Exhibit 99.1
beyondmeat2crgb02.jpg

For immediate release

Beyond Meat® Reports First Quarter 2019 Financial Results

Net Revenues Increase 215% Year-Over-Year to $40.2 Million
Company Provides Full Year 2019 Outlook

EL SEGUNDO, Calif.—June 6, 2019 (GLOBE NEWSWIRE)
—Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its first quarter ended March 30, 2019.
First Quarter 2019 Financial Highlights Compared to Prior Year Period
Net revenues were $40.2 million, an increase of 215%;
Net loss was $6.6 million, or a loss of $0.95 per common share, compared to net loss of $5.7 million, or a loss of $0.98 per common share in the year-ago period; Pro forma basic and diluted net loss per common share, which is a non-GAAP financial measure, was $0.14 per common share in the first quarter of 2019 compared to $0.13 per common share in the year-ago period; and
Adjusted EBITDA, which is a non-GAAP financial measure, was a loss of $2.1 million compared to a loss of $4.3 million in the year-ago period.
See “Non-GAAP Financial Measures” below for how Beyond Meat defines Adjusted EBITDA and Pro forma basic and diluted net loss per common share and the financial tables that accompany this release for a reconciliation of these measures to the closest comparable GAAP measures.


The following information was filed by Beyond Meat, Inc. (BYND) on Thursday, June 6, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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