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Beyond Meat earnings miss big on declining food service and consumer demand – TechCrunch

Beyond Meat’s partnership with McDonald’s to develop the McPlant burger wasn’t sufficient to maintain shares from collapsing after the corporate posted third-quarter earnings that fell far beneath analysts’ expectations. The large miss despatched shares tumbling almost 29% in after markets closed Monday after reporting it generated $94.Four million in revenues and a lack of 28 […]