Beyond Meat (BYND) cuts outlook as demand softness continues to bite

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Beyond Meat® Provides Select Third Quarter Financial Results, Revises 2023 Full Year Outlook, and Plans for Expense Reductions

November 2, 2023 8:35 AM EDT

Company is Pursuing Significant Operating Expense Reductions Beginning with a 19% Reduction in Non-Production Headcount

Third Quarter Earnings Conference Call Scheduled for November 8, 2023

EL SEGUNDO, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (Beyond Meat or the Company) provided a business update today.

Select Third Quarter 2023 Financial Results

The Company is providing the following select third quarter financial results.

Net revenues are... More