Beyond Meat (BYND) misses consensus estimates as demand falls further
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Beyond Meat (BYND) Misses Q3 EPS by 47c, Guidance Misses
November 9, 2022 4:07 PM ESTBeyond Meat (NASDAQ: BYND) reported Q3 EPS of ($1.60), $0.47 worse than the analyst estimate of ($1.13). Revenue for the quarter came in at $82.5 million versus the consensus estimate of $114.27 million.
GUIDANCE:
Beyond Meat sees FY2022 revenue of $400-425 million, versus the consensus of $453.4 million.
2022 net revenues are expected to be in the range of approximately $400 million to $425 million, representing a decrease of approximately 14% to 9% compared to 2021.On October 14, 2022, the Company... MoreBeyond Meat (BYND) Launches Beyond Chicken Nuggets and Beyond Popcorn Chicken
November 7, 2022 8:00 AM ESTBeyond Meat, Inc. (NASDAQ: BYND) today launched Beyond Chicken® Nuggets and Beyond Popcorn Chicken, the latest additions to Beyond Meats award-winning chicken platform that also includes Beyond Chicken® Tenders. The new plant-based chicken products will launch at more than 5,000 Kroger and Walmart stores nationwide, as well as at select Albertsons and Ahold divisions and... More
