Beyond Meat (BYND) sales slide as U.S. demand tumbles
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Beyond Meat® Reports Third Quarter 2023 Financial Results
November 8, 2023 4:05 PM ESTEL SEGUNDO, Calif., Nov. 08, 2023 (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 September 30, 2023.
Third Quarter 2023 Financial Highlights1
Net revenues were $75.3 million, a decrease of 8.7% year-over-year.Gross profit was a loss of $7.3 million, or gross margin of -9.6%, compared to a loss of $14.8 million, or gross margin of -18.0%, in the year-ago period.... MoreIsraeli Ministry of Health Reports Surge in Medical Cannabis Patients Following Recent Events
November 7, 2023 8:30 AM ESTASHKELON, Israel and VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) (CSE: BYND) (BYND Cannasoft or the Company), announced today a new plan of work that focuses on its proprietary CRM platform in an effort to help meet the increased demand for medical cannabis in Israel. Recent regulatory reforms approved by the Israeli Ministry of Healthi allows physicians to prescribe cannabis to patients as a first-line treatment rather than as an option of last resort. Israel has had a significant increase in... More
