Beyond Meat reports better-than-expected sales despite demand remaining weak
Beyond Meat says its revenue fell nearly 9% in the second quarter on lower demand for its plant-based burgers, chicken and other products. The El Segundo, California-based on Wednesday company reported revenue of $93.2 million for the April-June period. That was better than the $87.8 million Wall Street anticipated. Beyond Meat narrowed its net loss to $34.4 million, in line with analysts’ forecasts. Beyond Meat has been trying to boost demand with new, healthier products. Earlier this spring, the... Читать дальше...