“Our biggest focus is to provide solutions for consumers as they have meat disruptions,” Beyond Meat CEO Ethan Brown said during the company’s most recent earnings conference call this week. “There is an opportunity for consumers to be aware of a different [protein] model. There are more opportunities to be relevant to customers.”

During the same call, Brown reported Beyond Meat’s net revenues had increased to $97.1 million during the first quarter of 2020—a 141 percent increase from its net revenues of $40.2 million during this time last year. “I am proud of our first quarter financial results which exceeded our expectations despite an increasingly challenging operating environment due to the COVID-19 health crisis,” Brown said. “During this unprecedented time, we remain steadfast in our resolve to continue to provide great-tasting plant-based meats to consumers, to solidify our support to our retail and foodservice customers, and to continue to lead the global plant-based meat movement.”

Original Source: https://vegnews.com/