Beyond Meat, Inc. (NASDAQ: BYND) reported net revenues of $81 million for the third quarter of 2024, up 7.6% year-over-year.
Net loss was $26.6 million, or $0.41 per share, compared to net loss of $70.5 million, or $1.09 per share, in the year-ago period.
US retail channel net revenues increased 14.6% to $35 million while US foodservice channel net revenues increased 15.5% to $14.5 million in Q3.
For the full year of 2024, net revenues are expected to be $320-330 million.
The post Beyond Meat (BYND) Earnings: 3Q24 Key Numbers first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
