Published 3 months ago

Beyond Meat’s stock is sizzling, up nearly 75% on growing gross margins

Summary by Ground News

Beyond Meat Inc. reported a fiscal fourth-quarter net loss of $155.1 million, or $2.40 a share. Net revenue declined to $73.7 million from $79.9 million in the year-ago quarter. The company provided fiscal 2024 sales guidance of $315 million to $345 million. Shares of Beyond Meat fell back to Earth a bit following their after-hours peak.

0 Articles

All

Left

Center

Right

MarketWatch

Beyond Meat’s stock is sizzling, up nearly 75% on growing gross margins

Beyond Meat Inc.’s stock hurtled nearly 75% higher in after-hours trading Tuesday following the company’s quarterly results that included a forecast of gross...

3 months ago·United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.