Beyond Meat Q1 revenue down 18% driven by decreased sales

Beyond Meat® Reports First Quarter 2024 Financial Results

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 profit of $6.2 ...

Net revenues were $75.6 million, an 18% decrease year-on-year. Beyond Meat said its decrease in net revenue was “primarily driven by a 16.1% ...

Beyond Meat® Reports First Quarter 2024 Financial Results

... reduced sales of Beyond Meat. Jerky which is in the process of being ... operations was driven by the reduction in operating expenses, partially ...

City snapshot: Beyond Meat sees 18% sales plunge on weakening ...

... 18% plunge in first quarter revenues as demand in the category ... The decrease in net revenues was primarily driven by a 16.1% decrease ...

Beyond Meat CEO sees 2024 as a 'pivotal year' despite grim Q1 ...

Plant-based pioneer Beyond Meat reported an 18% decline in revenue from the same period last year. Demand in the U.S. for its burgers, steak and ...

Beyond Meat's (NASDAQ:BYND) Q1 Earnings Results: Revenue In ...

Plant-based protein company Beyond Meat (NASDAQGS:BYND) reported results in line with analysts' expectations in Q1 CY2024, with revenue down ...

Beyond Meat reports $54.4m loss | News

Meat alternative brand Beyond Meat has reported a loss of $54.4 million for Q1 2024, which it attributed to a decline in product sales.

Beyond Meat Stock Has 24% YTD Decline, But Can Sentiment ...

In Q2 2024, the company's revenue of $93 million was down almost 9% year-over-year (y-o-y), driven by a 14% decrease in the volume of products ...

Beyond Meat urges investors to look past bumpy Q1, says new US ...

International retail sales fell 12%, reflecting lower demand for plant-based chicken, Beyond Meat said. International food service sales fell 29 ...

Here are a few reasons why Beyond Meat (BYND) appears to be ...

Beyond Meat has been seeing continued revenue declines over the past several quarters. In the first quarter of 2024, net revenue decreased 18% ...

Where next for Beyond Meat as debt-laden firm posts grim Q1?

Beyond Meat posted a net loss of $54.4m on revenues down 18% to $75.6m in Q1, 2024. However, gross margins moved back into positive ...

Beyond Meat reports wider-than-expected Q1 loss, sales decline

Beyond Meat posted a wider-than-expected quarterly loss and an 18% drop in revenue on Wednesday as its higher priced plant-based meat ...

Beyond Meat Q1 Earnings: Here's Why the Stock Dropped 13.5%

BYND delivered net revenues of $75.6 million in Q1, down 18% year-over-year. This decline reflects a 16.1% drop in volumes. Moreover, trade ...

Earnings call: Beyond Meat faces challenges in Q1 2024 with ...

Beyond Meat, Inc. (NASDAQ:BYND), a leader in plant-based meat alternatives, reported a decline in its financial performance for the first ...

Why Beyond Meat's Revenue Bump May Not Mean a Full Comeback

Beyond Meat recently reported a 7.6% revenue increase for the third quarter, marking its first quarterly growth since 2022. However, a ...

Beyond Meat scales down, remains 'bullish' in Europe

Now, Beyond Meat has seen a further decline in its Q1 2024 earnings statement. With an 18% decline in net revenue compared with Q1 last year ...

Beyond Meat posts positive growth for first time in almost 3 years

Despite quarterly sales volumes taking a hit, CEO Ethan Brown told analysts that the company's price hikes are helping on its path to ...

Beyond Meat(R) Reports First Quarter 2023 Financial Results

The decrease in net revenue per pound was primarily attributable to changes in product sales mix, increased trade discounts and unfavorable changes in foreign ...

Beyond Meat, Inc. Quarterly Report for the Period Ended March 30 ...

Net revenues in Q1 2024 decreased 18% year-over ... U.S. retail sales fell 16% in Q1 2024 compared to Q1 2023, driven ... profit or protect against loss in a down ...

Beyond Meat flags flat sales outlook as US hit by “weak” demand

Beyond Meat posted another quarter of falling revenue and pointed to likely lower sales ... down 18% for the year at $343.4m. The US-based ...