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Beyond Meat lowers estimate for annual revenue forecast

25 February 2022

The company expects $17.3-$77.3 million less in income in 2022

Beyond Meat Inc forecast annual revenue below estimates on Thursday, as the plant-based business pioneer wrestles with labour and supply chain disruptions and faces stiff competition in the United States, reported Reuters

The company said it expects revenue of $560 million to $620 million for 2022, compared with estimates of $637.3 million, according to Refinitiv IBES data.

Source: Reuters


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