Beyond Meat ( (BYND) ) has released its Q2 earnings. Here is a breakdown of the information Beyond Meat presented to its investors.
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Beyond Meat, Inc. is a leading plant-based meat company that offers a variety of plant-based meat products designed to mimic the taste and texture of animal-based meat, focusing on sustainability and health benefits.
In its second quarter of 2025, Beyond Meat reported a 19.6% decline in net revenues to $75 million, reflecting ongoing challenges in the plant-based meat category, particularly in the U.S. retail and international foodservice markets. The company also experienced a net loss of $33.2 million, slightly improved from the previous year’s $34.5 million loss.
Key financial metrics indicate a gross profit of $8.6 million with an 11.5% gross margin, down from the previous year’s 14.7%. The company faced increased operational losses, partly due to the suspension of activities in China and legal expenses related to a contractual dispute. Despite these challenges, U.S. foodservice channel revenues saw a slight increase of 6.8%.
To address these issues, Beyond Meat is implementing cost-reduction measures, including a workforce reduction and expanding its partnership with AlixPartners to support transformation initiatives. The company aims to strengthen its financial profile and focus on core product lines to improve margins.
Looking ahead, Beyond Meat remains cautious, refraining from providing full-year guidance due to market uncertainties. However, it anticipates third-quarter revenues to be between $68 million and $73 million, as it continues to navigate the challenging economic environment and transform its operations.