Beyond Meat(BYND) - 2023 Q4 - Annual Results

Exhibit 99.1 For immediate release ® Beyond Meat Reports Fourth Quarter and Full Year 2023 Financial Results EL SEGUNDO, Calif. — February 27, 2024 (GLOBE NEWSWIRE)—Beyond Meat, Inc. (NASDAQ: BYND) ("Beyond Meat" or "the Company"), a leader in plant-based meat, today reported financial results for its fourth quarter and full year ended December 31, 2023. 1 Fourth Quarter 2023 Financial Highlights • Net revenues were $73.7 million, a decrease of 7.8% year-over-year. • Gross profit was a loss of $83.9 million ...