( ) -q-27- UNDATED (Correspondent Jeremy House) “processed and unhealthy.” Beyond Meat has reported better-than-expected sales in the second quarter despite continuing weak demand for its plant-based meat. [CutID: <Cuts> BEYOND-MEAT-house-q-THUam.mp3 Time: 27s Title: BEYOND-MEAT-house-q-THUam Out-cue: processed and unhealthy] TAG: Correspondent Jeremy House reporting. Beyond Meat said its sales volumes fell 14% in the April-to-June […]
Audio
Beyond Meat reports better-than-expected sales
( ) -q-27- UNDATED (Correspondent Jeremy House) “processed and unhealthy.”
Beyond Meat has reported better-than-expected sales in the second quarter despite continuing weak demand for its plant-based meat.
[CutID: <Cuts> BEYOND-MEAT-house-q-THUam.mp3
Time: 27s
Title: BEYOND-MEAT-house-q-THUam
Out-cue: processed and unhealthy]
TAG: Correspondent Jeremy House reporting. Beyond Meat said its sales volumes fell 14% in the April-to-June period on weaker demand in the U.S. and international markets.
—————————-
VERBATIM: The El Segundo, California-based company says its revenue fell nearly 9% to $93.2 million for the April-to-June period. That was better than the $87.8 million Wall Street anticipated, according to analysts polled by FactSet. Still, it was Beyond Meat’s ninth straight quarter of year-over-year revenue declines as it continues to fight consumer perceptions that its products are overly processed and unhealthy.