BYND - Beyond Meat Q1 Earnings: Revenue Beat EPS Miss Working To Make 2024 A Pivotal Year And More | Benzinga
Beyond Meat Inc (NASDAQ:BYND) reported first-quarter financial results after the market close on Wednesday. Here’s a look at the key metrics from the quarter.
Q1 Earnings: Beyond Meat said first-quarter revenue decreased 18% year-over-year to $75.603 million, which beat consensus estimates of $75.241 million, per Benzinga Pro. The plant-based meat company reported a first-quarter adjusted loss of 72 cents per share, which missed estimates for a loss of 67 cents per share.
U.S. retail channel net revenues decreased 16% year-over-year and U.S. foodservice channel net revenues decreased 16.2%. International retail channel net revenues fell 12% and international foodservice channel net revenues decreased 28.7%.
Beyond Meat ended ...