During the fourth quarter of fiscal 2022, ended Dec. 31, the company took a $720 million impairment charge partially related to its physical Amazon Fresh and Amazon Go store formats.
Research presented at the Natural Product Expo West trade show on March 10 identified taste, texture and quality as unmet needs in plant-based meat and dairy alternatives.
Beyond Meat, Inc. recorded a loss of $366 million during fiscal year 2022, ended Dec. 31, 2022, more than double the loss of $182 million the company endured the year prior.