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.
On January 19, 2021, Pollo Tropical launched new menu items, including the Vegan Picadillo made with Beyond Beef. The Vegan Picadillo is available in a Tropichop® or Wrap, featuring plant-based meat, peppers, and onions. Additionally, Pollo introduced the Balsamic Tomato Chicken, at only 180 calories for $4.99. These items complement the recently added Cuban Pressed Sandwiches. All new offerings are available for dine-in, curbside pick-up, and delivery through the MyPollo® app. Pollo Tropical is a subsidiary of Fiesta Restaurant Group, Inc. (NASDAQ: FRGI).
Beyond Meat announced a 12-year lease for a new nearly 300,000 square foot headquarters in El Segundo, California, designed to enhance its plant-based research capabilities. Anticipated to open in fall 2021, this state-of-the-art facility will support significant growth in research personnel and product lines. Equipped with advanced labs and incubators utilizing AI and machine learning, the campus aims to innovate in plant-based meat, aligning with the company's sustainability mission.
Beyond Meat is partnering with local restaurants in nine major U.S. cities to offer free breakfasts featuring its Beyond Breakfast Sausage®. The promotion starts on January 12, 2021, with consumers able to book pickups on January 14 from 25 locations nationwide. This initiative aims to promote healthier breakfast options and support small businesses. Beyond Meat emphasizes the health and environmental benefits of plant-based diets, with their products containing less fat and no GMOs or cholesterol.
Beyond Meat (NASDAQ: BYND) is set to launch two new versions of its Beyond Burger, which are designed to offer improved taste and nutritional benefits. The new burgers will have 35% and 55% less saturated fat compared to 80/20 beef, alongside fewer calories and lower overall fat content. An exclusive preview event will take place in Los Angeles from Nov. 18-20, ahead of a nationwide rollout in early 2021. Beyond Meat emphasizes its commitment to innovative plant-based products that cater to consumer demand for healthier and sustainable options.
Beyond Meat reported Q3 2020 net revenues of $94.4 million, a 2.7% increase year-over-year. Retail channel sales surged by 39% but were offset by a 41% decline in foodservice sales due to COVID-19. The gross profit stood at $25.5 million with a 27% gross margin. The company faced a $19.3 million net loss, or $0.31 per share. Adjusted net loss was $17.5 million, or $0.28 per share, reflecting ongoing pandemic impacts. Despite challenges, management remains focused on long-term growth opportunities and strategic investments.
Beyond Meat (NASDAQ: BYND) announced it will report its third-quarter results on November 9, 2020, after market close. A conference call to discuss the results is scheduled for 4:30 p.m. ET that day. Investors can join by calling 270-215-9602, with a replay available until November 23. Beyond Meat is recognized for its innovative plant-based meat products and has a significant presence, with availability in approximately 112,000 retail and foodservice outlets across 85 countries as of June 2020.
Beyond Meat has announced the launch of Beyond Breakfast Sausage Links, a new plant-based product designed to mimic traditional pork sausage. These links contain no GMOs, synthetic ingredients, or cholesterol, and have 40% less sodium than a leading brand. Retailing at $5.99 for eight links, the product will be available in various grocery stores nationwide. The company, which has seen significant growth, now offers its products in approximately 26,000 outlets across the U.S. Beyond Meat aims to meet the rising demand for plant-based breakfast options.
Beyond Meat is expanding its distribution of the Beyond Burger® to over 2,400 Walmart locations nationwide, tripling availability from approximately 800 stores. This expansion follows the successful launch of the Cookout Classic™ value pack and aims to enhance accessibility to plant-based products. Beyond Meat continues to lead in the refrigerated plant-based meat category, with products available at 112,000 retail and foodservice outlets in 85 countries. The Beyond Burger offers 20g protein, significantly lower saturated fat, and zero cholesterol.
Beyond Meat is expanding the availability of its Beyond Burger to over 2,400 Walmart locations, tripling its presence from approximately 800 stores. This increase follows the successful launch of the Cookout Classic™ value pack earlier this summer. Beyond Meat aims to enhance accessibility to plant-based meat products, responding to rising consumer demand. Currently, Beyond Meat products are available at around 112,000 retail and foodservice outlets across 85 countries. The Beyond Burger is noted for its 20g of protein and 35% less saturated fat than traditional beef.
Beyond Meat (NASDAQ: BYND) announced the expansion of its popular frozen Beyond Breakfast Sausage Patties to select Kroger, Super Target, Walmart, Publix, and Harris Teeter stores by the end of September.
With plant-based meat demand rising, Beyond Meat leads the refrigerated category, ranking as the #1 seller as of August 9, 2020. Each serving contains 11g of protein, 50% less total fat, and no GMOs or cholesterol. Beyond Meat aims to meet consumer demand for nutritious and sustainable protein options, continuing its growth trajectory with products available at 112,000 outlets across 85 countries.
