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Stock impact report

Beyond Meat Q4 Loss Wider Than Estimates, Revenues Decline Y/Y [Yahoo! Finance]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company delivered a loss per share, which was wider than the consensus mark. BYND's Quarterly Performance: Key Insights Beyond Meat reported a loss of 29 cents per share, wider than the Zacks Consensus Estimate of 12 cents per share. However, the metric improved from a loss of 65 cents per share in the previous-year period. Beyond Meat, Inc. Price, Consensus and EPS Surprise Beyond Meat, Inc. Price, Consensus and EPS Surprise Beyond Meat, Inc. price-consensus-eps-surprise-chart | Beyond Meat, Inc. Quote Net revenues declined 19.7% year over year to $61.6 million, below the Zacks Consensus Estimate of $68 million. The decline in revenues was mainly due to a 22.4% decrease in product volumes sold. The volume decline was driven by weak category demand and lower sales of chicken and burger products to QSR customers across the U.S. and international foodservice channels. This decrease was partially offset by a 3.5% increase in net revenue per pound, supported by favorable c Show less Read more
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