Beyond Meat Reports First Quarter Results, Smaller Loss
Beyond Meat (NASDAQ: BYND) reported its financial results for its first quarter, showing net revenues were $92.2 million, down 15.7% from the year prior.
Founded in 2009 and based in El Segundo, California, Beyond Meat is a leading plant-based meat company that offers a variety of items designed to have the same taste and texture as animal-based meat.
Net revenues for U.S. retail and foodservice during the three months that ended April 1, 2023 were down 29.8% from 2022. Net international revenues, however, were up 30%, with a nearly ...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.