BEYOND MEAT INC
For the period ended Mar 30, 2024. Filed May 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 30, 2024 · Filed May 9, 2024
BYND$6.10+1.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except share and per share data)
| Three Months Ended | ||
|---|---|---|
| March 30,2024 | April 1,2023 | |
| Net revenues | $75,603 | $92,236 |
| Cost of goods sold | 71,935 | 86,051 |
| Gross profit | 3,668 | 6,185 |
| Research and development expenses | 9,860 | 12,432 |
| Selling, general and administrative expenses | 47,282 | 51,900 |
| Restructuring expenses | — | (426) |
| Total operating expenses | 57,142 | 63,906 |
| Loss from operations | (53,474) | (57,721) |
| Other (expense) income, net: | ||
| Interest expense | (1,015) | (989) |
| Other, net | 123 | 2,908 |
| Total other (expense) income, net | (892) | 1,919 |
| Loss before taxes | (54,366) | (55,802) |
| Income tax expense | 2 | — |
| Equity in (income) losses of unconsolidated joint venture | (7) | 3,235 |
| Net loss | $(54,361) | $(59,037) |
| Net loss per share available to common stockholders—basic and diluted | $(0.84) | $(0.92) |
| Weighted average common shares outstanding—basic and diluted | 64,702,249 | 64,004,894 |
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