Perfil de la Empresa: BEYOND MEAT, INC. ofrece hamburguesas a base de plantas. La Empresa ofrece sus productos en una variedad de categorías, tales como The Beyond Burger, Beyond Sausage, Beyond Beef Crumbles y Beyond Chicken Strips. La Empresa vende una gama de productos vegetales en las tres plataformas cárnicas principales de carne de vacuno, cerdo y aves. Ofrece Beyond Mushroom Bacon Cheeseburger, Chef Spike's Original Brat, Roasted Garlic & Italian Sausage Pasta, Beyond Beef Tacos y April Ross' Butternut Squash Mac-N-Cheese. Además, la Empresa ofrece Beyond Spring Burger, Beyond Nacho Burger, Beyond Sausage Stuffed Peppers, Tuscan Style Beyond Sausage Pasta, Beyond Brat Breakfast Burrito, Beyond Beef Fiesta Power Bowl, Beyond Beef Nachos, Truffle Mac & Cheese Beyond Burger, Love & Lemons Guacamole Beyond Burger y Beyond Burger Tostada With Marinated Kale.
Comentarios: Beyond Meat está rompiendo su canal bajista de medio plazo. Se encuentra justo en la rotura y realizará un Pull-Back que el punto importante a vigilar sería los 90 dólares que no debe perder para confirmar su rotura e inicio alcista para medio o posible largo plazo. Tiene un posible objetivo sobre los 250 dólares.
Los datos fundamentales indica un PER negativo por los resultados, tiene una deuda total de 4% y su ratio de solvencia 5. Mi ratio potencial sale 17 indicando crecimiento económico.
Conclusión: Interesante valor para tomar posiciones alcistas mediante este Pull-Back o primera pauta de continuidad. Siempre vigilar el punto importante.
Disclaimer de Contenido
Las inversiones en bolsa son de alto riesgo y se puede perder el capital que se vaya a invertir. El usuario debe tener el conocimiento suficiente del funcionamiento y del riesgo de los productos de inversión que vaya a utilizar. Las ideas o análisis no garantiza rentabilidades en las inversiones, ni tampoco garantiza la ausencia de pérdidas que el usuario realice.
EL SEGUNDO, Calif., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its third quarter ended September 26, 2020.
Third Quarter 2020 Financial Highlights1
Net revenues were $94.4 million, an increase of 2.7% year-over-year.
Gross profit was $25.5 million, or gross margin of 27.0% of net revenues; Adjusted gross profit was $27.3 million, or Adjusted gross margin of 28.9% of net revenues, reflecting exclusion of expenses attributable to COVID-19.
Net loss was $19.3 million, or $0.31 per common share; Adjusted net loss was $17.5 million, or $0.28 per common share, reflecting exclusion of expenses attributable to COVID-19.
Adjusted EBITDA was a loss of $4.3 million, or -4.5% of net revenues.
Beyond Meat President and CEO Ethan Brown commented, "Our financial results reflect a quarter where for the first time since the pandemic began, we experienced the full brunt and unpredictability of COVID-19 on our net revenues and accordingly, throughout our P&L. Unlike the second quarter where record retail buying and freezer loading by consumers offset the deterioration of our foodservice business as COVID-19 stay-at-home and related measures set in, the long tail of retail stockpiling by consumers, coupled with continued challenges across the majority of our foodservice customers, led to Q3 results that were lower than we expected."
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1 This release includes references to non-GAAP financial measures. Refer to “Non-GAAP Financial Measures” later in this release for the definitions of the non-GAAP financial measures presented and a reconciliation of these measures to their closest comparable GAAP measures.
Brown added, "We have not, however, blinked in our focus on the expanding long-term opportunity before us and continue to operate our business locked in on this exciting long-term growth trajectory. Rather than curtail activities in reaction to transitory macroeconomic conditions, we continue to invest in the pillars of our future growth, and in capabilities, infrastructure, and markets that support our global vision and provide the highest long-term return to our investors. Even as the pandemic has created significant disruption, we continue to see strong growth in critically important metrics of household penetration, buyer rates, purchase frequency and repeat rates; our brand’s sales growth continues to outpace the category; and during the quarter we saw our year-over-year velocities rise even as we grew distribution. Over the course of the quarter, we further invested in personnel and plants in the E.U. and China; worked towards the completion of our acquisition of our new plant in Pennsylvania that will support integrated production; brought new innovation to market; readied our next iteration of the Beyond Burger; and continued to develop products for our strategic Quick Serve Restaurant partners. These initiatives brought expense during a period of disruption to our top-line, but we are confident in our belief that they will deliver strong long-term gains in enterprise value. While we expect the near-term outlook to continue to be shaped by COVID-19, we continue to build the team, assets, market presence, and technology to realize the full potential of Beyond Meat as a significant and lasting global protein company."
Third Quarter 2020
Net revenues increased 2.7% to $94.4 million in the third quarter of 2020, compared to $92.0 million in the year-ago period. Growth in net revenues was primarily due to increased retail channel sales, largely offset by a decline in foodservice channel sales due to the continued impact of COVID-19 on foodservice demand levels. In addition, during the third quarter of 2020, retail channel net revenues were negatively impacted by a surge in retail consumer demand in the second quarter of 2020 due to the onset of the COVID-19 pandemic, which resulted in consumer freezer loading and, in turn, contributed to sequentially weaker demand in the third quarter of 2020. Growth in volume sold during the third quarter of 2020 was partially offset by lower net price per pound driven by the Company’s strategic investments in promotional activity intended to encourage greater consumer trial and adoption, and, to a lesser extent, product mix shifts as larger-pack items carrying a lower net price per unit volume accounted for a greater proportion of the Company's retail net revenues compared to the year-ago period.
