In conjunction with this announcement, Beyond Meat provided preliminary estimated results for the fourth quarter of 2025. The company anticipates net revenues of approximately $61 million for the quarter, aligning with its previous guidance range of $60 million to $65 million. For the full year, net revenues are expected to be around $275 million.
These preliminary figures are subject to change as the company completes its financial closing procedures and undergoes an audit. The final results may differ from these estimates, and any adjustments could be material. The company’s independent registered public accounting firm has not yet audited or reviewed these preliminary results, which means no assurance can be provided regarding their accuracy.
The delay in filing the 10-K and the ongoing review of inventory controls have raised concerns about the effectiveness of the company's internal control over financial reporting. Management has acknowledged the existence of a material weakness in these controls as of December 31, 2025, and is currently developing a remediation plan.
Investors are advised to stay tuned for the upcoming earnings report, which is scheduled for March 25, 2026, where the company will provide more detailed financial results and insights into its operational performance. The conference call will be held at 5:00 p.m. Eastern Time, and interested parties can participate by dialing 412-902-4255.