Beyond Meat, Inc. (NASDAQ: BYND) reported net revenues of $75.3 million for the third quarter of 2023, down 8.7% from the same period last year.
Net loss was $70.5 million, or $1.09 per share, compared to $101.7 million, or $1.60 per share, last year.
For the full year of 2023, the company expects net revenues of $330-340 million, representing a decrease of approx. 21% to 19% compared to 2022.
Prior performance
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