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.

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