Beyond Meat(BYND) - 2024 Q1 - Quarterly Results
Beyond Meat(BYND)2024-05-09 04:33
Exhibit 99.1 For immediate release ® Beyond Meat Reports First Quarter 2024 Financial Results EL SEGUNDO, Calif. — May 8, 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 Highlights 1 • 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 profi ...