Published 3 months ago

Beyond Meat’s shares soar on better-than-expected Q4 revenue despite weak US sales

Summary by Ground News

Beyond Meat said its U.S. sales fell 23.5% during the quarter. Grocery sales were down despite lower prices, and restaurant demand also fell. The company said its net loss more than doubled to $155.1 million for the fourth quarter, or $2.40 per share. Beyond Meat cut its full-year earnings forecast last November.

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Associated Press News

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soared Tuesday after it reported higher-than-expected sales in the fourth quarter. The plant-based meat maker said its revenue for the October-December period fell 8% to $73.7 million.

3 months ago·United States

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abc News

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soared Tuesday after it reported higher-than-expected sales in the fourth quarter

3 months ago·United States

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Washington Top News

Beyond Meat’s shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat shares soared Tuesday as investors cheered better-than-expected fourth quarter revenue and a new, healthier burger that could help revive U.S. sales. The plant-based meat maker’s stock jumped more than 78% in after-market trading. The El Segundo, California-based company said its revenue for the October-December period fell 8% to $73.7 million. But that was better than the $66.7 million Wall Street was expecting, according to analyst…

3 months ago·Washington, United States

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WPLG

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat reported higher-than-expected sales in the fourth quarter despite weak U.S. demand.The results sent the plant-based meat maker's stock soaring more than 78% in after-market trading.The company said its revenue for the October-December period fell 8% to $73.7 million. That was better than the $66.7 million Wall Street was expecting, according to analysts polled by FactSet.Beyond Meat said its U.S. sales fell 23.5% during the quarter. …

3 months ago·Miami, United States

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Click on Detroit

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

3 months ago·Detroit, United States

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San Diego Union Tribune

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales DEE-ANN DURBIN Feb. 27, 2024 Beyond Meat reported higher-than-expected sales in the fourth quarter despite weak U.S. demand.The results sent the plant-based meat maker's stock soaring more than 78% in after-market trading.The company said its revenue for the October-December period fell 8% to $73.7 million. That was better than the $66.7 million W…

3 months ago·San Diego, United States

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Beyond Meat’s shares soar on better-than-expected Q4 revenue despite weak US sales

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Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat’s shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat’s shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

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