Back to Search Start Over

Beyond Meat slashes guidance, reveals job cuts as sales dip.

Authors :
Coyne, Andy
Source :
Aroq - Just-Food.com (Global News); 8/5/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

Vegetarian and Vegan, Meat Substitutes, Company News, Homepage, News, Beyond Meat The Beyond Burger maker's Q2 results, released yesterday (4 August), revealed net revenue declined 1.6% year-on-year to $147m, while the business recorded a net loss of $97.1m, widening from $19.6m the year before. Keywords: Meat Substitutes; Vegetarian and Vegan; Company News; Homepage; News; Beyond Meat EN Meat Substitutes Vegetarian and Vegan Company News Homepage News Beyond Meat N.PAG N.PAG 1 08/10/22 20220805 NES 220805 US plant-protein business Beyond Meat has reduced its revenue forecast for the year against a backdrop of cash-strapped consumers trading down to lower-priced products. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Aroq - Just-Food.com (Global News)
Publication Type :
Report
Accession number :
158408417