News from Beyond Meat
Stay current with all the latest and breaking news about Beyond Meat, compare headlines and perspectives between news sources on stories happening today. In total, 9 stories have been published about Beyond Meat which Ground News has aggregated in the past 3 months.
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Beyond MeatBy Samantha Delouya, CNN (CNN) — Shares of Beyond Meat skyrocketed in after-hours trading on Tuesday after the company promised to cut costs and transition to a “leaner operating structure” in its fourth-quarter financial report. The troubled plant-based meat company, which has partnerships with McDonald’s and KFC owner Yum! Brands, has faced falling demand for its products and ballooning costs in recent years. But on Tuesday, the company announ…See the Story
Beyond Meat’s stock surges after CEO promises to steeply cut costs in 2024
100% Center coverage: 1 sources
Beyond Meat · CaliforniaBeyond 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.See the Story
Beyond Meat’s shares soar on better-than-expected Q4 revenue despite weak US sales
71% Center coverage: 7 sources
Stock MarketsBeyond 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.See the Story
Beyond Meat’s stock is sizzling, up nearly 75% on growing gross margins
100% Center coverage: 1 sources
