Beyond Meat forecasts upbeat quarterly revenue on steady international demand Wed, August 5, 2026 at 10:57 PM UTC 0 Aug 5 (Reuters) Faux meatproducts maker Beyond Meat forecast thirdquarter revenue above Wall Street estimates on Wednesday, as resilient demand in its international segment helped counter declining U.S. sales. Here are the details: • Beyond Meat, which struggled to revive the initial enthusiasm for its plantbased products, has been rolling out new products such as Beyond Immerse protein drinks to drum up demand.
Beyond Meat forecasts upbeat quarterly revenue on steady international demand
Wed, August 5, 2026 at 10:57 PM UTC
0
Aug 5 (Reuters) - Faux meat-products maker Beyond Meat forecast third-quarter revenue above Wall Street estimates on Wednesday, as resilient demand in its international segment helped counter declining U.S. sales.
Here are the details:
• Beyond Meat, which struggled to revive the initial enthusiasm for its plant-based products, has been rolling out new products such as Beyond Immerse protein drinks to drum up demand.
• The company expects third-quarter revenue of $60 million to $65 million, the midpoint of which is above analysts' average estimate of $62.2 million, according to data compiled by LSEG.
• Quarterly loss came in at 9 cents per share on an adjusted basis, compared with a loss of 39 cents a year ago.
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• Beyond Meat posted revenue of $68.8 million for the second quarter, beating estimates of $62.4 million.
• Sales at its international retail segment rose 16.5% in the quarter ended June 30 from a year ago.
• The company posted a 14.4% fall in its quarterly U.S. sales, hurt by weaker consumer spending and a preference for healthier alternatives.
• Beyond Meat's shares, which experienced a meme-stock frenzy last year, were down 3% in extended trading following the results.
(Reporting by Koyena Das in Bengaluru; Editing by Shreya Biswas)
Source: "AOL Money"
Source: Money
Published: August 6, 2026 at 02:18AM on Source: MORNING MAG
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