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Beyond Meat, Inc.

2.92

-0.1800-5.81%

Post-market: 2.84-0.0800-2.74%19:59 EDT

Volume:2.73M

Turnover:8.12M

Market Cap:223.30M

PE:-1.27

High:3.07

Open:3.03

Low:2.91

Close:3.10

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Overview Company News Filings

Beyond Meat Inc. Stock Outperforms Market Despite Losses On The Day

All You Need to Know About Beyond Meat (BYND) Rating Upgrade to Buy

Beyond Meat Inc. Stock Falls Thursday, Underperforms Market

Why Beyond Meat (BYND) Shares Are Falling Today

Trump's Tariffs, Potential 'Stagflation': What's Driving Markets Thursday?

Stock Track | Beyond Meat Plunges 5.9% as Wider Q4 Loss and Tepid 2025 Outlook Raise Profitability Concerns

Beyond Meat Is Maintained at Underweight by Barclays

BUZZ-U.S. STOCKS ON THE MOVE-Urban Outfitters, Vistra, Bath & Body Works

BUZZ-U.S. STOCKS ON THE MOVE-Nvidia, Moderna, Goldman Sachs

Cautious Outlook: Beyond Meat’s Persistent Profitability Challenges and Unmet Expectations Lead to Sell Rating

Stock Track | Beyond Meat Plunges Over 5% as Wider Q4 Loss and Tepid 2025 Outlook Weigh on Growth Prospects

Beyond Meat (BYND) Gets a Sell from Barclays

Beyond Meat price target lowered to $3 from $4 at Barclays

BUZZ-Beyond Meat falls as results, forecast miss expectations

Beyond Meat Inc (BYND) Q4 2024 Earnings Call Highlights: Revenue Growth and Strategic Shifts

Beyond Meat (BYND) Q4 2024 Earnings Call Transcript

Motley Fool Transcribing

Stock Track | Beyond Meat Plunges Over 9% as Wider Q4 Loss and Tepid Outlook Overshadow Revenue Beat

Beyond Meat (BYND) Reports Q4 Loss, Tops Revenue Estimates

Beyond Meat to Cut 6% of Workforce, Cease China Operations; Shares Decline

Beyond Meat Inc reports results for the quarter ended December 31 - Earnings Summary

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Stock Outperforms Market Despite Losses On The Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2516566484","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516566484?lang=en_us&edition=fundamental","pubTime":"2025-03-04 06:23","pubTimestamp":1741040580,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Beyond Meat Inc.  slid 2.53% to $3.08 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index  falling 2.64% to 18,350.19 and Dow Jones Industrial Average  falling 1.48% to 43,191.24.This was the stock's ninth consecutive day of losses.Beyond Meat Inc. closed 70.13% below its 52-week high of $10.31, which the company reached on May 14th.Trading volume  eclipsed its 50-day average volume of 3.8 M.Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BYND"],"gpt_icon":0},{"id":"2516540196","title":"All You Need to Know About Beyond Meat (BYND) Rating Upgrade to Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2516540196","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516540196?lang=en_us&edition=fundamental","pubTime":"2025-03-04 01:00","pubTimestamp":1741021212,"startTime":"0","endTime":"0","summary":"Beyond Meat  could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 . 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These are mostly driven by subjective factors that are hard to see and measure in real time.Therefore, the Zacks rating upgrade for Beyond Meat basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/know-beyond-meat-bynd-rating-170012388.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BYND"],"gpt_icon":0},{"id":"2514635180","title":"Beyond Meat Inc. Stock Falls Thursday, Underperforms Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2514635180","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514635180?lang=en_us&edition=fundamental","pubTime":"2025-02-28 06:24","pubTimestamp":1740695040,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Beyond Meat Inc.  tumbled 10.67% to $3.18 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 2.78% to 18,544.42 and Dow Jones Industrial Average  falling 0.45% to 43,239.50.This was the stock's seventh consecutive day of losses.Beyond Meat Inc. closed 72.82% below its 52-week high of $11.70, which the company reached on February 29th.Trading volume  eclipsed its 50-day average volume of 3.7 M.Data source: Dow Jones Market Data, FactSet. 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Adding to the disappointment was guidance, with full-year revenue guidance coming in below expectations.On the other hand, Beyond Meat beat analysts' revenue expectations this quarter. However, cost pressures remain. Beyond Meat is focusing on cost control to stabilize its financial position with additional restructuring initiatives, including a workforce reduction and the suspension of operations in China. Overall, this quarter could have been better.On the other hand, its full-year revenue guidance missed analysts' expectations and its operating margin missed Wall Street's estimates. What seems to be the saving grace and reason for the stock action, though, is the company's 2024 gross margin and implied operating profit guidance. 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The disappointing performance and outlook raised concerns among investors about Beyond Meat's ability to navigate persistent demand c","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["BYND"],"gpt_icon":0},{"id":"2514383723","title":"Beyond Meat Is Maintained at Underweight by Barclays","url":"https://stock-news.laohu8.com/highlight/detail?id=2514383723","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514383723?lang=en_us&edition=fundamental","pubTime":"2025-02-27 22:38","pubTimestamp":1740667080,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/BYND/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 27, 2025 09:38 ET (14:38 GMT)","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BYND"],"gpt_icon":0},{"id":"2514388302","title":"BUZZ-U.S. STOCKS ON THE MOVE-Urban Outfitters, Vistra, Bath & Body Works","url":"https://stock-news.laohu8.com/highlight/detail?id=2514388302","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514388302?lang=en_us&edition=fundamental","pubTime":"2025-02-27 22:13","pubTimestamp":1740665618,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-Urban Outfitters, Vistra, Bath & Body WorksEikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call 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htt","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nL6N3PI0GV:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BYND","LU0267386448.USD","LU0640476718.USD","LU1430597077.USD","SNVD.UK","LU0868494708.USD","LFST","LU0368265764.SGD","LU1280957306.USD","LU0048584097.USD","NVD3.UK","LU0075056555.USD","LU2265009873.SGD","LU2237438978.USD","BK4585","IE00B1XK9C88.USD","LU2592432038.USD","IE00B2PGVK34.USD","IE00BGHQF417.EUR","BK4554","NVDD","TDOC","NVDX","SG9999004303.SGD","NVD","NVDY","ORA","3NVD.UK","NVDS","BK4587","LU1261432733.SGD","LU2092937148.SGD","NEM","OMC","IPG","2NVD.UK","IE00BKDWB100.SGD","NVDA","MRNA","AU","LU0308772762.SGD","NVDS.UK","NVDU","LU0056508442.USD","NVIW.SI","NVD2.UK","GS"],"gpt_icon":1},{"id":"2514980388","title":"Cautious Outlook: Beyond Meat’s Persistent Profitability Challenges and Unmet Expectations Lead to Sell Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2514980388","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514980388?lang=en_us&edition=fundamental","pubTime":"2025-02-27 19:37","pubTimestamp":1740656234,"startTime":"0","endTime":"0","summary":"J.P. Morgan analyst Kenneth Goldman has maintained their bearish stance on BYND stock, giving a Sell rating today. Kenneth Goldman has given his Se...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/ratings/cautious-outlook-beyond-meats-persistent-profitability-challenges-and-unmet-expectations-lead-to-sell-rating?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/ratings/cautious-outlook-beyond-meats-persistent-profitability-challenges-and-unmet-expectations-lead-to-sell-rating?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BYND"],"gpt_icon":0},{"id":"1149344275","title":"Stock Track | Beyond Meat Plunges Over 5% as Wider Q4 Loss and Tepid 2025 Outlook Weigh on Growth Prospects","url":"https://stock-news.laohu8.com/highlight/detail?id=1149344275","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1149344275?lang=en_us&edition=fundamental","pubTime":"2025-02-27 18:30","pubTimestamp":1740652251,"startTime":"0","endTime":"0","summary":"Beyond Meat, Inc.  witnessed a pre-market plunge of 5.06% on Thursday, February 27, 2025, following the release of its fourth-quarter 2024 earnings results and 2025 guidance. The plant-based meat alternative company reported a wider-than-expected loss for Q4, missing analysts' estimates, while its 2025 revenue outlook fell short of consensus projections.For the quarter ended December 2024, Beyond Meat posted an adjusted loss of $0.65 per share, significantly larger than the consensus estimate of","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["BYND"],"gpt_icon":1},{"id":"2514871234","title":"Beyond Meat (BYND) Gets a Sell from Barclays","url":"https://stock-news.laohu8.com/highlight/detail?id=2514871234","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514871234?lang=en_us&edition=fundamental","pubTime":"2025-02-27 18:19","pubTimestamp":1740651579,"startTime":"0","endTime":"0","summary":"Barclays analyst Benjamin Theurer maintained a Sell rating on Beyond Meat (BYND – Research Report) today and set a price target of $3.00. The compa...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/beyond-meat-bynd-gets-a-sell-from-barclays?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/beyond-meat-bynd-gets-a-sell-from-barclays?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BYND","BK4212","BK4548"],"gpt_icon":0},{"id":"2514187123","title":"Beyond Meat price target lowered to $3 from $4 at Barclays","url":"https://stock-news.laohu8.com/highlight/detail?id=2514187123","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514187123?lang=en_us&edition=fundamental","pubTime":"2025-02-27 18:16","pubTimestamp":1740651373,"startTime":"0","endTime":"0","summary":"Barclays lowered the firm’s price target on Beyond Meat (BYND) to $3 from $4 and keeps an Underweight rating on the shares following the Q4 report....","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/beyond-meat-price-target-lowered-to-3-from-4-at-barclays?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/beyond-meat-price-target-lowered-to-3-from-4-at-barclays?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BYND"],"gpt_icon":0},{"id":"2514792038","title":"BUZZ-Beyond Meat falls as results, forecast miss expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2514792038","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514792038?lang=en_us&edition=fundamental","pubTime":"2025-02-27 18:08","pubTimestamp":1740650909,"startTime":"0","endTime":"0","summary":"BUZZ-Beyond Meat falls as results, forecast miss expectations** Beyond Meat BYND.O down 3% premarket vs a 6% drop in extended trading on Weds after Q4 report** Plant-based meat producer posts bigger-than-expected Q4 loss and FY revenue forecast falls short of analysts' estimates** Co to suspend China operations, cut jobs in N. America and Europe amid persistent demand weakness** BYND has highest short interest  and days to cover  in US food group in Jefferies coverage** BYND also saw largest 3-month increases in short interest, per Jefferies** Stock is already down 5.3% YTD after a ~58% slide in 2024  ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nL3N3PH1KY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BYND","BK4548","BK4212"],"gpt_icon":0},{"id":"2514251918","title":"Beyond Meat Inc (BYND) Q4 2024 Earnings Call Highlights: Revenue Growth and Strategic Shifts","url":"https://stock-news.laohu8.com/highlight/detail?id=2514251918","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514251918?lang=en_us&edition=fundamental","pubTime":"2025-02-27 15:27","pubTimestamp":1740641272,"startTime":"0","endTime":"0","summary":"Full Year 2024 Net Revenues: $326.5 million, down 4.9% compared to 2023.Q4 2024 Net Revenues: $76.7 million, a 4% increase year over year.Q4 2024 Gross Margin: 13.1%, up from negative 113.8% in the year-ago period.Operating Expenses Q4 2024: $47.8 million, a reduction from $76.9 million in the year-ago period.Net Loss Q4 2024: $44.9 million, compared to $155.1 million in the year-ago period.Adjusted EBITDA Q4 2024: Loss of $26 million, compared to a loss of $125.1 million in the year-ago period.Total Outstanding Debt: $1.1 billion as of December 31, 2024.2025 Revenue Guidance: Expected to be in the range of $320 million to $335 million.A: Ethan Brown, CEO, explained that Beyond Meat has focused on providing clean and simple products that consumers are willing to pay more for. The company has seen positive elasticity in the US retail sector, with a 5.7% increase in net revenue and only a 4.5% decrease in volume, indicating that their strategy is working despite","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/beyond-meat-inc-bynd-q4-072752955.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BYND"],"gpt_icon":0},{"id":"2514843700","title":"Beyond Meat (BYND) Q4 2024 Earnings Call Transcript","url":"https://stock-news.laohu8.com/highlight/detail?id=2514843700","media":"Motley Fool Transcribing","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514843700?lang=en_us&edition=fundamental","pubTime":"2025-02-27 12:30","pubTimestamp":1740630616,"startTime":"0","endTime":"0","summary":"BYND earnings call for the period ending December 31, 2024.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.fool.com/earnings/call-transcripts/2025/02/26/beyond-meat-bynd-q4-2024-earnings-call-transcript/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_motley_transcript","symbols":["BYND"],"gpt_icon":0},{"id":"1178745858","title":"Stock Track | Beyond Meat Plunges Over 9% as Wider Q4 Loss and Tepid Outlook Overshadow Revenue Beat","url":"https://stock-news.laohu8.com/highlight/detail?id=1178745858","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1178745858?lang=en_us&edition=fundamental","pubTime":"2025-02-27 09:26","pubTimestamp":1740619613,"startTime":"0","endTime":"0","summary":"Beyond Meat, Inc.  experienced a 9.27% plunge in its stock price during Wednesday's pre-market session, following the release of its fourth-quarter 2024 earnings results and 2025 outlook.The plant-based meat alternative company reported a wider-than-expected loss for the fourth quarter, missing analysts' estimates. Despite a slight beat on revenue, Beyond Meat's bottom line and forward guidance disappointed investors.For the quarter ended December 2024, Beyond Meat posted an adjusted loss of $0.","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["BYND"],"gpt_icon":0},{"id":"2514927118","title":"Beyond Meat (BYND) Reports Q4 Loss, Tops Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2514927118","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514927118?lang=en_us&edition=fundamental","pubTime":"2025-02-27 06:45","pubTimestamp":1740609906,"startTime":"0","endTime":"0","summary":"Beyond Meat  came out with a quarterly loss of $0.65 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -47.73%. A quarter ago, it was expected that this plant-based meat company would post a loss of $0.44 per share when it actually produced a loss of $0.41, delivering a surprise of 6.82%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Beyond Meat , which belongs to the Zacks Food - Meat Products industry, posted revenues of $76.66 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.73%. This compares to year-ago revenues of $73.68 million. The company has topped consensus revenue estimates two times over the last four quarters.Beyond Meat shares have lost about 1.1% since the beginning of the year versus the S&P 500's gain of 1.3%.Whi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/beyond-meat-bynd-reports-q4-224506256.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BYND"],"gpt_icon":0},{"id":"2514389666","title":"Beyond Meat to Cut 6% of Workforce, Cease China Operations; Shares Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2514389666","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514389666?lang=en_us&edition=fundamental","pubTime":"2025-02-27 06:20","pubTimestamp":1740608400,"startTime":"0","endTime":"0","summary":"Beyond Meat shares fell after the company said it plans to cut jobs and cease operations in China.The stock was down 2% to $3.50 after the close on Wednesday. Shares ended the market session down 4.3% at $3.56, close to the 52-week low of $3.30. Beyond Meat's shares have plunged 64% in the last year.The plant-based meat maker said it expects to reduce its workforce in North American and Europe by about 44 employees, which represents roughly 17% of the company's non-production employees. It's about 6% of Beyond's total global workforce.The decision, which was approved by the board on Monday, was made in an effort to cut operating expenses, the company said in its fourth-quarter earnings report.Beyond expects to incur one-time charges of $1 million to $1.5 million from the job cuts, most of which will be recorded in the first quarter.Once the eliminations are complete, Beyond expects they will result in $5.5 million to $6.5 million in cash compensation operating expense savings in 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