Beyond Meat (BYND) Misses Q3 EPS by 47c, Guidance Misses
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Beyond Meat® Reports Third Quarter 2022 Financial Results
November 9, 2022 4:05 PM ESTEL SEGUNDO, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (Beyond Meat or the Company), a leader in plant-based meat, today reported financial results for its third quarter ended October 1, 2022.
Third Quarter 2022 Financial Highlights1
Net revenues were $82.5 million, a decrease of 22.5% year-over-year.Gross profit was a loss of $14.8 million, or gross margin of -18.0% of net revenues. Gross profit was negatively impacted by approximately $7.2 million, or -8.8 percentage points of gross margin, of underutilization fees and... More