Beyond Meat, Inc. Stock News

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.

Shares of Beyond Meat (BYND -1.65%) were among the losers last week as the once high-flying growth stock reported disappointing results in its third-quarter earnings report in November.

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Shares of Beyond Meat have dropped even further to a ~40% YTD loss despite a temporary return to sales growth. The company struggles with taste, health perceptions, and high prices, leading to reduced consumer demand and fewer points of sale. Despite Q3 revenue growth and improved gross margins, Beyond Meat's limited liquidity and high debt pose significant risks.

Der norwegische Lachs-Spezialist Mowi punktet mit einer Produktion auf Rekordniveau und stellt sich auf einige langfristige Food-Trends ein.

Following a successful initial launch, Beyond Meat's healthy, flavor-forward plant-based links are debuting at Whole Foods Market stores coast-to-coast

Shares of the alternative meat company are still losing money.

Beyond Meat's Q3 report showed decent revenue growth and margin improvement, but cash burn and a massive debt pile are major concerns. The company's balance sheet continues to weaken, with cash reserves and working capital dwindling, increasing bankruptcy risk. Despite some operational improvements, Beyond Meat's valuation is unattractive compared to more stable competitors in the space.