BEYOND MEAT, INC. (BYND): restructuring charge — Beyond Meat Q2 revenue down 19.6% to $75M; loss from ops $38.8M; cuts 6% workforce

BEYOND MEAT, INC.

2025-Q2 EPS reported -$1.08 revenue$143,689,000

Net revenues $75.0M, down 19.6% YoY; gross margin 11.5% vs 14.7% last year.
Net loss $33.2M ($0.43 per share) vs $34.5M ($0.53) loss in prior year period.
Reduces North American workforce by ~44 employees (6% of global); $0.8-1.3M charges in Q3 2025; expects $5-6M annual cash savings.
Appoints John Boken (AlixPartners) as interim Chief Transformation Officer; monthly fee of $215,000.

item 2.02 item 2.05 item 5.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

BEYOND MEAT, INC. announced a restructuring with charges of One-time cash charges of $0.8 million to $1.3 million primarily consisting of severance payments, employee benefits and related costs in connection with reducti affecting North America (44 employees).

Type: restructuring
Charge: One-time cash charges of $0.8 million to $1.3 million primarily consisting of severance payments, employee benefits and related costs in connection with reducti
Affected area: North America
Headcount: 44 employees

Exact text from the filing

On August 6, 2025, management of the Company approved a plan to reduce the Company’s current workforce in North America by approximately 44 employees, representing approximately 6% of the Company’s total global workforce. This decision was based on cost-reduction initiatives intended to reduce cost of goods sold and operating expenses. The Company estimates that it will incur one-time cash charges of approximately $0.8 million to $1.3 million in connection with the reduction in force, primarily consisting of severance payments, employee benefits and related costs, in all cases, provided to departing employees.

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2 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

BEYOND MEAT, INC. filing history →

Source: SEC EDGAR

accession 0001655210-25-000149

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