Beyond Meat Forecasts Lower Second Quarter Revenue

Beyond Meat Inc forecast second-quarter revenue between $60 million and $65 million, missing analyst estimates of $67 million. The outlook follows a period of sluggish demand for plant-based meat products that once defined the category. Investors are monitoring the company's ability to stabilize sales as it pivots toward new protein categories to regain market momentum.

### Demand Struggles Impact Growth Outlook The revenue forecast provided on May 6 reflects ongoing challenges in reviving consumer enthusiasm for faux-meat products. Beyond Meat shares fell 9% to approximately 94 cents in late evening trading, reversing a 13% gain from the afternoon session. LSEG data confirmed the projected revenue range sits below the consensus previously established by Wall Street analysts.