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Beyond Meat, Inc. - $BYND STOCK NEWS

Welcome to our dedicated page for Beyond Meat news (Ticker: $BYND), a resource for investors and traders seeking the latest updates and insights on Beyond Meat stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Beyond Meat's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Beyond Meat's position in the market.

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Beyond Meat, Inc. reported its first quarter 2024 financial results, with net revenues of $75.6 million, an 18.0% decrease year-over-year. Gross profit was $3.7 million, with a 4.9% margin. Loss from operations was $53.5 million. The company reaffirmed its outlook for 2024, expecting net revenues of $315-$345 million and operating expenses of $170-$190 million.

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Beyond Meat® will be reporting its first-quarter 2024 financial results on May 8, 2024. The company, known for its plant-based meat products, will discuss the results in a conference call and live webcast.
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Beyond Meat, Inc. (NASDAQ: BYND) has launched the fourth generation Beyond Burger® and Beyond Beef®, offering 21g of plant-based protein and just 2g of saturated fat per serving. The products, made with avocado oil, are now available at grocery stores nationwide, including Walmart and Kroger. Consumer feedback has been positive, with a meatier flavor preferred over the previous version.
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Beyond Meat (BYND) introduces new plant-based Beyond Crumbles with improved nutrition, available in three flavors. The product is heart-healthy, certified by the American Heart Association and the American Diabetes Association. Beyond Meat continues to innovate with a focus on taste, health benefits, and clean ingredients.
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Beyond Meat (BYND) reported financial results for Q4 and full year 2023 with net revenues of $73.7 million and $343.4 million respectively, showing decreases year-over-year. Gross profit was a loss of $83.9 million in Q4. The company experienced a net loss of $155.1 million in Q4. Adjusted EBITDA was a loss of $125.1 million in Q4. The company aims to reduce operating expenses, improve margins, and strengthen its balance sheet in 2024.
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Beyond Meat, Inc. (NASDAQ: BYND) introduces the fourth generation of its core beef platform, Beyond IV, unveiling new Beyond Burger and Beyond Beef products made with avocado oil, offering heart-healthy fats, 21g of protein, and just 2g of saturated fat per serving. The products result from a multi-year research effort with medical and nutrition experts to meet top health standards, with reduced sodium and added nutrient-dense plant-based ingredients. Recognized by leading health organizations, the products are Clean Label Project Certified and nutritionist-approved, providing a healthier alternative to traditional beef.
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Beyond Meat, Inc. (BYND) will announce Q4 and full-year 2023 financial results on February 27, 2024. A conference call will follow the release, with a live webcast available on their website.
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2.46%
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Beyond Meat, Inc. (NASDAQ: BYND) reported Q3 2023 financial results with net revenues of $75.3 million, a decrease of 8.7% year-over-year. Gross profit was a loss of $7.3 million, with a net loss of $70.5 million. President and CEO Ethan Brown expressed confidence in the long-term trajectory of the business despite current headwinds.
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Beyond Meat, Inc. announced a business update, revealing select third quarter financial results. Net revenues are expected to be approximately $75 million, with a gross profit loss of around $7 million to $8 million. The company anticipates achieving positive free cash flow of about $7.6 million in Q3 2023. However, management does not expect to sustain free cash flow positive operations in Q4 2023. To improve cost structure, Beyond Meat plans to reduce non-production workforce by 19%, review pricing strategy, utilize inventory management, focus on revenue growth channels and geographies, and counter misinformation in the U.S. retail market.
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18.44%
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Madison Square Garden partners with Beyond Meat, making them the first-ever Official Plant-Based Meat Partner. Beyond Meat's products will be exclusively featured at the GO BEYOND® GRILL, a dedicated concession stand at Madison Square Garden. The partnership aims to meet the growing demand for nutritious and sustainable food options.
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Beyond Meat, Inc.

Nasdaq:BYND

BYND Rankings

BYND Stock Data

532.38M
61.55M
8.71%
38.55%
33.6%
Dog and Cat Food Manufacturing
Manufacturing
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United States of America
EL SEGUNDO

About BYND

beyond meat is planting the future of protein. we bypass the animal altogether and make delicious and nutritious products like chicken strips, burgers, and beef crumbles directly from plants. our products enable families to continue to eat what they love—like beef nachos, chili, pasta bolognese, and chicken fajitas—without the health and other downsides of animal protein. we are dedicated to positively impacting human health and the health of our world. beyond meat is available in whole foods, target, safeway, publix, walmart and 11,000 stores nationwide and sold through various food service distributors. for more info: ethanandteam@beyondmeat.com