Beyond Meat Sees 2023 Net Revenues Are Now Expected To Be In Range Of $330M-$340M; Capital Expenditures Are Now Expected To Be In Range Of $10M-$15M
Portfolio Pulse from Benzinga Newsdesk
Beyond Meat has revised its 2023 net revenue expectations to be in the range of $330M-$340M. The company also expects its capital expenditures to be between $10M-$15M.
November 02, 2023 | 12:41 pm
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NEUTRAL IMPACT
Beyond Meat's revised 2023 net revenue and capital expenditure expectations could impact investor sentiment and the company's stock price.
The revision in Beyond Meat's 2023 net revenue and capital expenditure expectations indicates a change in the company's financial outlook. This could influence investor sentiment and potentially impact the company's stock price. However, the direction of the impact is uncertain without additional context.
CONFIDENCE 90
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RELEVANCE 100