Beyond Meat Stock Price, News & Analysis

Beyond Meat (NASDAQ: BYND) reported challenging Q1 2025 results with net revenues declining 9.1% to $68.7 million. The company posted a gross loss of $1.1 million and a net loss of $52.9 million. Key developments include securing a $100 million new senior secured financing from Ahimsa Foundation's affiliate. U.S. retail channel revenues fell 15.4%, while U.S. foodservice decreased 23.5%. International performance showed mixed results with retail up 0.8% and foodservice growing 12.1%. The company faces ongoing challenges with weak category demand and macroeconomic uncertainties, leading to withdrawal of its full-year 2025 guidance. Q2 2025 revenue is projected between $80-85 million. Management aims to achieve EBITDA-positive operations by year-end 2026 through cost-saving initiatives.

Beyond Meat (NASDAQ: BYND) has announced the nationwide launch of Beyond Chicken Pieces at over 1,900 Kroger stores across the US. The new product offers 21g of plant protein per serving and is made with heart-healthy avocado oil. Key features include only 0.5g saturated fat, no cholesterol, no GMOs, and no added hormones or antibiotics.

The product has received certifications from notable organizations including the American Heart Association's Heart-Check program, the American Diabetes Association's Better Choices for Life program, and the Clean Label Project. Additionally, Beyond Meat has partnered with the National Basketball Players Association to release a free digital cookbook called "GO BEYOND THE BUZZER," featuring recipes from NBA athletes using Beyond Meat products.

Beyond Meat (NASDAQ: BYND), a leader in plant-based meat, has scheduled its first quarter 2025 financial results announcement for May 7, 2025 after market close. The earnings report will cover the financial period ended March 29, 2025.

The company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) to discuss the results. Investors can participate in the live call by dialing 412-902-4255. A simultaneous webcast will be available on the Investors section of Beyond Meat's website, with an archived version accessible afterward.

Beyond Meat (NASDAQ: BYND) reported Q4 2024 financial results showing signs of improvement with a 4.0% year-over-year revenue increase to $76.7 million and gross margin of 13.1%. The company's net loss narrowed to $44.9 million ($0.65 per share) from $155.1 million in Q4 2023.

For full-year 2024, revenues declined 4.9% to $326.5 million, while net loss improved to $160.3 million from $338.1 million in 2023. The company announced a restructuring plan including a 17% reduction in non-production workforce and suspension of operations in China by Q2 2025.

Looking ahead to 2025, Beyond Meat projects revenues of $320-335 million, targets gross margin of approximately 20%, and aims to achieve EBITDA-positive run-rate by end of 2026. The restructuring is expected to generate $5.5-6.5 million in cash compensation savings in 2025.

Beyond Meat (NASDAQ: BYND) has announced it will release its fourth quarter and full year 2024 financial results on Wednesday, February 26, 2025, after market close. The company will host a conference call at 5:00 p.m. Eastern time (2:00 p.m. Pacific) to discuss the results. Investors can participate in the live call by dialing 412-902-4255. A simultaneous webcast will be available on the Investors section of Beyond Meat's website, which will also be archived for later viewing.

Beyond Meat (NASDAQ: BYND) has expanded its Beyond Steak product line with two new pre-seasoned varieties: Beyond Steak Chimichurri and Beyond Steak Korean BBQ-Style. These new products are now available at Sprouts Farmers Market stores nationwide.

The new offerings maintain the same nutritional profile as the original Beyond Steak, featuring 20g of plant-based protein per serving with only 1g of saturated fat and no cholesterol. Both varieties are certified by the American Heart Association's Heart-Check program and the American Diabetes Association's Better Choices for Life program, and are Non-GMO Project verified.

This launch follows the company's recent introduction of renovated Beyond IV products (Beyond Burger, Beyond Beef, and Beyond Sausage) made with avocado oil, and the new Beyond Sun Sausage line.

Beyond Meat (NASDAQ: BYND) has released its 2023 ESG Report and Life Cycle Assessment (LCA) study for Beyond Steak, highlighting significant environmental benefits compared to pre-cooked beef-based steak tips. The study, which underwent third-party review and followed ISO recommendations, reveals that Beyond Steak generates 84% less greenhouse gas emissions, requires 93% less water, 88% less land use, and 65% less non-renewable energy.

The report includes expanded disclosures on climate management, including corporate-level GHG inventory across Scope 1, 2, and 3 emissions, and climate-related financial risk assessment. New impact attributes show Beyond Steak creates 94% less terrestrial acidification, 95% less marine eutrophication, and 77% less freshwater eutrophication compared to beef alternatives. Beyond Steak also meets the American Heart Association's Heart-Check Mark criteria.

Beyond Meat (NASDAQ: BYND) announces the nationwide rollout of Beyond Sun Sausage™ at Whole Foods Market stores following a successful July launch. The product line, available in Pesto and Cajun flavors, has become a top-selling new plant-based meat in natural grocery retailers. Unlike Beyond Meat's core products, it's not designed to replicate traditional meats. Each link contains 12g of protein from pea, brown rice, and red lentil proteins, with only 1g of saturated fat. The product has earned certifications from the American Heart Association's Heart-Check program and the American Diabetes Association's Better Choices for Life program.

Beyond Meat (NASDAQ: BYND) reported its Q3 2024 financial results with net revenues of $81.0 million, a 7.6% increase year-over-year. The gross profit was $14.3 million, marking a significant improvement from a loss of $7.3 million a year ago. Net loss decreased to $26.6 million from $70.5 million, while adjusted EBITDA loss improved to $19.8 million from $57.5 million. U.S. retail and foodservice channels saw revenue increases of 14.6% and 15.5%, respectively. However, international foodservice revenue declined by 17.2%. Operating expenses were reduced to $45.2 million from $62.4 million. The company expects 2024 net revenues to be between $320 million and $330 million, with a gross margin in the mid-teens. As of September 28, 2024, cash and cash equivalents were $134.9 million, with total debt at $1.1 billion.