BEYOND MEAT INC

For the period ended Jun 29, 2024. Filed Aug 8, 2024.

About this filing

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.

Jun 29, 2024 · Filed Aug 8, 2024

BYND$6.10+1.2%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except share and per share data)

	Three Months Ended		Six Months Ended
	June 29,2024	July 1,2023	June 29,2024	July 1,2023
Net revenues	$93,185	$102,149	$168,788	$194,385
Cost of goods sold	79,468	99,876	151,403	185,927
Gross profit	13,717	2,273	17,385	8,458
Research and development expenses	5,485	8,773	15,345	21,205
Selling, general and administrative expenses	42,163	47,455	89,445	99,355
Restructuring expenses	—	(201)	—	(627)
Total operating expenses	47,648	56,027	104,790	119,933
Loss from operations	(33,931)	(53,754)	(87,405)	(111,475)
Other (expense) income, net:
Interest expense	(1,029)	(989)	(2,044)	(1,978)
Other, net	477	1,746	600	4,654
Total other (expense) income, net	(552)	757	(1,444)	2,676
Loss before taxes	(34,483)	(52,997)	(88,849)	(108,799)
Income tax (benefit) expense	(34)	5	(32)	5
Equity in losses of unconsolidated joint venture	30	503	23	3,738
Net loss	$(34,479)	$(53,505)	$(88,840)	$(112,542)
Net loss per share available to common stockholders—basic and diluted	$(0.53)	$(0.83)	$(1.37)	$(1.76)
Weighted average common shares outstanding—basic and diluted	64,901,584	64,246,048	64,797,245	64,119,258

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.