Beyond Meat Inc's expenses more than doubled in the third quarter as the ve...
FILE PHOTO: The company logo and trading information for Beyond Meat is displayed on a screen during the IPO at the Nasdaq Market site in New York, U.S., May 2, 2019. REUTERS/Brendan McDermid/
The company’s shares fell 8% in after-market trading as the surge in expenses overshadowed a beat on quarterly revenue and a raised forecast for full-year sales. The California-based company raised its full-year net revenue forecast for the second time to $265 million to $275 million. It had previously forecast net revenue to exceed $240 million.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's what to expect from Beyond Meat earnings
Read more »
Beyond Meat stock falls despite earnings that show first profit in company historyBeyond Meat Inc. shares fell in after-hours trading Monday despite an earnings report that showed the company’s first quarterly profit in history.
Read more »
Birchbox CEO is looking beyond beauty connoisseurs for its next phase of growthBirchbox CEO Katia Beauchamp says the company has shifted its strategy to look outside of the typical beauty connoisseur for growth.
Read more »
The Best Black Lipsticks For Halloween & BeyondChannel your inner Bad Gal RiRi with the perfect jet black lipstick. Oh, and add a choker to complete the look if you're feeling edgy.🖤
Read more »
Why Ryan Murphy Thinks ‘American Horror Story’ Could Continue Beyond Season 10FX’s hit horror anthology series “American Horror Story” celebrated its 100th episode milestone in true “AHS” style, hosting a lavish bash among the tombstones at the Hollywood Forever Cemetery — a…
Read more »