Shares of Beyond Meat Inc. plunged 25% in extended trading Monday after the flagship name in the plant-based meat field reported third-quarter results Monday that badly missed Wall Street estimates.
Beyond Meat BYND, -4.05% reported a loss of $19.3 million, or 31 cents a share, compared with net income of $4.1 million, or 6 cents a share, in the year-ago quarter. Revenue improved just 3% to $94.4 million, from $92 million a year ago.
COVID? For real? 🤪
Kamala supports reducing the amount of red meat (presumably we are allowed to eat). Could benefit $BYND
Not covid, common sense
Ahhh I’m not worried as an investor, BeyondMeat will pull out if this! COVID19 has messed up all businesses, no need to worry. Proud to be an investor since it was $10 a share 😜 BeyondMeat ✌🏻✌🏻✌🏻 The products are amazing for plantbased meats!
No FOMO here, glad I stayed away
More burgers for me
Earnings miss and it gets its Whopper handed to it.
Do they really want to put this on COVID? I feel like vegan proteins have been selling like crazy. I bet 95% is because of competition. Aside from the Brats, Beyond meat isn’t all that good. Better alternatives now.
$BYND is switching it’s name to “Beyond Kale”... Beef, that’s what’s for dinner.😋
$TTCF is better...
Ya think?