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Beyond Meat | 8-K: Beyond Meat ® Reports Third Quarter 2024 Financial Results

Beyond Meat | 8-K: Beyond Meat ® Reports Third Quarter 2024 Financial Results

Beyond Meat | 8-K:Beyond Meat® 公布2024年第三季度财务业绩
美股SEC公告 ·  2024/11/07 05:14

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Beyond Meat reported Q3 2024 net revenues of $81.0 million, up 7.6% YoY, driven by a 15.8% increase in net revenue per pound despite a 7.1% volume decline. Gross profit improved significantly to $14.3 million with a 17.7% margin, compared to a loss in the year-ago period. Net loss narrowed to $26.6 million from $70.5 million last year.U.S. retail revenues grew 14.6% to $35.0 million, while U.S. foodservice increased 15.5% to $14.5 million. International retail rose 17.0% to $16.6 million, though international foodservice declined 17.2% to $15.0 million due to decreased sales to a major EU QSR customer.The company updated its 2024 outlook, projecting full-year revenues of $320-330 million and mid-teens gross margin. Management expects to increase cash reserves by year-end and pursue balance sheet restructuring in 2025.
Beyond Meat reported Q3 2024 net revenues of $81.0 million, up 7.6% YoY, driven by a 15.8% increase in net revenue per pound despite a 7.1% volume decline. Gross profit improved significantly to $14.3 million with a 17.7% margin, compared to a loss in the year-ago period. Net loss narrowed to $26.6 million from $70.5 million last year.U.S. retail revenues grew 14.6% to $35.0 million, while U.S. foodservice increased 15.5% to $14.5 million. International retail rose 17.0% to $16.6 million, though international foodservice declined 17.2% to $15.0 million due to decreased sales to a major EU QSR customer.The company updated its 2024 outlook, projecting full-year revenues of $320-330 million and mid-teens gross margin. Management expects to increase cash reserves by year-end and pursue balance sheet restructuring in 2025.
Beyond Meat报告2024年第三季度净营业收入为8100万美元,同比增长7.6%,这得益于每磅净营业收入增长15.8%,尽管成交量下降7.1%。毛利润显著改善至1430万美元,毛利率为17.7%,相比去年同期出现亏损。净亏损从去年的7050万美元缩减至2660万美元。美国零售收入增长14.6%至3500万美元,而美国食品服务收入增长15.5%至1450万美元。国际零售增长17.0%至1660万美元,尽管由于对某主要欧洲快餐客户的销售下降,国际食品服务收入下降17.2%至1500万美元。该公司更新了2024年的展望,预计全年营业收入将在32000万至33000万之间,毛利率为中Teen。管理层预计到年底将增加现金储备,并在2025年进行资产负债表重组。
Beyond Meat报告2024年第三季度净营业收入为8100万美元,同比增长7.6%,这得益于每磅净营业收入增长15.8%,尽管成交量下降7.1%。毛利润显著改善至1430万美元,毛利率为17.7%,相比去年同期出现亏损。净亏损从去年的7050万美元缩减至2660万美元。美国零售收入增长14.6%至3500万美元,而美国食品服务收入增长15.5%至1450万美元。国际零售增长17.0%至1660万美元,尽管由于对某主要欧洲快餐客户的销售下降,国际食品服务收入下降17.2%至1500万美元。该公司更新了2024年的展望,预计全年营业收入将在32000万至33000万之间,毛利率为中Teen。管理层预计到年底将增加现金储备,并在2025年进行资产负债表重组。
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