Beyond Meat pre-announces Q3 revenue ~$70M, expects material non-cash impairment charge

BEYOND MEAT, INC.

2025-Q3 EPS reported -$2.52 revenue$213,907,000

Preliminary Q3 net revenue ~$70M, in line with guidance of $68-73M.
Gross margin 10-11% (incl. $1.7M China suspension costs); ex-items 12-13%.
Operating expenses $41-43M (incl. $2M non-routine charges); ex-items $39-41M.
Material non-cash impairment charge on long-lived assets expected, amount not yet quantified.
Arbitrator issued interim award finding Beyond Meat validly terminated co-manufacturer; manufacturer's request to reopen hearing denied.

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