NASDAQ$BYND
Beyond Meat Inc. · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Reported financial results for the fourth quarter and full year 2019.
Beyond Meat reported strong fourth quarter and full-year 2019 results, with net revenues increasing by 212% year-over-year to $98.5 million in Q4. The company's gross profit improved to $33.5 million, representing a 34.0% gross margin. For the full year, net revenues increased by 239% to $297.9 million.
- Net revenues increased 212% year-over-year to $98.5 million in the fourth quarter of 2019.
- Gross profit improved to $33.5 million, or 34.0% of net revenues, in the fourth quarter of 2019.
- Net loss was $0.5 million, or $0.01 per common share, in the fourth quarter of 2019.
- Adjusted EBITDA was $9.5 million in the fourth quarter of 2019.
Headline financials
Revenue & EPS history
Beyond Meat · Revenue · Quarterly
$98.5M
Revenue by segment
Beyond Meat · $98.5M total across 2 segments · Q4 2019
- U.S. Foodservice$57.8M—58.7%
- U.S. Retail$40.6M—41.3%
Forward guidance
For the full year 2020, the Company expects net revenues in the range of $490 million to $510 million, gross margin in the range of 33% to 35%, and Adjusted EBITDA as a % of net revenues approximately equivalent to 2019 levels.
Tailwinds
- Net revenues in the range of $490 million to $510 million, an increase of 64% to 71% from 2019
- Gross margin in the range of 33% to 35%
- Adjusted EBITDA as a % of net revenues approximately equivalent to 2019 levels
- Prioritizing aggressive growth
- Accelerating global expansion plans
Headwinds
- The Company’s 2020 Outlook is based on a number of assumptions that are subject to change and many of which are outside the control of the Company.
- If actual results vary from these assumptions, the Company’s expectations may change.
- There can be no assurance that the Company will achieve these results.
- The Company does not provide guidance for net income, the most directly comparable GAAP measure
- The unavailability of reliable estimates for certain items
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
-2.0%
Avg return
Earnings day
-0.6%
Avg return
5 days after
-2.0%
Avg return
30 days after
38%
12 / 32 earnings
Positive
+35.1%
Q1 2019
Best reaction
-20.3%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -14.2% | -23.7% | -32.0% | |
| Q4 2025 | +3.2% | +25.2% | +38.8% | |
| Q3 2025 | -9.8% | -19.4% | -11.9% | |
| Q1 2025 | -8.7% | -1.2% | +30.7% | |
| Q4 2024 | -10.7% | -9.3% | -11.8% | |
| Q3 2024 | -8.5% | -17.4% | -28.7% | |
| Q2 2024 | +23.2% | +11.3% | +11.7% | |
| Q1 2024 | -15.1% | -3.9% | -8.3% | |
| Q4 2023 | +31.9% | +31.1% | +11.1% | |
| Q3 2023 | -2.6% | -8.3% | +30.4% | |
| Q2 2023 | -16.8% | -17.5% | -27.3% | |
| Q1 2023 | -16.7% | -12.7% | -1.5% | |
| Q4 2022 | +10.4% | +4.3% | -4.9% | |
| Q3 2022 | +9.1% | +19.4% | +14.2% | |
| Q2 2022 | +12.4% | +8.8% | -31.2% | |
| Q1 2022 | -17.4% | -10.3% | -24.7% | |
| Q4 2021 | -6.1% | +0.0% | +2.6% | |
| Q3 2021 | -16.4% | -14.5% | -34.2% | |
| Q2 2021 | +0.9% | +3.1% | -6.4% | |
| Q1 2021 | -8.9% | -9.8% | +19.7% | |
| Q4 2020 | -4.3% | -8.1% | -14.7% | |
| Q3 2020 | -20.3% | -20.5% | -12.7% | |
| Q2 2020 | -1.2% | -2.1% | -3.4% | |
| Q1 2020 | +32.6% | +40.3% | +43.4% | |
| Q4 2019 | -20.3% | -15.2% | -41.2% | |
| Q3 2018 | +2.9% | +5.2% | -2.0% | |
| Q3 2019 | -18.7% | -18.7% | -19.0% | |
| Q2 2018 | -17.1% | -24.6% | -31.8% | |
| Q2 2019 | -17.1% | -24.6% | -31.8% | |
| Q1 2018 | +12.2% | +34.8% | +32.3% | |
| Q4 2018 | +12.2% | +34.8% | +32.3% | |
| Q1 2019 | +35.1% | +22.8% | +48.8% | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro