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Beyond Meat (BYND) Q4 2022 earnings

Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019.Mike Blake | ReutersBeyond Meat on Thursday reported a narrower-than-expected loss for its fourth quarter, despite its sales sinking more than 20%.Shares of the company climbed 14% in after-hours trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Net loss per share: $1.05 vs. $1.18 expectedRevenue: $79.9…

Beyond Meat Hires Marketing Executive, Revamps Retail Strategy

Beyond Meat Inc. BYND 19.15% is revamping its retail sales strategy to center on five major grocers and hiring a new marketing executive as part of an effort to reinvigorate the plant-based food maker’s business.The California-based company is orienting its retail business around Kroger Co. , Walmart Inc., WMT -0.73% Publix Super Markets Inc., Costco Wholesale Corp.…

Beyond Meat’s Chief Brand Officer Beth Moskowitz Leaves Company

Beyond Meat Inc. BYND -0.57% executive Beth Moskowitz, who led the plant-based burger maker’s branding efforts, is departing the company, according to internal company communications. Ms. Moskowitz’s departure is the latest shake-up to Beyond’s executive ranks and follows a tumultuous year for the faux meat pioneer, during which the company shed several other top executives and hundreds of employees as it took steps to stabilize its…

Beyond Meat’s Very Real Problems: Slumping Sausages, Mounting Losses

Beyond Meat Inc. BYND -1.26% was moving into its new 300,000-square-foot headquarters in the Los Angeles area last month when it laid off about one-fifth of its workforce, the second round this year. Ethan Brown, the company’s chief executive and founder, assured employees at a town hall a day later that a more focused version of his plant-based food company would thrive. He compared Beyond to Starbucks Corp.…

Beyond Meat Reports Weak Sales and Mounting Losses

Beyond Meat Inc. reported tumbling sales and growing losses in its most recent quarter, as executives said inflation added to challenges facing the plant-based food company.The California-based company reported a $102 million net loss for the three months ended Oct. 1, while revenue fell to $83 million, down 23% from the year-ago period. The revenue drop comes as the company has cut prices to boost sales during a period of steep food-price inflation, and amid what Beyond said was weaker than expected demand.…

Beyond Meat (BYND) Q3 2022 earnings

Beyond Meat "Beyond Burger" patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City.Angela Weiss | AFP | Getty ImagesBeyond Meat on Wednesday reported a wider-than-expected loss for its third quarter as demand for its meat substitutes tumbled.Shares of the company bounced around in after-hours trading. The stock closed down 9% on Wednesday.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Loss per share:…

Beyond Meat COO Doug Ramsey Leaves Company After Allegedly Biting Man’s Nose

Beyond Meat Inc. BYND -4.06% parted ways with its operating chief, who had been suspended after being arrested for allegedly biting a man’s nose and threatening to kill him. The plant-based meat company said Friday in a securities filing that Chief Operating Officer Doug Ramsey was no longer with the company. Beyond Meat suspended the executive last month after his arrest following what authorities said was a fight in an Arkansas…