(Reuters) – Beyond Meat Inc forecast fourth-quarter revenue below estimates on Wednesday, signaling continued weakness in demand from grocery stores which the plant-based meat maker had flagged last month.
The company said it expects fourth-quarter net revenue of $85 million to $110 million, compared with analysts’ estimates of $131.6 million, according to IBES data from Refinitiv.
(Reporting by Uday Sampath in Bengaluru; Editing by Vinay Dwivedi)
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