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Beyond Meat’s quarterly loss widens as costs increase and demand softens
Beyond Meat’s Q3FY25 loss widened to $73 million as revenue fell 9% amid soft U.
Plant-based food producer Beyond Meat reported a wider Q3FY25 net loss of $73 million compared to $66 million a year ago, missing Wall Street’s revenue estimates. Revenue declined 9% to $72.9 million due to lower U.S. retail demand and elevated logistics costs. Gross margin fell to 6% from 15% as pricing pressures intensified. The company forecast Q4 sales between $70–$75 million, below analysts’ expectations.
CEO Ethan Brown said cost optimization and international expansion remain priorities as category recovery continues to lag broader consumer demand.