The retailer’s earnings were pressured by a variety of costs.

New products include meat and dairy alternatives.

Slower line speeds after poultry product recalls hindered productivity.

With a price point of $8.99, the initial product will have a premium position in the category.

The innovation center is scheduled to open in 2020.

The company’s moves in the plant-based proteins space reflect optimism about growth potential in the category.

The approval paves the way for the Impossible Burger’s introduction at retail.

The company will manufacture some of its plant-based burgers at OSI facilities.

Company plans to leverage its Gardein brand to grow its position in the category.

Connolly: Many of the headwinds occurred during the 4th quarter.