earnings
confidence high
sentiment negative
materiality 0.70
Beyond Meat corrects Q2 SG&A error, reduces expenses by $3.9M; revenue down 19.6%
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% prior year.
- Corrected SG&A $37.7M for Q2 ($41.6M originally) and $85.4M YTD ($89.3M originally).
- Loss from operations $34.9M (operating margin -46.6%) vs $33.9M loss year ago.
- Charges: $1.7M China suspension costs; $2.5M arbitration legal expenses with ex-co-manufacturer.
- Correction resulted from amortizing $4.5M in certain non-routine SG&A expenses over 12-24 months.