Beyond Meat (BYND) Revenue — Quarter Ended Jun 29, 2024
Revenue for the quarter increased from the prior quarter but decreased compared to the same period one year earlier.
Key takeaway
Quarter ended Jun 29, 2024 · FY2024 Q2
Revenue for the quarter increased from the prior quarter but decreased compared to the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$93.2M
Revenue reported for this quarter.
Quarter-over-quarter
+23.3%
Change from the immediately preceding quarter.
Year-over-year
-8.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$317.8M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $75.3M | -8.7% |
| Dec 31, 2023 | $73.7M | -7.8% |
| Mar 30, 2024 | $75.6M | -18.0% |
| Jun 29, 2024 | $93.2M | -8.8% |
Revenue performance
The sequential growth reversed the prior quarter's decline, while the year-over-year drop continued a multi-quarter trend.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose; compared with the same quarter one year earlier, it fell.
What to watch
The filing discusses risk factors such as inflation and higher interest rates, and the company has an active at-the-market equity offering program.