Categories AlphaGraphs, Consumer, Earnings
Beyond Meat (BYND) reports Q2 results. Here’s everything you need to know
Beyond Meat, Inc. (NASDAQ: BYND), a pioneer in plant-based meat substitutes, on Monday reported a net loss for the second quarter of 2023 when its revenues declined in double digits.
The company said net revenues declined 30.5% year-over-year to $102.1 million in the June quarter, with sales at the core Retail segment falling sharply. Meanwhile, net loss narrowed to $53.5 million or $0.83 per share in Q2 from $97.1 million or $1.53 per share in the corresponding period of 2022.
For fiscal 2023, the management expects net revenues to be in the range of $360 million to $380 million, representing a decrease of around 14-19% compared to 2022.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
