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November 9, 2020 11:27 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hVdSZgpNzF4/
Beyond Meat earnings miss big on declining food service and consumer demand
Beyond Meat’s partnership with McDonald’s to develop the McPlant burger wasn’t enough to keep shares from collapsing after the company posted third-quarter earnings that fell far below analysts’ expectations. The big miss sent shares tumbling nearly 29% in after markets closed Monday after reporting it generated $94.4 million in revenues and a loss of 28 […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hVdSZgpNzF4/
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