Beyond Meat (BYND) Misses Q1 EPS by 57c, Offers Guidance
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Beyond Meat® Reports First Quarter 2022 Financial Results
May 11, 2022 4:05 PM EDTCompany Reaffirms Full Year 2022 Revenue Outlook
EL SEGUNDO, Calif., May 11, 2022 (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 April 2, 2022.
First Quarter 2022 Financial Highlights1
Net revenues were $109.5 million, an increase of 1.2% year-over-year.Gross profit was $0.2 million, or gross margin of 0.2% of net revenues.Net loss was $100.5 million, or $1.58 per common share. Net loss as a... More