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Beyond Meat falls after dour quarterly results

ReutersMar 31, 2026 10:06 PM

Shares of faux meat products maker Beyond Meat BYND.O down ~14% at 60 cents in extended trading

Co misses Wall Street estimates for fourth-quarter sales and posts larger-than-expected operating loss due to sluggish demand for its higher-priced processed food products

Results reflect ongoing headwinds in plant-based meat category as well as financial impact of several restructuring charges, CEO Ethan Brown says

Co says it is unable to estimate when annual report will be filed, after it announced delay earlier this month following identification of material weaknesses in controls related to inventory accounting, including excess or obsolete stock

Shares fell ~14% in 2025

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