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Beyond Meat earnings miss big on declining food service and consumer demand

Beyond Meat earnings miss big on declining food service and consumer demand

TechCrunch Industry News · TechCrunch

November 10, 20204m 30s

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Show Notes

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 […]

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