In the summer of 2019, the stock eclipsed $239 a share -- its peak price. Since then, the stock has lost more than 99% of its value.
The meat-alternative producer plans to issue new shares after a debt exchange gives it more time to restructure the business.
Once the darling of the plant-based boom, Beyond Meat Inc (NASDAQ:BYND) has gone from market disruptor to market casualty. At its 2019 peak, the company was valued at over $13 billion.
Shares of Beyond Meat slumped to a record low on Monday after the maker of plant-based meat launched an exchange offer for convertible bonds to cut more than $800 million in debt.
Beyond Meat reported a 20% decline in year-over-year net revenues in Q2 2025, coming in at 9% below guidance midpoint. It provided guidance for a 10% to 16% year-over-year decline in Q3 2025 net revenues, but has also badly missed its guidance during the last two quarters. Beyond Meat has made progress with improving gross margins though.
Plant-based meat pioneer Beyond Meat Inc (NASDAQ:BYND) is under financial pressure after reporting a sharp decline in sales and a cash crunch, though the company denied reports it has filed for bankruptcy. According to reports, Beyond Meat is facing a potential Chapter 11 filing following second-quarter 2025 sales that fell nearly 20% year-over-year, highlighting weakness in US retail channels and select international markets.
Beyond Meat, Inc. (NASDAQ:BYND ) Q2 2025 Earnings Conference Call August 6, 2025 5:00 PM ET Company Participants Ethan Brown - Founder, President, CEO & Director Lubi Kutua - CFO & Treasurer Paul Sheppard - Vice President of Financial Planning & Analysis and Investor Relations Conference Call Participants Alexia Jane Burland Howard - Sanford C. Bernstein & Co., LLC.
Beyond Meat (BYND) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.37. This compares to a loss of $0.53 per share a year ago.
Vital Farms, Sprouts Farmers, United Natural and Beyond Meat are betting big on organic, clean-label foods and redefining what's healthy on store shelves.
When Beyond Meat (NASDAQ: BYND) went public, there was a broad belief that people wanted meatless meat.
TSN and BYND are navigating cost and export challenges with strong brands, protein demand and strategic expansions.
BYND, HRL and TSN are transforming food with AgTech, from lab-grown meat to smart farming and plant-based proteins.