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Beyond Meat beats Q4 forecasts despite flagging sales

Por: Associated Press Business February 24, 2023

Beyond Meat on Thursday reported better-than-expected fourth quarter sales despite flagging consumer demand and lower prices.The plant-based meat maker said its revenue fell 21% to $80 million in the October-December period. Still, that beat Wall Street’s expectations. Analysts polled by FactSet were forecasting revenue of $75.8 million.Beyond Meat’s shares jumped 14% in after-hours trading.The El Segundo, California-based maker of... + full article



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