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Financial
Oatly to cut jobs as losses widen for oat milk maker
Oatly has revealed it will be cutting its employee headcount, after reporting a widening loss for its third quarter. The plant-based milk...
Beyond Meat losses widen amid rising costs
Beyond Meat has posted a bigger-than-expected loss for the third quarter, as the company’s margins are hit by the impact of inflation and...
Beyond Meat lowers revenue forecast, announces job cuts
Beyond Meat has scaled back its revenue forecast for the second time in three months and announced further job cuts as well as executive...
Cultivated Biosciences raises $1.5m in pre-seed funding round
Swiss start-up Cultivated Biosciences has raised $1.5 million in a pre-seed funding round, which will enable the company to address...
SunOpta reports “excellent” second-quarter results, grows plant-based revenue by 31%
SunOpta has reported 31% revenue growth for its plant-based segment in Q2, driving an “excellent” set of quarterly results for the...
Beyond Meat misses estimates for Q2 revenue, cuts full-year outlook
Beyond Meat has lowered its revenue forecast for 2022 and announced job cuts, as consumers reportedly trade down to cheaper proteins. The...
Oatly cuts full-year sales guidance citing multiple “headwinds”
Plant-based beverage giant Oatly has recorded a 21.8% rise in second-quarter revenue, but cut its outlook for full-year sales. For the...
Nestlé posts 7.7% organic growth amid coffee boom at home
Nestlé has recorded 7.7% organic sales growth in the first quarter, driven by a boost in coffee sales and a gradual recovery in...
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