Trade Beyond Meat Inc - BYND CFD

Beyond Meat Company profile

About Beyond Meat Inc

Beyond Meat, Inc. is a plant-based meat company. The Company sells a range of plant-based meat products across the three core platforms of beef, pork and poultry. It is offered in ready-to-cook or ready-to-heat formats. The Company’s product offerings include Beyond Burger, Cookout Classic, Beyond Sausage, Beyond Beef, Beyond Meatballs, Beyond Breakfast Sausage Patties, Beyond Breakfast Sausage Links, Beyond Beef Crumbles, Beyond Italian Sausage Crumbles and Beyond Chicken Tenders. The Company's products are available at approximately 130,000 retail and foodservice outlets in over 90 countries worldwide, across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, direct-to-consumer, and various food-away-from-home channels, including restaurants, foodservice outlets and schools. The Company’s primary production facilities are located in Columbia, Missouri, and Devault, Pennsylvania.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Beyond Meat Inc revenues increased 14% to $464.7M. Net loss increased from $52.8M to $182.1M. Revenues reflect International segment increase of 77% to $144.9M. Higher net loss reflects Selling, general and administrativ increase of 57% to $188.9M (expense), Research and development ex increase from $27.8M to $62.6M (expense).