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.
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
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End-of-Day
-6.79%
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Rhea-AI Summary
Beyond Meat, Inc. will report financial results for Q2 2023 on August 7, 2023 after market close. The Company will host a conference call to discuss the results. Investors can participate in the live call or access the webcast on the Company's website.
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0.39%
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Beyond Meat expands distribution of Beyond Steak to include Whole Foods Market, Publix, Wegmans, Meijer, and Stater Bros. Markets. Beyond Steak is a plant-based meat product that has been receiving positive reviews for its taste and texture. It has 21 grams of protein, 1 gram of saturated fat, and 170 calories per serving. Beyond Steak is certified as a heart-healthy food by the American Heart Association and has also received Good Housekeeping's Nutritionist-Approved Emblem. The expansion of Beyond Steak follows the recent debut of the new iteration of Beyond Sausage, which is also receiving positive reviews.
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End-of-Day
4.04%
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Beyond Meat announces the launch of the newest iteration of Beyond Sausage, offering a juicier and meatier taste with 40% less saturated fat than leading pork sausage. The new version features an enhanced flavor profile and is available in three varieties. Beyond Sausage is the #1 selling plant-based meat brand in the refrigerated category and is now available at over 15,000 retail stores nationwide.
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Rhea-AI Sentiment
End-of-Day
12.6%
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Beyond Meat has filed a prospectus supplement with the SEC to offer and sell shares of its common stock with an aggregate offering price of up to $200.0 million. The net proceeds will be used for general corporate and working capital purposes. The timing and number of shares sold will depend on various factors. The shares will be offered through an equity distribution agreement with Goldman Sachs & Co. LLC.
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-18.27%
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Beyond Meat reports Q1 2023 financial results, with net revenues of $92.2 million, a decrease of 15.7% YoY. Gross profit was $6.2 million, or 6.7% of net revenues. Net loss was $59.0 million, compared to $100.5 million in the year-ago period. Adjusted EBITDA was a loss of $45.8 million, or -49.6% of net revenues.
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Rhea-AI Sentiment
End-of-Day
-18.27%
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Rhea-AI Summary
Beyond Meat's latest innovation, Beyond Steak, has been certified by the American Heart Association's Heart-Check Food Certification Program. Beyond Steak meets the association's nutrition criteria and is low in saturated and trans fats, cholesterol, and sodium. It contains 21g of protein and 170 calories per serving. Beyond Meat is committed to supporting research on the health benefits of plant-based meat.
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4.55%
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0.68%
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Beyond Meat, Inc.
Nasdaq:BYND
BYND Rankings
BYND Stock Data
470.13M
61.55M
8.71%
38.55%
33.6%
Dog and Cat Food Manufacturing
Manufacturing
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