**Beyond Meat Faces Mounting Pressure Ahead of Q3 Earnings Report**
Beyond Meat, Inc. (BYND) is set to announce its third-quarter earnings on November 11 after the closing bell. The plant-based protein maker is under increasing scrutiny, following a year marked by steep losses and declining sales.
**Analyst Expectations and Revenue Decline**
Analysts are forecasting Q3 revenue of $68.77 million—representing a 15.1% decline compared to last year’s third quarter. The company previously postponed this earnings report due to an impairment charge, further heightening investor concerns about its financial stability. Wall Street anticipates an adjusted loss of $0.43 per share for the quarter.
CEO Ethan Brown acknowledged “ongoing softness in the plant-based meat category” during Beyond Meat’s last quarterly update.
**Revenue Falls Across All Segments**
Last quarter presented a troubling outlook. Beyond Meat reported $74.96 million in revenue, missing analyst estimates by 8.6%. This marked a 19.6% year-over-year drop. U.S. retail sales took the hardest hit, falling 26.7% compared to the previous year. Domestic food service showed some resilience with 6.8% growth, but it wasn’t enough to offset declines elsewhere. In total, U.S. revenues dropped 20.4% to $43.96 million.
International markets mirrored these challenges, with retail revenues down 9.8% and food service falling 25.8%. For the first half of 2025, overall revenues declined 14.9% to $143.69 million. Beyond Meat has now missed Wall Street revenue expectations three times in the last two years.
Net losses reached $82.16 million for the first six months—an improvement on last year’s $88.84 million loss, but the company remains deeply unprofitable.
**Balance Sheet Raises Red Flags**
Beyond Meat’s financial position remains precarious. As of June, the company reported $103 million in cash against a stockholders’ deficit of $677 million. The current market cap stands at $552 million—a figure that appears optimistic given ongoing losses and negative equity.
The stock has dropped 77% over the last 12 months. However, shares rallied 25.6% in the month leading up to earnings, contrasting with the wider perishable food sector’s 3.6% decline over the same period. Analysts currently maintain a price target of $2.23 per share, while Beyond Meat stock trades at just $1.30.
Wall Street’s estimates have remained largely unchanged over the past 30 days.
**Industry Comparisons and Looking Ahead**
Other companies in the perishable foods space have fared better. Vital Farms posted 37.2% revenue growth, beating expectations by 3.7%. Pilgrim’s Pride grew revenue by 3.8% and topped estimates by 0.8%.
Beyond Meat has not issued full-year guidance for 2025. The company’s projected Q3 revenue is between $68 million and $73 million, another drop from Q3 2024’s $81 million.
The upcoming earnings call will be crucial for investors, as it will shed light on whether consumer demand for plant-based meat continues to weaken.
https://blockonomi.com/beyond-meat-bynd-stock-earnings-report-looms-after-77-annual-decline/
