Beyond Meat Inc. Stock News

Shares of the plant-based food producer fell roughly 30% in 2024. The company is struggling with falling revenue and wide losses.

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Beyond Meat is a leader in the alternative meat space. The company has been struggling to turn a sustainable profit.

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Sales are declining, and it is posting negative gross margins. Customer demand for fake meat products is drying up.

Beyond Meat was a Wall Street darling as meat alternatives began to gain traction a few years ago. Mediterranean-style restaurant chain Cava was a hot commodity when it went public in 2019.

Sales trends haven't stabilized, and there's no clear path back to sustainable profits. The stock could continue struggling in 2024.

Beyond Meat stock has been volatile over the years with short interest remaining high. The company remains unprofitable.

Beyond Meat went public with great fanfare. The business hasn't lived up to the market's expectations, and the stock has plummeted.

Beyond Meat grew its business with help from a wave of early adopters. The company lowered prices hoping to stimulate purchases by new customers, but that strategy hasn't worked so far.

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Sales were down at grocery stores and restaurants again this past quarter. Beyond Meat is far from generating a sustainable profit.

The struggling maker of meat substitutes has never posted a full-year profit. Its revenue peaked a couple of years ago and has since been trending lower.