Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales [Financial Post (Toronto, Ontario, Canada)]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: Financial Post
Plant-based meat maker Beyond Meat urged investors to look past its mixed first quarter results Wednesday, saying a new, healthier burger hitting U.S. shelves now will help reignite weak sales. “We really do believe we are at the early stages of a pivotal and terrific year for Beyond Meat,” President and CEO Ethan Brown said during a conference call with investors. “We're doing the things you need to do to get through a period that's challenging and return to growth.” Article content Article content The comments came after a bumpy first quarter that saw lower demand for Beyond Meat's burgers, steak and chicken in the U.S. and abroad. The El Segundo, California-based company said its revenue fell 18% to $75.6 million in the January-March period. That was slightly higher than the $75.2 million Wall Street expected, according to analysts polled by FactSet. It was the company's eighth straight quarter of year-over-year revenue declines. Beyond Meat said U.S. retail demand w
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- 5/8/24 - Miss
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- 5/16/24 - Form 4
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- 5/10/24 - Form S-8
- BYND's page on the SEC website