Why Beyond Meat Stock Was Sliding Today [Yahoo! Finance]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: Yahoo! Finance
As of 11:51 a.m. ET, the stock was down 10.6% on the news. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » It was the first quarter of revenue growth for the plant-based meat company in three years, as the top line increased 7.6% to $81 million, which compared to estimates of $80.7 million. Revenue growth was solid in the U.S., up 14.9%, but a decline in international food service revenue weighed on overall results. It also returned to a positive gross profit at $14.3 million, up from a gross loss of $7.3 million, as top-line numbers benefited from higher prices. The company narrowed its losses further down the income statement with an operating loss of $30.9 million, compared to a loss of $69.6 million in the quarter a year ago. On the bottom line, it reported a loss of $0.41 per share, compared to a loss of $1.09 per share in the quarter a year ago. That was slightly better than expectations at a loss of $0.44. C
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BYND
News
- As Egg Prices Top $7 a Dozen, Demand for Vegan Substitutes Soars [Yahoo! Finance]Yahoo! Finance
- Beyond Meat® to Report Fourth Quarter and Full Year 2024 Financial Results on February 26, 2025GlobeNewswire
- ‘World's first' lab-grown meat for pets launches in the UK [CNN]CNN
- How a ‘cow fart' vaccine could help tackle climate change [CNN]CNN
- Beyond Meat Unveils Expanded Line of Beyond Steak®, One of the Fastest Growing and Top Selling Plant-Based Meat Products on the Market (1) [Yahoo! Finance]Yahoo! Finance
BYND
Earnings
- 11/6/24 - Beat
BYND
Sec Filings
- 2/13/25 - Form SCHEDULE
- 2/10/25 - Form 4
- 2/10/25 - Form 8-K
- BYND's page on the SEC website