Beyond Meat, Inc. (BYND) saw its stock plummet 5.04% on Monday, extending its year-to-date losses, as the plant-based meat producer announced a delay in its third-quarter earnings report. The company, which was originally scheduled to release its financial results on November 4, has postponed the report to November 11, citing the need for additional time to quantify a material non-cash impairment charge related to certain long-lived assets.

The unexpected delay has raised concerns among investors, contributing to the significant drop in share price. Beyond Meat stated that it is "not yet able to reasonably quantify the amount" of the anticipated non-cash impairment charge for the three months ended September 27, 2025. This uncertainty, coupled with the company's ongoing challenges, has further eroded investor confidence.

Beyond Meat has been grappling with weak sales and declining demand for its plant-based meat alternatives in recent years. The company has struggled to maintain momentum in the face of shifting consumer preferences, the rise of weight-loss drugs, and persistent inflation. Despite a recent surge in share price fueled by retail investors and short sellers chasing the next meme stock, Beyond Meat's stock remains significantly lower for the year, down approximately 60% year-to-date prior to this latest decline. As the market awaits the rescheduled earnings report, investors will be closely watching Beyond Meat's ability to navigate these financial challenges and reverse its declining fortunes in the competitive plant-based meat market.