Beyond Meat (BYND) investors should mark November 11 on their calendars, as the plant-based meat company has postponed its third-quarter earnings release by a week to address an important accounting issue.
This delay comes because management needs additional time to calculate material, non-cash impairment charges related to some long-term assets. However, the Company cannot yet reasonably determine the amount.
The earnings postponement sparked an immediate market reaction, with shares falling 16% on Monday. This setback occurs during an already turbulent period for Beyond Meat, which has recently seen significant price swings that have captured the attention of stock traders and short sellers alike.
Two weeks ago, Beyond Meat shares began a significant rally, rising nearly 150% in a single day, marking their best trading session ever. The explosive move came on the heels of the stock’s addition to the Roundhill Meme Stock ETF (MEME), which appeared to trigger a massive short squeeze as hedge funds scrambled to cover positions.
BYND stock continued to rise after Beyond Meat announced an expanded distribution partnership in Walmart (WMT) stores across the country. BYND stock closed trading at $1.39 on Monday and was down more than 7% in pre-market trading today. It is currently down about 0.4% in afternoon trading.
Beyond Meat faces serious fundamental challenges, having posted losses in each of the past five years. The stock has collapsed from a 2019 post-IPO high above $230 per share to a 52-week low of $0.50 in 2025.
Despite the recent rally, Beyond Meat stock is down 99% from its all-time high and has significantly underperformed the broader markets. Beyond Meat had very disappointing results in the second quarter, as it continues to struggle with high cash burn and declining sales.
Beyond Meat reported revenue of $75 million in the June quarter, which represented a 20% decline year over year. The top line was well below management’s estimates and a sharp reversal from the marginal growth seen in late 2024.
Sales from the United States declined 27% year over year, primarily due to premium product pricing, slowing demand, and a challenging macroeconomic environment. The management also admitted that misinformation about the health benefits of the product has become deeply ingrained and difficult to counter despite its efforts.
International foodservice sales declined 26% as promotional activity declined from the prior year and some quick-service restaurant partners stopped serving burgers temporarily or permanently. These distribution losses are expected to continue to impact results for the foreseeable future, according to management commentary.
Gross margin was compressed to just 11.5% from 14.7% in the same period of the previous year, indicating weak absorption of fixed costs due to lower volumes, unfavorable product mix, and accelerated depreciation charges resulting from the suspension of operations in China.
While management claims that core manufacturing costs are improving, these gains remain completely obscured by structural business challenges. The company announced another workforce reduction and appointed AlixPartners transformation specialist John Buquin as interim chief transformation officer, signaling the severity of the operational issues.
Beyond Meat aims to report positive EBITDA in the second half of 2026, driven by cost savings and revenue stability.
Beyond Meat’s revenue rose from $88 million in 2018 to $464 million in 2021. It is expected to end 2025 with sales of $284 million, which represents a 13% decline year over year.
Of the nine analysts covering BYND stock, four recommend a “hold” and five recommend a “strong sell.” The average price target for BYND stock is $2.23, suggesting upside potential of more than 60% from current levels.
On the date of publication, Aditya Raghunath had no positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data contained in this article are for informational purposes only. This article was originally published on parchart.com
The post Dear Beyond Meat Stock Fans, Mark Your Calendars for November 11 first appeared on Investorempires.com.
