Beyond Meat forecasts upbeat quarterly revenue on steady international demand
International retail sales rose 16.5% as Beyond Meat projected third-quarter revenue of $60 million to $65 million, above analysts' average estimate of $62.2 million.
- On Wednesday, Beyond Meat forecast third-quarter revenue between $60 million and $65 million, surpassing Wall Street's $62.2 million estimate as international demand offsets declining U.S. sales.
- Beyond Meat's U.S. sales dropped 14.4% last quarter, hurt by weaker consumer spending and preference for healthier alternatives, while foodservice declines exceeded 30%.
- International retail net revenues rose 16.5%, led by Europe and Canada, bucking downward trends in domestic markets and global foodservice segments.
- CEO Ethan Brown cited 'misinformation' campaigns pressuring the plant-based category, though he noted stabilization signs while the company rolls out Beyond Immerse to drive demand.
- Second-Quarter revenue reached $68.8 million, down from $75.0 million one year earlier, with an adjusted loss of 9 cents per share as shares fell 3% in extended trading.
11 Articles
11 Articles
Beyond Meat’s decline continues, but Europe and Canada see growth
Beyond Meat continues to struggle in Q2, although its revenue and sales declines are starting to slow. In international retail, particularly Europe and Canada, net revenue and sales are up. This, believes CEO Ethan Brown, reflects populations more in tune with food's connection to climate change.
Beyond Meat Bets on International Markets As US Sales Plunge in Q2 2026
6 Mins Read Continued headwinds in foodservice and the US led to an 8% decline in Beyond Meat’s Q2 2026 sales, but success in European and Canadian retail helped it beat its own revenue estimates. As it ramps up the rollout of its sparkling protein drinks with the help of its brand ambassador, New York Knicks star Josh Hart, Beyond Meat’s top line continued its slide in the second quarter of the year. Now known as Beyond The Plant Protein Compan…
Beyond Meat leans into Europe, Canada, as US sales continue to slide
Beyond Meat’s positive sales in international retail were offset by continued declines across the rest of the business in Q2, dragging down net revenues by 8.2% year-over-year to $68.8 million, slightly ahead of the company’s earlier forecasts. “Our core plant-based meat business continues to face pressure in US retail and foodservice and in global foodservice consistent with category trends,” CEO Ethan Brown told analysts on the firm’s earnings…
Blockonomi
BITRSSBeyond Meat (BYND) Stock: Falls as Q2 Revenue Declines and Adjusted EBITDA Loss Widens
TLDR Beyond Meat shares fall after Q2 revenue declines 8.2% to only $68.8 million. Adjusted EBITDA loss widens to $27.7 million as quarterly margins weaken further. U.S. foodservice revenue plunges 27.6% amid weak demand and fewer locations. International retail sales rise 16.5% and provide the quarter’s main bright spot. Beyond Meat guides Q3 revenue to $60 million–$65 million after a weak quarter. Beyond Meat (BYND) stock fell after the compa…
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