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.

Beyond Meat Q2 2023 earnings infographic

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

  • Beyond-Meat-Q3-2022-Earnings-Infographic
  • Beyond Meat Q2 2022 Earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

FL Earnings: Foot Locker Q1 2024 profit declines on lower sales

Foot Locker, Inc. (NYSE: FL) Wednesday reported a decline in profit for the first three months of fiscal 2024 when revenues decreased 3% year-over-year. Revenues of the specialty athletic retailer

Infographic: How Kohl’s Corporation (KSS) performed in Q1 2024

Kohl’s Corporation (NYSE: KSS) reported first quarter 2024 earnings results today. Net sales decreased 5.3% year-over-year to $3.2 billion. Comparable sales decreased 4.4%. Net loss was $27 million, or $0.24

DG Earnings: All you need to know about Dollar General’s Q1 2024 earnings results

Dollar General Corporation (NYSE: DG) reported its first quarter 2024 earnings results today. Net sales increased 6.1% year-over-year to $9.91 billion. Same-store sales increased 2.4%. Net income decreased over 29% to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top