Beyond Meat forecasts annual revenue below estimates

Reuters
27 Feb
Beyond Meat forecasts annual revenue below estimates

Feb 26 (Reuters) - Beyond Meat BYND.O forecast annual revenue below estimates on Wednesday, as faux meat products maker faces persistent demand weakness amid sticky inflation.

For fiscal 2025, the company expects net revenue in the range of $320 million to $335 million, compared with analysts' estimates of $337.6 million as per data compiled by LSEG.

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Krishna Chandra Eluri)

((AnujaBharat.Mistry@thomsonreuters.com;))

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