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NCBA, R-CALF, COOL, USDA (No Politics!)
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<blockquote data-quote="greybeard" data-source="post: 1578339" data-attributes="member: 18945"><p>Earn a buck?</p><p>As of May 13 2019...</p><p><em>"Even after its public debut, the company remains in the red, with a loss of $29 million—one million dollars less than its 2017 losses. Revenue growth was offset by higher freight costs, a 111% increase in headcount and higher marketing expenses as the company continues to try to expand its reach.</em></p><p><em></em></p><p><em>Questionable Valuation</em></p><p><em>At $66 a share, Beyond Meat's market cap is closing in on $4 billion. This means the company is currently valued at a little under 50 times annual sales. We'll say that again: not 50 times earnings; 50 times revenue. That's an extremely lofty valuation for a company that hasn't yet brought in a single dollar of profit."</em></p></blockquote><p></p>
[QUOTE="greybeard, post: 1578339, member: 18945"] Earn a buck? As of May 13 2019... [i]"Even after its public debut, the company remains in the red, with a loss of $29 million—one million dollars less than its 2017 losses. Revenue growth was offset by higher freight costs, a 111% increase in headcount and higher marketing expenses as the company continues to try to expand its reach. Questionable Valuation At $66 a share, Beyond Meat’s market cap is closing in on $4 billion. This means the company is currently valued at a little under 50 times annual sales. We'll say that again: not 50 times earnings; 50 times revenue. That's an extremely lofty valuation for a company that hasn’t yet brought in a single dollar of profit."[/i] [/QUOTE]
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