Here's Everything You Need To Know Today
With our inflation outlook getting clearer and clearer—we’re actually getting a solid view of how the food business is adapting to the current efficiency meta.
Food costs have managed to stabilize, but the industry is still digesting a mountain of new costs and considerations in Q1. Despite that, we’re starting to see some wild efficiency breakouts across the food space.
Meanwhile, separate negative trends are only starting to intensify as America’s eating (and drinking) habits shift wildly.
So—with major inflation data not dropping until tomorrow—it turns out that the biggest stories hitting the market this morning all relate to the food and drink business. Let’s check out the major headlines and see what trends we can pick out here.
Beyond Meat Skyrockets on Searing Margin Guidance
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