GREY:VGFCQ - Post Discussion
Post by
CanadianKia on Nov 05, 2021 8:29am
This will be at $0.5 soon
Here is the earnings from Maple Leaf Foods. A well established organization with tons of history and sales. I ONLY POST FACTS. HERE ARE SOME FACTS.
Beyond meat will continue to sink and reality will kick in. and now a canadian company is feeling the sales decrease in plant based as well. Here are the FACTS.
like i said. with $10M in sales, they're not going anywhere. The shares WILL go to $0.5.
https://www.mapleleaffoods.com/wp-content/uploads/2021/11/Maple-Leaf-Foods-Q3-2021-Press-Release.pdf
READ THIS:
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2021 Outlook: Meat Protein Group targets unchanged – mid-to-high single digit sales growth and Adjusted EBITDA Margin expansion. Driven largely by the lower than expected growth in the plant protein category, the Company does not expect to meet its Plant Protein Group sales growth target for the second half of 2021 and will not likely have a further view on near term sales growth targets until it has completed its reassessment of the category.
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