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Beyond Meat, Inc. (BYND)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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157.19+8.39 (+5.64%)
As of 9:43AM EDT. Market open.
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Previous Close148.80
Open150.53
Bid148.40 x 1300
Ask150.57 x 1200
Day's Range150.38 - 158.44
52 Week Range48.18 - 167.16
Volume1,025,212
Avg. Volume4,862,028
Market Cap9.815B
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • Beyond Meat® to More Than Double Retail Distribution of Beyond Breakfast Sausage® Patties
    GlobeNewswire

    Beyond Meat® to More Than Double Retail Distribution of Beyond Breakfast Sausage® Patties

    Additional distribution at nearly 5,000 locations including Kroger, Super Target and Walmart will make the better-for-you plant-based breakfast option more accessible than ever Beyond Breakfast Sausage Casserole Beyond Meat, Inc.EL SEGUNDO, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, continues its efforts to increase accessibility to plant-based meat with the announcement that its popular frozen Beyond Breakfast Sausage® Patties are expanding to select Kroger, Super Target, Walmart, Publix and Harris Teeter stores by the end of September. As demand for plant-based meat continues to rise, this expansion complements the company’s expansive retail presence at approximately 26,000 retail outlets across the U.S. in which consumers have made their preference for Beyond Meat clear: according to the latest 4-week SPINS data ending 8/9/20, Beyond Meat was the 1 selling brand in all refrigerated plant-based meat.“Following the initial release of our Beyond Breakfast Sausage Patties at retailers earlier this year, we heard an enthusiastic and overwhelmingly positive response from consumers who asked for increased availability,” said Chuck Muth, Chief Growth Officer, Beyond Meat. “We’re thrilled to be able to make delicious and nutritious plant-based meat with no GMOs more available nationwide, giving our consumers another convenient option to Go Beyond® any time of day.”Perfect for busy mornings, Beyond Breakfast Sausage Patties are a quick and convenient plant-based option that goes from frozen to finished in under five minutes. With flavor notes like sage and black pepper, Beyond Breakfast Sausage Patties are designed to taste like pork breakfast sausage patties, unlocking even more breakfast choices to power your day.Beyond Breakfast Sausage patties have: * 11g of protein per serving (two patties), derived from peas and brown rice * 50% less total fat and 35% less saturated fat and sodium than a leading brand of pork breakfast sausage patties * No cholesterol, nitrates, nitrites, antibiotics or hormones * No GMOs, soy or gluten * Certified Kosher and Halal Beyond Meat’s vision is to be a global protein company capable of serving consumers’ growing demand for delicious, nutritious and sustainable protein. Recently, the findings from a clinical study using Beyond Meat’s plant-based products were published in The American Journal of Clinical Nutrition. In the study conducted at Stanford University, researchers evaluated the impact of replacing animal-based meat with plant-based meat over an 8-week period on cholesterol levels (including LDL), heart disease risk factors including TMAO levels, and body weight, and found improvement in key health metrics when participants replaced animal-based meat with plant-based meat. The results provide yet another data point in a growing field of research about how plant-based meat can help people live healthier lives, and Beyond Meat is committed to supporting further academic and scientific study into the impacts of plant-based meats on health.This news follows an exciting year of growth for Beyond Meat, whose products are available at approximately 112,000 retail and foodservice outlets in 85 countries worldwide. Most recently, the company launched Beyond Meatballs™ at grocery stores nationwide, providing yet another convenient, delicious plant-based meat option for at-home cooking.Ready to try Beyond Breakfast Sausage patties for yourself? Find them at your local grocer in the freezer aisle (MSRP $4.99).About Beyond Meat Beyond Meat, Inc. (NASDAQ: BYND) is one of the fastest growing food companies in the United States, offering a portfolio of revolutionary plant-based meats. Founded in 2009, Beyond Meat has a mission of building meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating its plant-based meat products. Beyond Meat’s brand commitment, Eat What You Love™, represents a strong belief that by eating its portfolio of plant-based meats, consumers can enjoy more, not less, of their favorite meals, and by doing so, help address concerns related to human health, climate change, resource conservation and animal welfare. Beyond Meat’s portfolio of plant-based proteins were available at approximately 112,000 retail and foodservice outlets in 85 countries worldwide as of June 27, 2020. Visit www.BeyondMeat.com and follow @BeyondMeat, BeyondBurger and GoBeyond on Facebook, Instagram and Twitter.Forward Looking Statements Certain statements in this release constitute “forward-looking statements.” These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 19, 2020, and the Company’s Quarterly Report on Form 10-Q for the quarter ended June 27, 2020 filed with the SEC on August 11, 2020, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements.Media Contact Allison Aronoff aaronoff@beyondmeat.comA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9753b69e-3410-4e6f-a68e-e41abfa16cfc.

  • Beyond Meat® Introduces Beyond Meatballs™ at Grocery Stores Nationwide Making Plant-Based Meal Prep Easier Than Ever
    GlobeNewswire

    Beyond Meat® Introduces Beyond Meatballs™ at Grocery Stores Nationwide Making Plant-Based Meal Prep Easier Than Ever

    Beyond Meat, Inc. Beyond Meat, Inc.Perfectly seasoned, pre-rolled and ready to simmer in your favorite sauce, the better-for-you Beyond Meatballs make for a deliciously satisfying and convenient plant-based meal Fans in Los Angeles and New York can be among the first to experience the plant-based goodness at an exclusive Beyond Meatball Shop pop-up on September 16EL SEGUNDO, Calif., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, today announced that Beyond MeatballsTM will be rolling into grocery stores nationwide starting this week. With more consumers looking for nutritious options that are delicious and easy to prepare,1 Beyond Meatballs are conveniently pre-seasoned with a signature blend of Italian spices, pre-rolled and ready to cook. The nutritious plant-based meatballs are made from simple, plant-based ingredients with no GMOs, soy, gluten or synthetic ingredients and have 30% less saturated fat and sodium.2Beyond Meatballs will be launching at grocery stores nationwide including Whole Foods Market, Stop & Shop, Sprouts, Harris Teeter, Kroger, Albertsons, and others by early October. Sold in the fresh meat section with a suggested retail price of $6.99 for 12 meatballs, Beyond Meatballs have a juicy, meaty taste and texture, with a versatile flavor profile perfect for pastas, sandwiches, pizzas, soups and more.After the launch of Beyond Breakfast Sausage® and Cookout Classic™, Beyond Meatballs are the third new retail product introduced in 2020 and the latest addition to the company’s growing portfolio. Beyond Meat’s expansive retail presence spans approximately 26,000 outlets across the U.S. and consumers have made their preference for Beyond Meat clear: according to the most recent SPINS data for the latest 4-week period ending August 9, 2020, Beyond Meat was the 1 selling brand in refrigerated plant-based meat.“We’re thrilled to introduce Beyond Meatballs as they deliver on consumers’ growing demand for delicious and nutritious plant-based meat options without GMOs or synthetic ingredients,” said Stuart Kronauge, Chief Marketing Officer, Beyond Meat. “We are proud to introduce our newest innovation at retailers nationwide and know our fans will be excited about the great taste and convenience of Beyond Meatballs.”Compared to a leading brand of animal-based Italian-style meatballs, Beyond Meatballs have: * 19g of plant-based protein, derived from peas and brown rice * 30% less saturated fat and sodium * No cholesterol, antibiotics or hormonesRecently, the findings from a clinical study using Beyond Meat’s plant-based products were published in the American Journal of Clinical Nutrition. In the study conducted at Stanford University, researchers evaluated the impact of replacing animal-based meat with plant-based meat over an 8-week period on cholesterol levels (including LDL), heart disease risk factors including TMAO levels, and body weight, and found improvement in key health metrics when participants replaced animal-based meat with plant-based meat. The results provide yet another data point in a growing field of research about how plant-based meat can help people live healthier lives, and Beyond Meat is committed to supporting further academic and scientific study into the impacts of plant-based meats on health.Have a Ball, On Us To celebrate the launch of Beyond Meatballs rolling out at grocery stores coast-to-coast, Beyond Meat is giving fans a chance to be among the first to try its newest product before it’s available in stores at an exclusive 1-day only pop-up shop in LA & NYC. Fans on the East and West coasts can visit this one-of-a-kind experience to receive a free Beyond Meatball Hero or Beyond Meatballs and Spaghetti, for takeout only. Advanced reservations are required via The Beyond Meatball Shop’s LA and NYC pages on Resy, while supplies last. Not in LA or NY and still want to try Beyond Meatballs? Sign up for the Beyond Meat newsletter for access to exclusive offers and more.About Beyond Meat Beyond Meat, Inc. (NASDAQ: BYND) is one of the fastest growing food companies in the United States, offering a portfolio of revolutionary plant-based meats. Founded in 2009, Beyond Meat has a mission of building meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating its plant-based meat products. Beyond Meat’s brand commitment, Eat What You Love™, represents a strong belief that by eating its portfolio of plant-based meats, consumers can enjoy more, not less, of their favorite meals, and by doing so, help address concerns related to human health, climate change, resource conservation and animal welfare. Beyond Meat’s portfolio of plant-based proteins were available at approximately 112,000 retail and foodservice outlets in 85 countries worldwide as of June 27, 2020. Visit www.BeyondMeat.com and follow @BeyondMeat, BeyondBurger and GoBeyond on Facebook, Instagram and Twitter.Forward Looking Statements Certain statements in this release constitute “forward-looking statements.” These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 19, 2020, and the Company’s Quarterly Report on Form 10-Q for the quarter ended June 27, 2020 filed with the SEC on August 11, 2020, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements.Media Contact Allison Aronoff aaronoff@beyondmeat.com1 Innova Market Insights, Top Trends 2020 2 As compared to a leading brand of animal-based Italian-style meatballsA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5c56b0d-272b-4ba7-8cfb-790b4aff9ce9

  • GlobeNewswire

    Beyond Meat, Inc. Announces Historic Agreement to Bring Production of Plant-Based Meat for the China Market to Jiaxing EDZ, China, a Strategic Location Near Shanghai

    SHANGHAI, China, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Beyond Meat (Jiaxing) Food Co., Ltd., a wholly-owned subsidiary of Beyond Meat, Inc. (NASDAQ: BYND), has signed an agreement with Jiaxing Economic & Technological Development Zone (JXEDZ) to design and develop manufacturing facilities in the JXEDZ, including a state-of-the-art production facility to manufacture plant-based meat products including beef, pork and chicken under the Beyond Meat brand in China. The production facilities will be located in the JXEDZ, a historic and commercially important development zone with ready access to Shanghai. Beyond Meat, Inc. will be the first multinational company focused solely on plant-based meat production to bring its own major production facility into China.Micky Pant, Senior Advisor to Beyond Meat said: "Beyond Meat is building the perfect road to long term success in China. It has the confidence to set up dedicated, cutting edge production capacity via a wholly-owned subsidiary, located on the mainland close to Shanghai. The JXEDZ is a visionary and proactive partner with an excellent record in supporting the food industry.""China is one of the world's largest markets for animal-based meat products, and potentially for plant-based meat," said Ethan Brown, CEO and founder of Beyond Meat. "We are delighted and confident that after several months of productive and collaborative discussions, we will partner with the JXEDZ to develop two production facilities, including one of the world's largest and technologically advanced plant-based meat factories. We are very impressed by the capabilities and vision of the JXEDZ and they are the ideal partner for us in this vitally important country and market." Candy Chan, General Manager for Beyond Meat in China added: "With its expertise in the food industry, proximity to Shanghai, and excellent logistics and people capabilities, the JXEDZ will be the perfect partner and location for our ambitious plans for the China market." Mr. SHENG, Director General of the Administrative Committee of the Jiaxing Economic & Technological Development Zone, welcoming the cooperation and partnership said, "We are very happy to welcome Beyond Meat to our Economic Development Zone and to China. It is our vision to support high-quality investors in starting their ventures in China, and we are aligned with the vision of Beyond Meat to bring new, high technology food products that are nutritious and environmentally friendly to the Chinese market. We look forward to a long relationship and mutually beneficial partnership with this dynamic new age company."Work is ongoing on the project, and trial production is expected to commence within months with full scale production in early 2021. China is expected to be one of the most important markets in the world for Beyond Meat, as a production and R&D center, and as a major market in the years to come.Media ContactsUS: Shira Zackai (szackai@beyondmeat.com)About Beyond MeatBeyond Meat, Inc. (NASDAQ: BYND) is one of the fastest growing food companies in the United States, offering a portfolio of revolutionary plant-based meats. Founded in 2009, Beyond Meat has a mission of building meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating its plant-based meat products. Beyond Meat's brand commitment, Eat What You Love™, represents a strong belief that by eating its portfolio of plant-based meats, consumers can enjoy more, not less, of their favorite meals, and by doing so, help address concerns related to human health, climate change, resource conservation and animal welfare. Beyond Meat’s portfolio of plant-based proteins was available at approximately 112,000 retail and foodservice outlets in 84 countries worldwide as of June 27, 2020. Visit www.BeyondMeat.com and follow @BeyondMeat, BeyondBurger and GoBeyond on Facebook, Instagram and Twitter.Forward Looking StatementsCertain statements in this release constitute "forward-looking statements." These statements are based on management's current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2019 filed with the U.S. Securities and Exchange Commission ("SEC") on March 19, 2020, and the Company's Quarterly Report on Form 10-Q for the quarter ended June 27, 2020 filed with the SEC on August 11, 2020, as well as other factors described from time to time in Beyond Meat's filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements.