secwatch.observer — SEC 8-K summary
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Issuer:     BEYOND MEAT, INC. (BYND)
CIK:        0001655210
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001655210-24-000114
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond Meat Q1 net revenues down 18% to $75.6M; net loss $54.4M
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- Net revenues $75.6M, down 18.0% YoY; gross margin 4.9% vs 6.7% a year ago.
- Net loss $54.4M ($0.84 per share); adjusted net loss $46.9M ($0.72 per share).
- Loss from operations $53.5M; adjusted loss $46.0M excluding $7.5M class action accrual.
- Adjusted EBITDA loss $32.9M (-43.5% of revenue), improved from -$45.8M a year ago.
- Began shipments of Beyond IV (4th-gen burger and beef); production insourcing progressing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655210/000165521024000114/0001655210-24-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655210/000165521024000114/bynd-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001655210-24-000114

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