Business
Beyond Meat® to Delay Reporting Fourth Quarter and Full Year 2025 Financial Results Until March 31, 2026
Conference Call to be Held at 5:00 PM Eastern, 2:00 PM Pacific on March 31, 2026 EL SEGUNDO, Calif., March 25, 2026 (GLOBE NEWSWIRE) -- Beyond Meat, Inc.
About this update from Beyond Meat, Inc.
[{"type":"text","content":"Conference Call to be Held at 5:00 PM Eastern, 2:00 PM Pacific on March 31, 2026\nEL SEGUNDO, Calif., March 25, 2026 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™ (the “Company”), announced today that it is rescheduling the reporting of its financial results for the fourth quarter and full year ended December 31, 2025 until Tuesday, March 31, 2026 after market close. As previously announced, the Company is in the process of completing its fourth quarter and year-end financial close procedures and in addition to other previously identified material weaknesses, the Company determined that a material weakness in internal control over financial reporting existed as of December 31, 2025, related to controls associated with the accounting for its inventory provision, including amounts recorded for the provision of excess and obsolete inventory. As part of its fourth quarter and year-end financial close procedures, and in reviewing the impact of the identified material weaknesses on the Company’s financial statements, the Company identified certain errors related to its previously issued financial statements for 2025. Specifically, for the first three quarters of 2025, the errors resulted in an understatement of cost of goods sold and certain selling, general and administrative expenses, and an overstatement of loss from impairment in the third quarter of 2025. Management currently believes that the errors are immaterial to the previously issued quarterly financial statements for the first three quarters of 2025 and will be corrected prospectively when the Company files its quarterly reports in fiscal 2026. The Company requires additional time to complete its analysis and expects to provide additional information regarding the prospective corrections in Item 9B Other Information of the Company’s Form 10-K expected to be filed on March 31, 2026. The Company now expects to host a conference call to discuss its fourth quarter and full year 2025 financial results at 5:00 p.m. Eastern, 2:00 p.m. Pacific on Tuesday, March 31, 2026. Investors interested in participating in the live call can dial 412-902-4255. The Company also expects to file its Annual Report on Form 10-K for the full year ended December 31, 2025 that same day after market close. About Beyond Meat Beyond Meat, Inc. ...