Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales
Beyond Meat's shares soared Tuesday after it reported higher-than-expected sales in the fourth quarter
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Beyond Meat's shares soared Tuesday after it reported higher-than-expected sales in the fourth quarter
Beyond Meat shares soared Tuesday as investors cheered better-than-expected fourth quarter revenue and a new, healthier burger that could help revive U.S. sales. Beyond Meat President and CEO Ethan Brown said the company used to rely on 13 outside manufacturing locations in North America; now it uses just one. Beyond Meat said its U.S. sales fell 23.5% during the quarter.
Beyond Meat shares soared Tuesday as investors cheered better-than-expected fourth quarter revenue and a new, healthier burger that could help revive U.S. sales.
Beyond Meat is revamping its signature plant-based burger, hoping that healthier ingredients will help it boost flagging U.S. sales.
Maybe you made a resolution to eat more plants this year, or you've discovered how much better you feel without so much wheat. That's no...