Beyond Meat, Inc. (BYND) is a food company that offers plant-based meat products. The company’s product offerings include Beyond Burger, Beyond Sausage, Beyond Beef, Beyond Meatballs, Beyond Breakfast Sausage Patties, Beyond Breakfast Sausage Links, Beyond Beef Crumbles, and Beyond Italian Sausage Crumbles. It sells plant-based products across the three leading meat platforms — beef, pork, and poultry.
BYND’s EPS and revenue came in below consensus estimates in its last quarter. The company’s loss per share came in 34.2% higher than the $1.14 estimated by analysts, and its revenue was 1.4% below consensus estimates of $149.08 million. BYND recently announced that it was laying off 4% of its global workforce.
