Beyond Meat (BYND) Misses Q2 EPS by 8c; Guides Below Views for Q3

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Go back to Beyond Meat (BYND) Misses Q2 EPS by 8c; Guides Below Views for Q3

Beyond Meat® Reports Second Quarter 2021 Financial Results

August 5, 2021 4:05 PM EDT

Second Quarter 2021 Net Revenues Increased 32% Year-Over-Year to $149.4 Million

Foodservice Channel Net Revenues Increased 218% Year-Over-Year

EL SEGUNDO, Calif., Aug. 05, 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 second quarter ended July 3, 2021.

Second Quarter 2021 Financial Highlights1

Net revenues were $149.4 million, an increase of 31.8% year-over-year.Gross profit was $47.4 million, or gross margin of 31.7% of net... More