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Beyond Meat (BYND) Q1 2025 net loss narrows; revenue down 9%

by TheAdviserMagazine
6 months ago
in Markets
Reading Time: 2 mins read
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Beyond Meat (BYND) Q1 2025 net loss narrows; revenue down 9%
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Beyond Meat, Inc. (NASDAQ: BYND), which provides plant-based meat products, on Thursday reported a narrower net loss for the first quarter of 2025 when its revenue declined.

Beyond Meat (BYND) Q1 2025 net loss narrows; revenue down 9%

The company reported net revenues of $68.7 million for the first quarter, down 9% year-over-year. US Retail sales, which account for nearly 50% of total revenues, dropped 15% year-over-year.

First-quarter net loss was $52.9 million or $0.69 per share, compared to a loss of $54.4 million or $0.84 per share in the year-ago period. Adjusted EBITDA was a loss of $42.3 million in the March quarter.

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