Beyond does better, not great in 3Q results

Beyond Meat reported a year-over-year increase in net revenues in its third fiscal quarter, ended in September, its first such positive move in the top line in two and a half years — but still recorded an operating loss for the period, albeit one that was less than half of the loss recorded for the same period in 2023.

“We returned to growth, continued our gross margin expansion, and reduced operating expenses to their lowest…