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.
Beyond Meat, Inc. (BYND) is a leader in plant-based protein innovation, creating sustainable alternatives to animal meat through advanced food technology. This page serves as your centralized hub for all official company announcements, financial updates, and industry-related developments.
Investors and industry observers will find timely access to earnings reports, product launches, and strategic partnerships, along with analysis of BYND's role in the evolving alternative protein market. The curated collection includes press releases on manufacturing expansions, retail distribution updates, and sustainability initiatives that align with the company's mission.
Content is organized to highlight key business milestones, including innovations in plant-based meat formulations, foodservice channel developments, and nutritional advancements. Visitors can track BYND's progress in making plant-based proteins more accessible through major grocery retailers and restaurant partnerships worldwide.
Bookmark this page for streamlined access to Beyond Meat's official communications. Check regularly for updates on how the company continues to redefine protein consumption through science-driven solutions and environmentally conscious practices.
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 A simultaneous webcast will be available on the Investors section of Beyond Meat's website, with an archived version accessible afterward.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.
Beyond Meat (NASDAQ: BYND) has scheduled its third quarter 2024 financial results announcement for November 6, 2024, after market close. The company will host a conference call at 5:00 p.m. Eastern time to discuss the results. Investors can participate by dialing 412-902-4255, and a simultaneous webcast will be available on the company's investor relations website.
Beyond Meat (NASDAQ: BYND) reported Q2 2024 financial results with net revenues of $93.2 million, down 8.8% year-over-year. The company saw a gross profit of $13.7 million (14.7% margin) and a net loss of $34.5 million ($0.53 per share). Despite the revenue decline, Beyond Meat improved its gross margin and reduced operating losses compared to Q2 2023.
Key highlights include:
- U.S. retail channel revenues decreased 7.5% to $44.9 million
- International retail channel revenues fell 12.1% to $17.6 million
- Adjusted EBITDA loss improved to $23.0 million (-24.7% of net revenues)
- Cash and cash equivalents balance was $158.0 million as of June 29, 2024
The company updated its 2024 outlook, projecting net revenues between $320-$340 million and gross margin in the mid-teens range.
Beyond Meat (NASDAQ: BYND), a leader in plant-based meat, has announced it will report its second quarter 2024 financial results on August 7, 2024 after market close. The company will host a conference call to discuss these results at 5:00 p.m. Eastern, 2:00 p.m. Pacific. Investors can participate in the live call by dialing 412-902-4255. Additionally, a live webcast will be available on the Investors section of Beyond Meat's website at www.beyondmeat.com. The webcast will also be archived for future reference.
