10 Pg Business Management & Policy Paper

Forecasts of Beyond Meat Inc. are optimistic but slightly difficult for the second quarter of 2024. The company's total operating revenue is expected to decline by 8% in the current financial period. 8%, falling to $93. Reduced from $102 million, the projected funding now stands at $2 million. 1 million. This has been due to a decline in the number of units produced and a slight improvement due to an increased volume of 6. Five pence overall net revenue per pound is just a 1% uplift for every shop. The revenue decline can be explained by market trends influencing its performance and differences in consumption in different types of U. S. retail and food service and internationally.

Overall revenues are expected to increase marginally, from $228 million to $230 million for the year. In comparison, sales costs are also likely to rise slightly to $159 million, and gross profit is expected to grow by 191% to $13 million for the year. 7 million, with a gross margin of 14 percent, for the full year 2014. 7%, compared to $2. Three million and a two. 2% margin in the previous year, though the actual sales figures as reported were below the projection done by the company. These include increased efficiency in cost controls and operations, meaning that despite lesser sale volumes, there has been enhanced efficiency in managing costs. Selling general and administrative expenses are anticipated to reduce to $473000. Six million will enable the management of the company’s financial status, especially in controlling marketing and administrative costs.

The consolidated net income is expected to be a $34 5 million loss, up from $53. A net loss of $5 million in the prior year. This decrease in the net loss signifies the improvement of Beyond Meat’s operating position. EBITDA adjusted for that value is expected to be negative $23. 0 million, a decrease from the negative margin the previous year. Overall, Beyond Meat is heading towards optimizing operating costs and financial stability even if revenues are decreasing, which points to further advances toward achieving long-term profitability.

Beyond Meat Inc.: Operating Budget Projection Q3 2024

Category	Prior Quarter	Budget Projection	Next Quarter	Variance +/-	Variance %
Revenue
Sales Revenue	$93,185 million	$85,300 million	$85,300 million	$(7,885) million	-8.4%
TOTAL INCOME	$93,185 million	$85,300 million	$85,300 million	$(7,885) million	-8.4%
Costs and Expenses
Cost of Products	$79,485 million	$70,200 million	$70,200 million	$(9,285) million	-11.7%
Costs of Services	$6,110 million	$5,500 million	$5,500 million	$(610) million	-10.0%
G&A	$12,995 million	$12,000 million	$12,000 million	$(995) million	-7.7%
Interest and Debt	$1,990 million	$2,100 million	$2,100 million	$110 million	5.5%
Research and Development	$1,900 million	$1,600 million	$1,600 million	$(300) million	-15.8%
TOTAL EXPENSES	$47,600 million	$40,500 million	$40,500 million	$(7,100) million	-14.9%
NET PROFIT/LOSS	$45,585 million loss	$44,800 million loss	$44,800 million loss	$785 million	1.7%
Net Earnings Before Taxes	$(33.9) million	$(30.0) million	$(30.0) million	$3.9 million	11.5%
Income Tax Expense	$0.0	$0.0	$0.0	$0.0	0%
Net Earnings After Taxes	$(34.5) million	$(30.0) million	$(30.0) million	$4.5 million	13.0%

Ratio Analysis

Ratio	Current Value	Projected Value	Change
Gross Margin	14.7%	14.7%	0%
Operating Margin	-36.4%	-32.7%	+3.7%
Net Profit Margin	-37.0%	-32.7%	+4.3%
Earnings Per Share (EPS)	$(0.53)	$(0.43)	+$0.10
Gross Profit	$13.7 million	$12.6 million	$(1.1) million

References

Abraham, S. C. (2012). Strategic management for organizations [Electronic version]. Bridgepoint Education.

Beyond Meat Inc. (2024). Beyond Meat® Reports First Quarter 2024 Financial Results | Beyond Meat, Inc. Beyond Meat, Inc. https://investors.beyondmeat.com/news-releases/news-release-details/beyond-meatr-reports-first-quarter-2024-financial-results