Beyond Meat scales back revenue outlook

Plant-based meat maker's earnings drop 30% with falling demand, stock slides more than 20%.

Beyond Meat is taking a hit on Wall Street after the plant-based meat company reported anemic sales and scaled back its full-year revenue guidance.

The El Segundo, Calif.-based company has had a difficult last year or two among US consumers whose appetite for its products has dissipated.

Beyond’s shares fell more than 20% on Tuesday, making…