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The company had been profitable in four of the prior five years

As a weight loss drug, semaglutide is intended to be used along with lifestyle changes like a reduced-calorie diet and regular physical activity

PwCs research notes that food and beverage companies with a highly concentrated customer base face the most acute exposure and should be closely examining GLP-1 uptake rates within their specific consumer segments

doi: 10.1016/j.conb.2017.05.018

Kobayashi S, Boggon TJ, Dayaram T, Jnne PA, Kocher O, Meyerson M, et al

Focus on high-quality foods like vegetables, fruits, whole grains, lean proteins, beans, nuts, and dairy or fortified alternatives