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 ...

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 ...

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 ...

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 ...

Core Insights - Beyond Meat reported its first quarter of revenue growth in three years, with a 7.6% increase to $81 million, slightly above estimates of $80.7 million [2] - The company achieved a positive gross profit of $14.3 million, recovering from a gross loss of $7.3 million, driven by higher prices [3] - Despite improvements, Beyond Meat continues to face significant losses, with an operating loss of $30.9 million and a net loss of $0.41 per share, although these figures are better than the previous year's losses [3][5] Revenue and Guidance - The U.S. market saw a solid revenue growth of 14.9%, but a decline in international food service revenue negatively impacted overall results [2] - Beyond Meat lowered its full-year revenue guidance from a range of $320 million-$340 million to $320 million-$330 million, which is below the consensus estimate of $328.6 million [4][5] - The company anticipates gross margins in the mid-teens, consistent with third-quarter performance [4] Management Commentary - CEO Ethan Brown expressed satisfaction with the return to growth in net revenues year-over-year and indicated plans to increase cash reserves by year-end and pursue balance sheet restructuring in 2025 [4]

After the bell on Wednesday, we received third quarter results from Beyond Meat (NASDAQ: BYND ). The plant-based meat company has been one of the stock market's biggest losers in recent years, as sizable revenue growth expectations have not materialized andI am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the ...

Beyond Meat, Inc. (NASDAQ:BYND) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Paul Sheppard - VP, FP&A, and IR Ethan Brown - Founder, President and CEO Lubi Kutua - CFO and Treasurer Conference Call Participants Peter Saleh - BTIG Ben Theurer - Barclays Michael Lavery - Piper Sandler Ken Goldman - JPMorgan John Baumgartner - Mizuho Alexia Howard - Bernstein Operator Good afternoon, and welcome to the Beyond Meat Third Quarter 2024 Conference Call. All participants are in ...

Beyond Meat (BYND) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $1.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.82%. A quarter ago, it was expected that this plant-based meat company would post a loss of $0.46 per share when it actually produced a loss of $0.53, delivering a surprise of -15.22%.Over the last four quarters, the company ...

Exhibit 99.1 For immediate release ® Beyond Meat Reports Third Quarter 2024 Financial Results EL SEGUNDO, Calif. — November 6, 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 third quarter ended September 28, 2024. Third Quarter 2024 Financial Highlights 1 • Net revenues were $81.0 million, an increase of 7.6% year-over-year. • Gross profit was $14.3 million, or gross margin of 17.7%, compared to ...

EL SEGUNDO, Calif., Nov. 06, 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 third quarter ended September 28, 2024. Third Quarter 2024 Financial Highlights1 Net revenues were $81.0 million, an increase of 7.6% year-over-year.Gross profit was $14.3 million, or gross margin of 17.7%, compared to a loss of $7.3 million, or gross margin of -9.6%, in the year-ago period.Loss from operations was $30 ...