Beyond Meat (NASDAQ:BYND) stock is on the rise Wednesday following the release of the plant-based meat alternative company’s earnings report for the fourth quarter of 2023.That earnings report includes revenue of $73.7 million for Q4 2023. That’s better than the $67.92 million in revenue that Wall Street was expecting for the quarter. Even if it’s down 7.8% year-over-year from $79.94 million.Beyond Meat notes that its revenue beat is thanks to increased international sales even as demand in the U.S. weakens ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Beyond Meat (BYND 0.94%) stock skyrocketed 73.5% in Tuesday's after-hours trading, following the plant-based meat substitute maker's release of its fourth-quarter 2023 report. This sharp rise is largely attributable to the quarter's revenue exceeding Wall Street's consensus estimate, and the company's plans to "steeply reduce" costs in 2024, in the words of CEO Ethan Brown.These factors would not usually propel a stock up a whopping 74%, but price movements tend to be magnified for stocks with very high sho ...

At first glance, the fourth quarter earnings report published late on February 27 by the plant-based foods company Beyond Meat (NASDAQ: BYND) is nothing to write home about. BYND not only continued its long-standing trend of diminishing in terms of sales volume – in stores despite the promotion discounts and in restaurants as promotions ended – and revenue but also unveiled losses per share far more significant than the analysts were forecasting.The $155 million in net losses ultimately amounted to a per-sh ...

利润率问题 - Beyond Meat在过去一年面临了三大问题：利润率低下、销量下降和定价不力[3] - 公司的毛利率仍然非常糟糕，达到-113.8%，成本高于收入的两倍[4] - 公司的毛利率仍然为负数，销售继续落后于销量，现金流继续亏损[11] 销量问题 - 在销量方面，国际食品服务部门的销量激增52.6%，而美国的销量持续下降[6] - 公司在第四季度失去了4,000个销售点，调整后的EBITDA为-125.1百万美元[8] 财务展望 - Beyond Meat预测2024年全年营收将在3.15亿至3.45亿美元之间，较中间值下降4%[9] - 公司预期后半年毛利率将有所改善，但这并不是一个确定的事情[12] - 公司应该发行股票以利用股价的大幅上涨，增加现金储备[14] 业绩评价 - 股价上涨似乎是空头回补的结果，而公司的业绩本身并没有令人兴奋[15] - 鉴于公司的利润率低下、营收增长乏力和负面的EBITDA、盈利和现金流，很难使用传统指标对Beyond Meat进行估值[16] - 公司在2023年使用了一些激进的促销活动，这些活动将在2024年结束，有望提高毛利率[17] - 我继续给该股票打出“卖出”评级[18]

财务数据和关键指标变化 - 2023年第四季度收入下降7.8%至73.7百万美元,主要由于每磅净收入下降14.6%,部分被销量增加8%抵消 [35] - 2023年第四季度毛利为负83.9百万美元,包括7800万美元的非现金费用,主要与公司全球运营审查相关 [36] - 2023年全年经营现金流为负107.8百万美元,2022年为负320.2百万美元 [41] 各条业务线数据和关键指标变化 - 美国零售业务销量下降,食品服务业务也有所下滑,但国际业务继续保持良好增长 [35] 各个市场数据和关键指标变化 - 欧洲市场植物肉类产品渗透率较高,公司在英国、德国等国家的主要连锁店均有销售 [28][29] - 公司计划在2024年进一步拓展在德国零售市场的业务 [29] 公司战略和发展方向 - 公司正在实施一系列措施以实现可持续经营和回归增长,包括精简运营结构、优化产品组合、提价以及整合生产网络 [12][13][17][27] - 公司将推出新一代产品"Beyond IV",在营养和口感上进行重大升级,并获得多家权威健康机构的认证 [18][19][22][25] - 公司将继续投资欧洲业务,并计划在2024年进一步拓展在德国的零售市场 [15][29] 管理层对经营环境和未来前景的评论 - 管理层认为2024年将是公司重要和有希望的一年,各项举措有望在今年初见成效 [30] - 管理层对公司在美国市场的表现持谨慎态度,但对欧洲市场的发展前景较为乐观 [35][106][144] 问答环节重要的提问和回答 问题1 **Daniel Gold 提问** 询问Beyond IV的推出时间、定价策略以及对毛利的影响 [47][49] **Ethan Brown 回答** Beyond IV将于下月开始发货,并将在4-5月份实现更广泛分销,定价策略将与此同步推出,有助于毛利的提升 [47][48][49] 问题2 **Adam Samuelson 提问** 询问2024年的现金流情况 [63][64] **Lubi Kutua 回答** 公司正在采取多项措施以降低现金消耗,包括处置一些固定资产和存货,同时也计划在2024年采取措施来增强流动性 [65][66][67] 问题3 **John Baumgartner 提问** 询问2024年营销支出的预期变化 [119][126] **Lubi Kutua 回答** 总体营销支出预计将有所下降,但公司将更加精准地投放营销资源 [126][127]

Tuesday, February 27th, 2024All four major market indices were up as of Tuesday’s close, with only the Dow slipping by -0.25% on the session. The Nasdaq gained a measured +59 points, +0.37%, as it inches toward a new all-time high (16,057 as of November 2021; it closed at 16,035), while the S&P 500 split the difference, +0.17%, still 10 points off its own recently-reached all-time high. The Russell 2000, still marching to its own beat, broke off from the pack from the start of trading and closed +1.39% for ...

THERMAL, CALIFORNIA - APRIL 15: A view of the Beyond Meat Booth during REVOLVE Festival 2023, ... [+] Thermal, CA - Day 1 on April 15, 2023 in Thermal, California. (Photo by Vivien Killilea/Getty Images for REVOLVE)Getty Images for REVOLVEBeyond Meat stock (NASDAQ NDAQ : BYND), a plant-based meat alternative company, is scheduled to report its fiscal fourth-quarter results on Tuesday, February 27. We expect BYND’s stock to likely to see little to no movement due to revenues beating but earnings missing expe ...

Beyond Meat, Inc. (BYND) is likely to register a year-over-year top-line decrease when it reports fourth-quarter 2023 earnings on Feb 27. The Zacks Consensus Estimate for quarterly revenues is pegged at $68.4 million, suggesting a decline of 14.5% from the prior-year quarter’s reported figure.The Zacks Consensus Estimate for the fourth-quarter bottom line has been unchanged in the past 30 days at a loss of 82 cents per share. This indicates a 21.9% improvement from a loss of $1.05 per share reported in the ...

第四季度财务表现 - 第四季度2023年净收入为7370万美元，同比下降7.8%[2] - 第四季度2023年毛利为亏损8390万美元，毛利率为-113.8%[2] - 第四季度2023年净亏损为1.551亿美元，每股亏损2.40美元[4] - 第四季度2023年调整后的EBITDA亏损为1.251亿美元，占净收入的-169.9%[5] 全年财务表现 - 全年2023年净收入为3.434亿美元，同比下降18.0%[7] - 全年2023年毛利为亏损8270万美元，毛利率为-24.1%[7] - 全年2023年净亏损为3.381亿美元，每股亏损5.26美元[9] - 全年2023年调整后的EBITDA亏损为2.692亿美元，占净收入的-78.4%[10] 公司财务状况 - 公司现金及现金等价物余额为2.059亿美元，总债务为11亿美元[24] 2024年展望 - 公司2024年全年展望：预计净收入范围为3.15亿至3.45亿美元，毛利率预计为中至高十几个百分点，运营费用预计为1.7亿至1.9亿美元[25] 零售渠道信息 - 美国零售渠道分布点数量：2023年12月，Beyond Meat Jerky独有的美国零售店约为44,000家，总美国零售店数量约为144,000家[26] - Beyond Meat品牌产品的零售和餐饮渠道分布点数量：2023年12月，除Beyond Meat Jerky独有的店铺外，全球零售和餐饮渠道分布点数量[27] 公司营收情况 - 公司在2023年第四季度实现了73.68亿美元的净营收，同比下降8.1%[41] 公司盈亏情况 - 公司2023年全年净亏损为33.81亿美元，较上一年同期净亏损有所减少[41] 现金流情况 - 公司2023年全年现金流出自营业活动为10.78亿美元，较上一年同期有所改善[44] EBITDA情况 - 调整后的 EBITDA 在2023年第四季度为负125,147千美元，较2022年同期的负56,546千美元下降[48] - 净亏损占净收入的比例在2023年为210.5%，较2022年的83.6%上升[48] - 调整后的 EBITDA 占净收入的比例在2023年为负169.9%，较2022年的负70.7%下降[48] 外汇交易情况 - 2023年第四季度外汇交易收益为4.4百万美元，2022年同期为5.6百万美元[49] - 2023年全年外汇交易收益为1.1百万美元，2022年为负4.9百万美元[49] 利息收入情况 - 2023年第四季度利息收入为2.4百万美元，2022年为2.3百万美元[50] - 2023年全年利息收入为10.8百万美元，2022年为4.5百万美元[50]