Beyond Meat forecasts third-quarter revenue below estimates

Aug 5 (Reuters) - Beyond Meat Inc (BYND) forecast third-quarter revenue below estimates on Thursday, citing uncertainty related to the impact of rising COVID-19 infection rates on the fast-food restaurant sector.

The company said it expects third-quarter net revenue of $120 million to $140 million, compared with analysts' estimates of $153.3 million, according to IBES data from Refinitiv.

(Reporting by Uday Sampath in Bengaluru; Editing by Devika Syamnath)

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.