Beyond Meat (BYND) Misses Q1 EPS by 23c, Offers Guidance

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Go back to Beyond Meat (BYND) Misses Q1 EPS by 23c, Offers Guidance

Beyond Meat® Reports First Quarter 2021 Financial Results

May 6, 2021 4:05 PM EDT

First Quarter 2021 Net Revenues Increased 11% Year-Over-Year to $108.2 Million

Gross Profit Improved Sequentially to $32.7 Million or 30.2% of Net Revenues

EL SEGUNDO, Calif., May 06, 2021 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (Beyond Meat or the Company), a leader in plant-based meat, today reported financial results for its first quarter ended April 3, 2021.

First Quarter 2021 Financial Highlights1

Net revenues were $108.2 million, an increase of 11.4% year-over-year.Gross profit was $32.7 million, or gross margin of 30.2% of net... More