Market PositionThe company is well positioned to maintain a large share of the growing alt-meat market as total demand for its products is expected to increase.
Sales GrowthSales increased 7.6%, slightly better than consensus expectations of +6.4%, marking the first quarter of positive sales growth in two-and-a-half years.
U.S. Market PerformanceU.S. sales, which account for 60% of total sales, increased 15%, driven by significant growth in both retail and foodservice sectors.