Beyond Meat Faces Deeper Losses with Q4 Operating Deficit Swelling to $132.7 Million

Beyond Meat shares tumbled 9.71% to 63 cents in after-hours trading on Tuesday following a dismal fourth-quarter performance, with revenue sliding 19.7% year-over-year to miss analyst estimates. The decline, driven by a 22.4% drop in product volume, reflects persistent weakness in the plant-based meat category and reduced sales to quick-service restaurant customers for chicken and […] The post Beyond Meat Faces Deeper Losses with Q4 Operating Deficit Swelling to $132.7 Million appeared first on the deep dive.