Beyond Meat expects sales to take a hit due to new Corona uncertainty
Beyond Meat
However, the company had to cope with a surprisingly high loss of 19.7 million dollars. Investors also disliked the business outlook for the current quarter. Because of new uncertainties due to rising Corona infection figures, Beyond Meat expects weaker demand. The company's revenue forecast of $120 million to $140 million was well below market expectations. The share price fell by around five percent after trading hours./hbr/DP/zb (dpa)
Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.
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