Beyond Meat Q2 Earnings: What You Need To Know
Beyond Meat Q2 Earnings: What You Need To Know
Beyond Meat ended the quarter with $158 million in cash, cash equivalents and restricted cash. The company had total outstanding debt of $1.1 billion as of June 29.Beyond Meat Inc (NASDAQ:BYND) reported financial results for the second quarter after the close on Wednesday. Here's a look at the key metrics from the quarter.
Beyond Meat Inc（NASDAQ: BYND）周三收盘后公布了第二季度财务报告。以下是此季度的关键指标。
Q2 Earnings: Beyond Meat reported second-quarter revenue of $93.2 million, beating the consensus estimate of $87.81 million, according to Benzinga Pro. The plant-based meat company reported a second-quarter adjusted loss of 53 cents per share, missing estimates for a loss of 51 cents per share.
第二季度收入为9320万美元，超过Benzinga Pro的8781万美元的预期。这家人造肉公司报告称，第二季度调整后每股亏损53美分，未达到预期的每股亏损51美分。
Total revenues decreased 8.8% on a year-over-year basis. U.S. retail channel net revenues decreased 7.5% year-over-year and U.S. foodservice channel net revenues decreased 18.9%. International retail channel net revenues fell 12.1% year-over-year and international foodservice channel net revenues decreased 2.5%.
总营业收入同比下降8.8％。美国零售渠道净营业收入同比下降7.5％，美国餐饮渠道净营业收入同比下降18.9％。国际零售渠道净营业收入同比下降12.1％，国际餐饮渠道净营业收入同比下降2.5％。
Beyond Meat ended the quarter with $158 million in cash, cash equivalents and restricted cash. The company had total outstanding debt of $1.1 billion as of June 29.
Beyond Meat本季度以1.58亿美元的现金、现金等价物和受限制现金结束。截至6月29日，该公司的总未偿还债务为1.1亿美元。
"We are pleased to report a strong quarter of progress against our 2024 plan, a pivotal year on our path to sustainable operations and profitability," said Ethan Brown, president and CEO of Beyond Meat.
Beyond Meat的总裁兼首席执行官Ethan Brown表示：“我们很高兴地报告了实现我们2024年计划、走向可持续运营和盈利的重要一年的强劲进展。”
Outlook: Beyond Meat expects full-year 2024 revenue of $320 million to $340 million. Full-year gross margin is expected to be in the mid-teens range. For comparison, gross margin came in at 14.7% in the second quarter.
展望未来：Beyond Meat预计2024年全年营收将达到3.2亿至3.4亿美元。全年毛利率预计在中等水平区间。相比之下，第二季度毛利率为14.7％。
Management will hold a conference call to discuss these results at 5 p.m. ET.
管理层将于东部时间下午5点举行电话会议，讨论这些结果。
BYND Price Action: Beyond Meat shares were up 6.49% after hours at $5.58 at the time of publication, per Benzinga Pro.
BYND价格走势：根据Benzinga Pro，Beyond Meat股价在发布时的晚间上涨了6.49％至55.58美元。
Photo: Courtesy of Beyond Meat.
照片：Beyond Meat的礼貌。
