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Course Content / Module 5 / Module 5 Homework #1 Analyzing Segment Revenue Disclosures from Quarterly Data Beyond Meat disclosed the following in its Form
Course Content / Module 5 / Module 5 Homework #1 Analyzing Segment Revenue Disclosures from Quarterly Data Beyond Meat disclosed the following in its Form 10-Q for the first quarter ended March 30, 2019. The company had its initial public offering (IPO) in May 2019. The Company's net revenues by platform and channel are included in the tables below: March 30, For Three Months Ended (in thousands) 2019 Net revenues Fresh platform Frozen platform Less: discounts Net revenues March 31, 2018 $36,090 $9,596 4,512 4,416 (2,894) (1,568) $37,708 $12,444 Module 5 Homework #1 March 30, March 31, For Three Months Ended (in thousands) 2019 2018 Net revenues Retail $18,525 $8,956 Restaurant and food service 19,183 3,488 Net revenues $37,708 $12,444 Two distributors each accounted for approximately 21% of the Company's gross revenues in the three months ended March 30, 2019; and three distributors accounte 11%, respectively, of the Company's gross revenues in the three months ended March 31, 208.
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