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2024 Outlook
Based on management's best assessment of the environment today, the Company is updating its outlook for the full year 2024:
- Net revenues are expected to be in the range of $320 million to $340 million.
- Gross margin is expected to be in the mid-teens range.
- Operating expenses, excluding the $7.5 million expense related to the consumer class action settlement accrued in the first quarter of 2024, are expected to be in the range of $180 million to $190 million.
- Capital expenditures are expected to be in the range of $15 million to $20 million.
Posted In: BYND