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Beyond Meat’s stock drops 11% as alt-protein titan records unsavory revenue outlook
date:Feb 28, 2022
ng outlets, new product introductions and expansion of distribution, partially offset by increased trade discounts.

But these wins were more than offset by reduced US retail channel net revenues, which decreased by 19.5% compared to the year-ago period, the company reports.

The decrease in US retail channel net revenues primarily reflected softer demand, five fewer shipping days in the fourth quarter of 2021 compared to the year-ago period, increased trade discounts, and, to a lesser extent, l

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