Beyond Meat revenue falls in Q1 on weak demand for plant-based meat in US and abroad
Beyond Meat reported higher-than-expected revenue in the first quarter despite lower demand for its plant-based meats in the U. S. and abroad. The El Segundo, California-based company said its revenue fell 18% to $75. 6 million in the January-March period. That was slightly higher than the $75. 2 million Wall Street expected, according to analysts polled by FactSet. It was the eighth straight quarter the company reported year-over-year revenue declines. Beyond Meat said U. S. retail demand was...
Read MoreWed, 08 May 2024
- Beyond Meat revenue falls in Q1 on weak demand for plant-based meat in US and abroad
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