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Shares of Beyond Meat Inc. fell about 9% in extended trading Monday after the company warned of weaker sales in the current quarter, following wider losses and sales that slipped in the third quarter amid dwindling demand for its meat-substitute products.
For the quarter ending Sept. 27, Beyond Meat’s
BYND revenue fell 13.3% year over year to $70.2 million, but still topped the FactSet consensus estimate of $69 million.
This post was originally published on Market Watch
