Beyond Meat, Inc. (NASDAQ:BYND) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET

Company Participants

Lubi Kutua - Vice President of Financial Planning & Analysis & Investor Relations

Ethan Brown - Founder, President & Chief Executive Officer

Phil Hardin - Chief Financial Officer & Treasurer

Conference Call Participants

Alexia Howard - Bernstein

Peter Galbo - Bank of America

Adam Samuelson - Goldman Sachs

Ben Theurer - Barclays

Rupesh Paris - Oppenheimer

Robert Moskow - Credit Suisse

Ken Goldman - JPMorgan

Peter Saleh - BTIG

Cody Ross - UBS

Michael Lavery - Piper Sandler

Operator

Good day, and welcome to the Beyond Meat Conference Call. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Lubi Kutua. Please go ahead.

Lubi Kutua

Thank you. Good afternoon and welcome. Joining me on today's call are Ethan Brown, Founder, President and Chief Executive Officer and Phil Hardin, Chief Financial Officer and Treasurer.

By now, everyone should have access to the company's second quarter earnings press release filed today after market close. This document is available in the Investor Relations section of Beyond Meat's website at www.beyondmeat.com.

Before we begin, please note that all the information presented on today's call is un-audited. And during the course of this call, management may make forward-looking statements within the meaning of the federal securities laws.

These statements are based on management's current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially from those described in these forward-looking statements.

Forward-looking statements in the earnings release that we issued today, along with the comments on this call, are made only as of today and will not be updated as events unfold.

Please refer to today's press release, the company's annual report on Form 10-K for the year ended December 31st, 2021, the company's quarterly report on Form 10-Q for the quarter ended July 2nd, 2022 to be filed with the SEC, and other filings with the SEC for a detailed discussion of the risks that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today.

Please also note that on today's call, management may make reference to adjusted EBITDA, which is a non-GAAP financial measure. While we believe these non-GAAP financial measures provides useful information for investors, any reference to this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. Please refer to today's press release for a reconciliation of adjusted EBITDA to its most comparable GAAP measure.