Beyond Meat (BYND) Stock: Falls as Q2 Revenue Declines and Adjusted EBITDA Loss Widens

TLDR Beyond Meat shares fall after Q2 revenue declines 8.2% to only $68.8 million. Adjusted EBITDA loss widens to $27.7 million as quarterly margins weaken further. U.S. foodservice revenue plunges 27.6% amid weak demand and fewer locations. International retail sales rise 16.5% and provide the quarter’s main bright spot. Beyond Meat guides Q3 revenue to [...]

The post Beyond Meat (BYND) Stock: Falls as Q2 Revenue Declines and Adjusted EBITDA Loss Widens appeared first on Blockonomi.