Beyond Meat sizzles on better than expected results

Nivedita Balu and Tina Bellon

Jun 7, 2019 – 9.50am

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New York | Beyond Meat said it expects to more than double its revenue and report break-even EBITDA this year, betting on the growing demand for plant-based meat substitutes, sending the burger maker's shares up over 21 per cent.

The plant-based meat maker's shares soared after it beat Wall Street's first quarter earnings and revenue forecasts.

Reuters

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