Profile
Sector:
Consumer DefensiveIndustry:
Packaged FoodsCountry:
United StatesIPO:
02 May 2019Website:
http://www.beyondmeat.comNext earnings report:
07 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:59:16 GMTDividend
Analysts recommendations
Institutional Ownership
BYND Latest News
Beyond Meat reported another disappointing quarter of operating results. It's taking actions to improve its performance, like pricing measures and cost-cutting.
While the McDonald's news won't impact Beyond Meat going forward, it is a reflection of the company's problems. International has been a bright spot, but that turned for the worse in Q1.
Beyond Meat views 2024 as a pivot year. The company's revenues fell 18% year over year in the first quarter.
Plant-based meat maker Beyond Meat (NASDAQ: BYND ) is not an enticing long-term investment for conservative market participants. The company has consistently lost money.
Plant-based meat producer Beyond Meat Inc. NASDAQ: BYND has a 39.81% short interest. Sentiment is negative for the stock as it continues to fall lower, trading down more than 25% year-to-date (YTD).
Beyond Meat's stock has plunged 97% from its all-time high. Demand for its products dried up over the past five years.
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Peloton and Beyond Meat have crashed as consumer habits changed. Peloton is focusing on cost cutting after its turnaround strategy failed, a path that's unlikely to reinvigorate demand.
Beyond Meat's sales declined last quarter as demand for its plant-based products remains underwhelming. The company's gross margins are also razor-thin.
Keep an eye on stocks such as Beyond Meat (BYND), Sea Limited (SE) and Expro Group (XPRO) for solid earnings acceleration.
What type of business is Beyond Meat?
Beyond Meat, Inc. is a Delaware corporation - a food company in the United States that offers a range of plant-based meat products. Beyond Meat, Inc. was registered on April 8, 2011 under the name "J Green Natural Foods Co". The corporation produces meat directly from plants - an innovation that allows consumers to experience the taste, texture, and other sensory properties of traditional animal-based meat products by consuming plant-based meat products. Beyond Meat creates plant-based products using patented scientific processes that determine the architecture of animal-based meat, which the Issuer seeks to reproduce, and then constructs it using plant-based amino acids, lipids, carbohydrates, micronutrients, and water.
What sector is Beyond Meat in?
Beyond Meat is in the Consumer Defensive sector
What industry is Beyond Meat in?
Beyond Meat is in the Packaged Foods industry
What country is Beyond Meat from?
Beyond Meat is headquartered in United States
When did Beyond Meat go public?
Beyond Meat initial public offering (IPO) was on 02 May 2019
What is Beyond Meat website?
https://www.beyondmeat.com
Is Beyond Meat in the S&P 500?
No, Beyond Meat is not included in the S&P 500 index
Is Beyond Meat in the NASDAQ 100?
No, Beyond Meat is not included in the NASDAQ 100 index
Is Beyond Meat in the Dow Jones?
No, Beyond Meat is not included in the Dow Jones index
When does Beyond Meat report earnings?
The next expected earnings date for Beyond Meat is 07 August 2024