CHICAGO, ILLINOIS - FEBRUARY 29: Beyond Meat products are shown on February 29, 2024 in Chicago, ... [+] Illinois. Beyond Meat experienced a surge in it's stock price of Tuesday after the maker of plant-based meat substitutes topped market expectations for fourth-quarter revenue. (Photo illustration by Scott Olson/Getty Images)Getty ImagesAfter almost a 28% decline this year, at the current price of around $6 per share, we believe Beyond Meat stock (NASDAQ: BYND), a plant-based meat alternative - is fairly ...

A few years ago, venture capital poured a lot of money into the plant-based foods market. At the time, the possibilities seemed bright. Particularly with younger more health-conscious consumers, it seemed like “better for you” foods could take major market share.However, fast-forward to 2024, and adoption has been much slower than anticipated. Major fast-food chains have started to give up on vegan burgers after unsuccessful product tests, and sales momentum has slowed at grocery stores as well.Be it the hi ...

Sundry Photography Q2 has been an unduly strange earnings season, in which we saw shares of some of the most infallible titans correct, while underdogs that have long been abandoned by mainstream investors rallied on better-than-expected results. Beyond Meat (NASDAQ:BYND) is one of these stocks, as the plant-based meat vendor reported the benefits of price hikes in driving up the company's long-ailing gross margins. Despite the feeble post-earnings rally, shares of Beyond Meat remain down more than 25% ...

Guido Mieth/DigitalVision via Getty Images Over the last year, one of the worst performing stocks in the market has been Beyond Meat (NASDAQ:BYND). The plant-based meat company has seen its shares lose more than half of their value as revenue growth troubles have continued. With the company continuing to lose large sums of money, the weak balance sheet has this name getting closer to the brink. Previous coverage of the stock It was a little more than three months ago when I covered the name at its first ...

The vegan meat company reported revenue that was less bad than anticipated.Plant-based meat maker Beyond Meat's (BYND 28.24%) second-quarter numbers were anything but good. One of them was better than expected, however, and that was good enough for investors today. Data from S&P Global Market Intelligence indicates that as of 3:30 p.m. ET Thursday Beyond Meat shares are up 24.6%.The question is, does this move mark the beginning of a prolonged recovery?Probably not.Beyond Meat serves up a (relatively) pleas ...

Beyond Meat (NASDAQ:BYND) stock is climbing higher on Thursday after the maker of plant-based meat alternatives released its earnings report for the second quarter of the year.Beyond Meat reported earnings per share of -53 cents during the quarter. That matches what Wall Street was expecting from it. It’s an improvement over the 83 cents reported in the same period of the year prior.Adding to that is the company’s revenue of $93.18 million. This is above analysts’ revenue estimate of $89.15 million for the ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Exhibit 99.1 For immediate release ® Beyond Meat Reports Second Quarter 2024 Financial Results EL SEGUNDO, Calif. — August 7, 2024 (GLOBE NEWSWIRE)—Beyond Meat, Inc. (NASDAQ: BYND) ("Beyond Meat" or "the Company"), a leader in plant-based meat, today reported financial results for its second quarter ended June 29, 2024. Second Quarter 2024 Financial Highlights 1 • Net revenues were $93.2 million, a decrease of 8.8% year-over-year. • Gross profit was $13.7 million, or gross margin of 14.7%, compared to gross ...

The Nasdaq and S&P 500 had their worst days since 2022, driven by disappointing earnings from mega-cap names. Recession indicators are flashing yellow, with the “Sahm Rule” unemployment metric edging dangerously close to signaling a downturn.Yes, the inverted yield curve has been wrong so far this time around, but that doesn’t mean we should ignore other warning signs. Corporate bond spreads are whispering “economic slowdown,” and consumer debt delinquencies are ticking up. While I still believe there are b ...

EL SEGUNDO, Calif., July 24, 2024 (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 second quarter ended June 29, 2024 on Wednesday, 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 interested in participating in the live call can dial 412-902-4255. There will also be a simultaneous, l ...