Beyond Meat® Reports First Quarter 2024 Financial Results
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: GlobeNewswire
EL SEGUNDO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its first quarter ended March 30, 2024. First Quarter 2024 Financial Highlights1 Net revenues were $75.6 million, a decrease of 18.0% year-over-year.Gross profit was $3.7 million, or gross margin of 4.9%, compared to gross profit of $6.2 million, or gross margin of 6.7%, in the year-ago period.Loss from operations was $53.5 million, or operating margin of -70.7%, compared to loss from operations of $57.7 million, or operating margin of -62.6%, in the year-ago period. Adjusted loss from operations was $46.0 million, or adjusted operating margin of -60.8%, reflecting the exclusion of a $7.5 million accrual related to a consumer class action settlement. Net loss was $54.4 million, or $0.84 per common share, compared to net loss of $59.0 million, or $0.92 per common share, in the year-ago period. Adj
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BYND
Earnings
- 5/8/24 - Miss
BYND
Sec Filings
- 5/16/24 - Form 4
- 5/16/24 - Form 4
- 5/10/24 - Form S-8
- BYND's page on the SEC website