Beyond Meat® Reports Third Quarter 2024 Financial Results
Beyond Meat(BYND) GlobeNewswire News Room·2024-11-07 05:05
EL SEGUNDO, Calif., Nov. 06, 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 third quarter ended September 28, 2024. Third Quarter 2024 Financial Highlights1 Net revenues were $81.0 million, an increase of 7.6% year-over-year.Gross profit was $14.3 million, or gross margin of 17.7%, compared to a loss of $7.3 million, or gross margin of -9.6%, in the year-ago period.Loss from operations was $30 ...