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Beyond Meat Inc - BYND STOCK NEWS

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

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.

News
Beyond IV, the Fourth Generation of the Beyond Burger® and Beyond Beef®, Debuts at Grocery Stores Across the U.S. Including at Walmart and Kroger
Rhea-AI Summary
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® Unveils New and Expanded Line of Beyond Crumbles, Now Certified by the American Heart Association’s Heart-Check Program and the American Diabetes Association’s Better Choices for Life Program
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
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Beyond Meat® Reports Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
30.72%
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earnings
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Beyond Meat® Unveils Its Beyond IV Platform, the Fourth Generation of the Beyond Burger® and Beyond Beef®, With Significant Advancements Across Taste, Health and Clean Label
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
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Beyond Meat® to Report Fourth Quarter and Full Year 2023 Financial Results on February 27, 2024
Rhea-AI Summary
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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Rhea-AI Sentiment
End-of-Day
2.46%
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Beyond Meat® Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.57%
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earnings
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Beyond Meat® Provides Select Third Quarter Financial Results, Revises 2023 Full Year Outlook, and Plans for Expense Reductions
Rhea-AI Summary
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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Rhea-AI Sentiment
End-of-Day
18.44%
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earnings
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BEYOND MEAT® NAMED FIRST-EVER OFFICIAL PLANT-BASED MEAT PARTNER OF MADISON SQUARE GARDEN, NEW YORK KNICKS AND NEW YORK RANGERS
Rhea-AI Summary
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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Rhea-AI Sentiment
End-of-Day
-5.88%
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Beyond Meat® Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
Beyond Meat reports Q2 2023 financial results, with net revenues of $102.1 million, a decrease of 30.5% YoY. Gross profit was $2.3 million, or 2.2% of net revenues. Net loss was $53.5 million, or $0.83 per common share. Adjusted EBITDA was a loss of $40.8 million, or -40.0% of net revenues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.27%
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earnings
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Beyond Meat® Debuts Beyond Stack Burger™, the Brand’s Newest Product Innovation, at Select Kroger Stores Nationwide
Rhea-AI Summary
Beyond Meat, Inc. (NASDAQ: BYND) has announced the expansion of its burger portfolio with the debut of its new product, the Beyond Stack Burger. This new patty is designed to closely resemble the taste and texture of beef and is perfect for single, double, and triple stacked burgers. The Beyond Stack Burger is being introduced as smash-style burgers have grown in popularity, and it complements the recent launch of the Beyond Smashable Burger in foodservice. Early reviews praise the new burger for being juicy, having a delicate crumble that resembles beef, and being crispy on the outside. The Beyond Stack Burger is customizable, easy to cook, and can be enjoyed as a single patty or stacked multiple patties high. It is a better-for-you option with no added antibiotics or hormones, no GMOs, and 35% less saturated fat than an 80/20 beef burger with 0 mg of cholesterol per serving.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.79%
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Stock BYND logo
Beyond Meat Inc

Nasdaq:BYND

BYND Rankings

#3148 Ranked by Market Cap
#4949 Ranked by Stock Gains
N/A Ranked by Dividends

BYND Stock Data

430.57M
61.55M
8.71%
38.55%
33.6%
Dog and Cat Food Manufacturing
Manufacturing
Link
US
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