Beyond Meat (NASDAQ: BYND ) shares have dropped by 13.10% since I covered the plant-based meat firm in May. As I talked about in my write-up in May, a big reason I was bullish on the stockThis account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as w ...

Beyond Meat TodayBYNDBeyond Meat$6.30 +0.15 (+2.44%) 52-Week Range$5.13▼$12.12Price Target$5.06Add to WatchlistIf the stock price of Beyond Meat Inc. NASDAQ: BYND is any indication, the plant-based meat boom has come and gone. The stock peaked at a whopping $239.71 in July 2022 and has since withered away to an all-time low of just $5.20 on Aug. 5, 2024. Despite losing 97.4% of its value from the highest, there is still a giant short interest of 38.96%, indicating the bears see more downside to come. Bullis ...

Beyond Meat will introduce a whole-muscle steak alternative as part of its pivot to win over health-conscious consumers.CEO Ethan Brown said on Wednesday that the rollout will likely include a partnership with a restaurant chain known for serving healthier food, a departure from its prior strategy of teaming up with fast-food chains like Dunkin' and McDonald's.More than six months ago, Beyond announced a turnaround strategy that included cutting costs, hiking prices and discontinuing the jerky product it ma ...

A few years ago, venture capital poured a lot of money into the plant-based foods market. At the time, the possibilities seemed bright. Particularly with younger more health-conscious consumers, it seemed like “better for you” foods could take major market share.However, fast-forward to 2024, and adoption has been much slower than anticipated. Major fast-food chains have started to give up on vegan burgers after unsuccessful product tests, and sales momentum has slowed at grocery stores as well.Be it the hi ...

Sundry Photography Q2 has been an unduly strange earnings season, in which we saw shares of some of the most infallible titans correct, while underdogs that have long been abandoned by mainstream investors rallied on better-than-expected results. Beyond Meat (NASDAQ:BYND) is one of these stocks, as the plant-based meat vendor reported the benefits of price hikes in driving up the company's long-ailing gross margins. Despite the feeble post-earnings rally, shares of Beyond Meat remain down more than 25% ...

Guido Mieth/DigitalVision via Getty Images Over the last year, one of the worst performing stocks in the market has been Beyond Meat (NASDAQ:BYND). The plant-based meat company has seen its shares lose more than half of their value as revenue growth troubles have continued. With the company continuing to lose large sums of money, the weak balance sheet has this name getting closer to the brink. Previous coverage of the stock It was a little more than three months ago when I covered the name at its first ...

The vegan meat company reported revenue that was less bad than anticipated.Plant-based meat maker Beyond Meat's (BYND 28.24%) second-quarter numbers were anything but good. One of them was better than expected, however, and that was good enough for investors today. Data from S&P Global Market Intelligence indicates that as of 3:30 p.m. ET Thursday Beyond Meat shares are up 24.6%.The question is, does this move mark the beginning of a prolonged recovery?Probably not.Beyond Meat serves up a (relatively) pleas ...

Beyond Meat (NASDAQ:BYND) stock is climbing higher on Thursday after the maker of plant-based meat alternatives released its earnings report for the second quarter of the year.Beyond Meat reported earnings per share of -53 cents during the quarter. That matches what Wall Street was expecting from it. It’s an improvement over the 83 cents reported in the same period of the year prior.Adding to that is the company’s revenue of $93.18 million. This is above analysts’ revenue estimate of $89.15 million for the ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

财务业绩 - 第二季度收入为9320万美元，同比下降8.8%[4] - 毛利为1370万美元，毛利率为14.7%，去年同期为2.2%[5] - 营业亏损为3390万美元，营业利润率为-36.4%，去年同期为-52.7%[6] - 净亏损为3450万美元，每股亏损0.53美元，去年同期为0.83美元[7] - 调整后EBITDA亏损2300万美元，占收入比例为-24.7%，去年同期为-40.0%[8] - 2024年第二季度净收入为93.185百万美元，同比下降8.7%[47] - 2024年上半年净收入为168.788百万美元，同比下降13.1%[47] - 2024年第二季度毛利为13.717百万美元，同比增长503.8%[47] - 2024年上半年毛利为17.385百万美元，同比增长105.5%[47] - 2024年第二季度研发费用为5.485百万美元，同比下降37.5%[47] - 2024年上半年研发费用为15.345百万美元，同比下降27.6%[47] - 2024年第二季度销售及管理费用为42.163百万美元，同比下降11.1%[47] - 2024年上半年销售及管理费用为89.445百万美元，同比下降10.0%[47] - 公司2024年第二季度净亏损为34.479百万美元，同比减亏35.5%[47] - 2024年上半年净亏损为88.840百万美元，同比减亏21.1%[47] 2024年全年展望 - 预计2024年全年收入将在3.2亿美元至3.4亿美元之间[30] - 预计2024年全年毛利率将在中高teens区间[30] - 预计2024年全年营业费用(不含一次性消费者集体诉讼费用)将在1.8亿美元至1.9亿美元之间[31] - 预计2024年全年资本支出将在1500万美元至2000万美元之间[31] 公司概况 - 公司是一家领先的植物肉类公司，提供一系列革命性的植物肉类产品[35] - 公司将退出部分产品线,如Beyond Meat Jerky,并优化全球运营[38,39] - 公司将推出新产品,如Beyond IV和Beyond Sun Sausage[38,39] - 公司将继续投资于品牌建设和市场推广[40,41] - 公司将采取措施保护知识产权和信息安全[41,42] - 公司将遵守相关法律法规,应对监管和法律风险[41,42] 非GAAP财务指标 - 公司将"Adjusted net loss per diluted common share"定义为Adjusted net loss除以发行在外的稀释普通股数量[57] - 公司认为"Adjusted loss from operations"、"Adjusted operating margin"、"Adjusted net loss"和"Adjusted net loss per diluted common share"是有用的经营表现指标，因为排除特殊项目可以实现公司持续经营的期间比较[58] - 公司将"Adjusted EBITDA"定义为净亏损调整后的指标，包括税收、利息费用、折旧和摊销费用、重组费用、股份支付费用、诉讼和解费用以及其他收支[59] - 公司将"Adjusted EBITDA as a % of net revenues"定义为Adjusted EBITDA除以净收入[59] - 公司在2024年6月29日和2023年7月1日的Adjusted loss from operations分别为-7,990.5万美元和-11,147.5万美元，Adjusted operating margin分别为-47.3%和-57.3%[63] - 公司在2024年6月29日和2023年7月1日的Adjusted net loss分别为-8,134万美元和-11,254.2万美元，Adjusted net loss per diluted common share分别为-1.26美元和-1.76美元[64][65] - 公司在2024年6月29日和2023年7月1日的Adjusted EBITDA分别为-5,589.8万美元和-8,659.9万美元，Adjusted EBITDA as a % of net revenues分别为-33.1%和-44.6%[67] 风险因素 - 公司面临的风险包括通胀和利率上升、植物肉类需求下降、竞争加剧等[37,38,39] - 公司正在采取一系列措施来提高毛利率和现金流,包括调整定价、优化生产和运营等[38,39]