5 Warnings Signs in Beyond Meat's Latest Earnings Report
Beyond Meat (NASDAQ: BYND) set low expectations for its third-quarter earnings report by slashing its sales forecast in late October. Still, it was jarring to see the scale of the plant-based meat specialist's growth stumbles. Sales trends hit a wall in the core U.S. market while net losses ballooned. Cash flow was weak, and so was the company's short-term guidance.
Let's take a look at the biggest warning flags in Beyond Meat's announcement.
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Source Fool.com
