Retail News

Beyond Meat reports 1Q loss as foodservice sales plunge

Yahoo Finance 05/07/2021

Beyond Meat reported first-quarter sales of $108.2 million, below the consensus of $113.18 million. The plant-based meat alternative brand was particularly hit by a decline in foodservice revenues, which were down 26 percent in the U.S. and 44 percent internationally.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!