Beyond Meat Cuts Annual Forecast as Revenue Drops

Published 2 days agoBYND

Beyond Meat Cuts Annual Forecast as Revenue Drops

Beyond Meat has announced its financial outlook for the second quarter of 2025, projecting net revenues between $80 million and $85 million. This forecast falls short of analysts' expectations, which predicted revenues of $93.5 million. The company’s announcement underscores the challenges it faces in a volatile market.

In a significant strategic move, Beyond Meat has withdrawn its annual sales forecast due to macroeconomic uncertainties and high inflation levels in the U.S., which have dampened consumer interest in plant-based meat products. As reported by Reuters, the company experienced a 9.1% decline in revenue during the first quarter of 2025, with figures landing at $68.7 million. This also missed analysts' projections.

Amid these financial pressures, Beyond Meat is implementing cost-saving strategies, such as reducing its workforce and suspending certain operations. Despite setbacks in the U.S., the company reports growth in its international segments, both in retail and foodservice sectors. These actions highlight Beyond Meat’s efforts to reorient its strategy and stabilize financially amid challenging economic conditions.

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