secwatch.observer — SEC 8-K summary
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Issuer:     BEYOND MEAT, INC. (BYND)
CIK:        0001655210
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001655210-24-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond Meat Q4 revenue down 7.8% to $73.7M; gross margin -113.8% on $78M non-cash charges
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- Net revenues $73.7M, down 7.8% YoY; gross loss $(83.9)M vs $(2.9)M a year ago.
- Gross margin -113.8% hit by $67.5M Global Operations Review charge and $10.5M other non-cash items.
- Net loss $155.1M ($2.40/sh) vs $66.9M ($1.05/sh) in prior-year quarter.
- Adjusted EBITDA loss $125.1M (-169.9% of revenues) vs loss $56.5M (-70.7%) YoY.
- Full-year 2023 net revenues $343.4M, down 18.0% YoY; net loss $338.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655210/000165521024000017/0001655210-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655210/000165521024000017/bynd-20240227.htm
  HTML page:      https://secwatch.observer/filing/0001655210-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer