🥩📉🌱 Beyond Meat Withdraws Sales Outlook As U.S. Demand, Inflation Weigh Heavily 🔹 Summary: Beyond Meat pulled its full-year sales forecast and reported weak Q1 results, citing worsening U.S. consumer demand and inflation pressures that have hurt the adoption of plant-based meat alternatives. While domestic sales sharply declined, the company’s international operations showed modest growth, offering a rare bright spot amid ongoing financial struggles. 🔹 Key Points: • Q1 revenue fell 9.1% YoY to $68.7M, missing the $75M analyst estimate. • U.S. retail revenue dropped 15.4%; U.S. foodservice revenue fell 23.5%. • Q1 loss widened to $0.69/share vs. $0.48/share estimated. • Q2 revenue forecast of $80M–$85M trails the $93.5M analyst expectation. • Beyond Meat closed a $100M debt financing deal with the Ahimsa Foundation. @CMEActiveTrader Tickers Of Interest: $ES $NQ $YM $XLP $RUT Tickers Of Interest: $BYND $K $GIS $SYY $MDLZ $TSN $KHC $USD $SPY $QQQ $XLY $XLP $VEGI $PBJ