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Beyond Meat® to Report Fourth Quarter and Full Year 2024 Financial Results on February 26, 2025
GlobeNewswire· 2025-02-12 21:05
EL SEGUNDO, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, announced today it will report financial results for the fourth quarter and full year ended December 31, 2024 on Wednesday, February 26, 2025 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 interested in participating in the live call can dial 412-902-4255. There will be a ...
Beyond Meat Unveils Expanded Line of Beyond Steak®, One of the Fastest Growing and Top Selling Plant-Based Meat Products on the Market (1)
Newsfilter· 2025-02-06 14:00
Core Insights - Beyond Meat has expanded its product line with two new flavors of Beyond Steak: Chimichurri and Korean BBQ-Style, which are pre-seasoned and designed for convenience while maintaining a meaty taste [1][2][3] Product Details - The new Beyond Steak varieties contain 20g of plant-based protein per serving, only 1g of saturated fat, and no cholesterol, making them heart-healthy options certified by the American Heart Association and the American Diabetes Association [1][2][4] - The original Beyond Steak is recognized as one of the top-selling plant-based meat products, praised for its taste and texture, appealing to consumers looking to reduce saturated fat and cholesterol in their diets [3][4] Market Availability - The new Beyond Steak flavors are available in the freezer aisle at Sprouts Farmers Market stores nationwide, while the original Beyond Steak can be found at major retailers [5] Company Background - Beyond Meat, founded in 2009, focuses on creating plant-based meats that replicate the taste and texture of animal-based products, aiming to address health, environmental, and animal welfare issues [6]
Global Healthy Foods Market to Reach USD 2,264.1 Billion by 2035, Growing at a 9.7% CAGR | Future Market Insights, Inc.
Newsfilter· 2025-02-06 00:30
NEWARK, Del:, Feb. 05, 2025 (GLOBE NEWSWIRE) -- The global healthy foods market is projected to reach USD 897.0 billion by 2025 and is expected to expand at a CAGR of 9.7%, reaching USD 2,264.1 billion by 2035. The healthy foods market includes food and beverage products that offer nutritional benefits beyond basic sustenance, promoting overall health and well-being. These products are often organic, natural, free from artificial additives, and rich in essential nutrients such as vitamins, minerals, fiber, ...
Why Beyond Meat Stock Sank 24.5% in December
The Motley Fool· 2025-01-07 05:01
Stock Performance - Beyond Meat shares fell 24.5% in December, contributing to a 98% decline from its all-time highs [1] - The stock is heavily shorted, with an estimated short interest of close to 50% [4] Financial Performance - Revenue reached $450 million in 2022 but has since shrunk due to fading hype and backlash against its ingredients list [2] - Revenue was up slightly last quarter but remains significantly down compared to its all-time high [3] - The company has never generated a profit and continues to burn over $100 million in free cash flow annually [3][5] - Gross margin is weak at just 17.7% [5] Market Position and Challenges - Beyond Meat aimed to persuade meat eaters to switch to plant-based alternatives but has struggled as interest in plant-based meat wanes [2][4] - The company has made some progress in reducing losses but still faces stagnating revenue and negative free cash flow [3][5] Investment Outlook - Despite being a leading brand in its space with a market cap of $250 million, the company's inability to generate profit and weak growth prospects make a turnaround unlikely [5][6] - The stock is not recommended for investment due to its persistent losses and lack of value generation for shareholders [6]
3 Meat Stocks to Watch Amid Emerging Industry Opportunities
ZACKS· 2024-12-24 15:05
The rising consumer demand for protein-rich products, driven by a growing emphasis on health and wellness, has created favorable conditions for the Zacks Food – Meat Products industry. Companies in this space have adapted to these trends by broadening their product portfolios, increasing production capacity and investing in plant-based meat alternatives.Despite challenges, including higher input costs and increased operational expenses, Tyson Foods, Inc. (TSN) , Pilgrim's Pride Corporation (PPC) and Beyond ...
Beyond Meat® Releases 2023 ESG Report and LCA Study that Estimates Environmental Benefits of Beyond Steak® Plant-Based Seared Tips When Compared to Pre-Cooked Beef-Based Steak Tips
GlobeNewswire· 2024-12-20 21:45
EL SEGUNDO, Calif., Dec. 20, 2024 (GLOBE NEWSWIRE) -- With a mission to positively impact human health, climate change, constraints on natural resources and animal welfare, Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, today released its 2023 ESG Report and announced its Beyond Steak life cycle assessment (LCA) study. Beyond Meat’s 2023 ESG Report covers topics such as health and nutrition, human capital, governance and climate management. The company has expanded its disclosures on clima ...
3 Stocks That Never Lived Up to the Hype
MarketBeat· 2024-11-29 12:30
The allure of quick riches often leads investors down unpredictable and volatile paths. While offering the potential for rapid gains, these investments also carry substantial risk. The biggest risk? A dramatic and permanent decline in stock price due to unmet expectations. Get Beyond Meat alerts:Understanding the Drivers of Overvaluation Before examining specific cases, it's crucial to understand the factors that can contribute to inflated market expectations. Overly optimistic projections by company leader ...
Beyond Meat: Despite Signs Of Near-Term Stabilization, This Brand Isn't Headed Anywhere
Seeking Alpha· 2024-11-21 11:43
Sometimes, good ideas fail at being good businesses, and tough economic times expose that harsh reality quicker than others. Amid sky-high stock markets, we have to be careful to prune these names out of our portfolios.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking ...
Beyond Sun Sausage™ Expands to Whole Foods Market
GlobeNewswire News Room· 2024-11-14 14:05
Following a successful initial launch, Beyond Meat’s healthy, flavor-forward plant-based links are debuting at Whole Foods Market stores coast-to-coast Beyond Sun Sausage is filled with wholesome ingredients from legumes and vegetables and offers 12g of clean protein per link with 1g of saturated fat, meeting the rigorous nutritional guidelines of the American Heart Association’s Heart-Check program and the American Diabetes Association's Better Choices for Life program EL SEGUNDO, Calif., Nov. 14, 2024 (GL ...
Why Beyond Meat Stock Was Sliding Today
The Motley Fool· 2024-11-07 17:52
Shares of the alternative meat company are still losing money.Shares of Beyond Meat (BYND -10.49%) continued to struggle in the third quarter, as the plant-based meat producer posted disappointing bottom-line results, though it did return to top-line growth.As of 11:51 a.m. ET, the stock was down 10.6% on the news. Beyond Meat improves, but losses are still mountingIt was the first quarter of revenue growth for the plant-based meat company in three years, as the top line increased 7.6% to $81 million, which ...