Weak demand drives Beyond Meat down
US based Beyond Meat reported a 20% year-on-year fall in fourth-quarter revenue to $61.60 million (€56.80 million), missing expectations, according to Reuters.
The decline was driven by weaker demand and reduced sales to quick-service restaurant customers in the US and international markets. Earnings per share came in at a loss of $0.29 (€0.27).
Results were also impacted by restructuring charges, including product line reductions and asset write-downs, as well as higher material costs.
Beyond Meat expects first-quarter 2026 revenues of $57 million to $59 million (€52.50 million to €54.40 million), citing continued market uncertainty.
A 2026 analysis by The Economist noted that sales of meat alternatives have stalled in key markets, with the sector shifting focus towards stabilising revenues and improving margins.
