Beyond chicken1/21/2024 same-store sales jumped 13% on a two-year basis during its third quarter. Strong demand for KFC's fried chicken has helped lift the price. On the other hand, shares of Yum have climbed 30% in the last year, bringing its market value to $40.3 billion. The stock closed Tuesday down 5% at $61.62 and short sellers betting against the stock represent 37.2% of available shares, according to Factset. In the last 12 months, shares have lost half their value, dragging the company's market value down to $3.9 billion. "They've helped us prepare for this and we brought in, I think, some of the top executives in the industry."īeyond Meat is looking to get its stock back on track. "We're continuing to grow the operations team they did a lot of work to help the team get ready in these final days," Brown said, adding the Yum tie-up has been years in the making. Adcock also spent 30 years at Tyson with a focus on operations and supply chain management. Ramsey spent three decades at Tyson, overseeing its poultry and McDonald's businesses. In preparing for launches to come in the new year, Beyond Meat poached industry veterans from Tyson Foods for its C-suite in December, adding Doug Ramsey as chief operating officer and Bernie Adcock in a new role of chief supply chain officer. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower And when we saw that they also had the new Beyond Chicken Tenders the menu, we knew we had to try them. Best Debt Consolidation Loans for Bad Credit We ate Beyond Chicken Tenders One of our favorite takeout spots - Plant Based Pizzeria - was having a BOGO sale on their Philly pizza, so we went for it.
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