Beyond Meat struggles to rein in US faux meat demand slide

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Beyond Meat (BYND) sales slide as U.S. demand tumbles

November 9, 2023 8:47 AM EST

Beyond Meat (NASDAQ: BYND) reported its latest quarterly earnings on Thursday, missing consensus earnings and revenue estimates by a wide margin.

The plant-based meat company reported a Q3 loss per share of $1.09, $0.24 worse than the analyst estimate of a $0.85 loss per share. Revenue for the quarter came in at $75.3 million versus the consensus estimate of $87.6... More