Beyond Meat Gets Ground Up in Q1, Offers Hope for Q2

Motley Fool2021-05-07

Beyond Meat (NASDAQ:BYND) failed to live up to Wall Street's more optimistic first-quarter earnings forecasts, falling short on revenue and badly missing the mark on adjusted profits. The plant-based ...

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Comments

Chifield
2021-05-08
Chifield
Will be more widely acceptable if the price can be lowered to match with the current real meat prices. Otherwise it will always be a niche product.
- Pixiestars:
  Agree. Prices should be lowered.
- CcccL:
  I think it should be cheaper than real meat because it is not as good as tHe real one
CY_Ng
2021-05-08
CY_Ng
Beyond meat is trading at very high PS multiple. This kind of valuation normally only see at Tech stock. Still have risk the share price might come down.Invest in Tattooed Chef is much safer with higher growth rate.$Beyond Meat, Inc.(BYND)$$Tattooed Chef, Inc(TTCF)$
mwsi7128
2021-05-07
mwsi7128
Oh oh
wishingstar
2021-05-07
wishingstar
I still thinkbeyond meat is overpriced
SuiBianLah
2021-05-07
SuiBianLah
Amazing
- SuiBianLah:
  Amazing
Blackk
2021-05-07
Blackk
Like and comment thanks
- mwsi7128:
  comment n like back

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The segment now accounts for 25% of total revenue, down from 42% a year ago.\nIt was largely able to make up for that by continuing to expand into the retail market both here and abroad, and segment revenue jumped 28% and 189%, respectively, as its plant-based meat alternatives gained greater acceptance globally.\nNo longer frozen out\nYet Beyond Meat sees a \"slow thaw\" occurring in the foodservice sector in the U.S. and in certain international markets, which is allowing it to begin offering guidance again. It's still a tentative step, and it's only applicable to net revenue, which management sees rising between $135 million and $150 million in the second quarter.\nAt the midpoint, that's almost 26% higher than last year, and is helped by the new brand partnerships it's entered into, though new competition could eat into those projections for next quarter and beyond.\nTyson Foods (NYSE:TSN) announced last week it was launching its own line of plant-based burgers. While the protein processor has been dipping its toe into the plant-based market for some time now, a meatless patty is a direct challenge to Beyond Meat.\nIt's also not the only large, well-financed, multinational corporation entering the plant-based alternatives market. So even if Beyond Meat is able to continue expanding into new retail locations, consumers may very well be confronted by a number of meatless options when they go shopping. It could blunt the expansion that it hopes changes its trajectory.\nThrowing investors a bone\nPlant-based protein sales surged 148% last year, according to Tyson, which could be a case of an expanding pie giving more players a seat at the table. Everyone just might be able to prosper, Beyond Meat included, as the niche becomes more mainstream in the U.S. and internationally.\nThe company maintains it is \"highly focused\" on investing in and building out its production infrastructure in the U.S., the EU, and China. It's also developing new products to meet the challenge of a wider consumer palate for plant-based alternatives as well as the entry of so many competitors into the marketplace.\nYet those all come with significant costs attached, and were in large part responsible for Beyond Meat missing top- and bottom-line expectations this quarter.\nPut through a meat grinder\nStill, it's a mark of forward thinking by management that it's not allowing what are ultimately transient market conditions brought on by the pandemic to interfere with its growth plans. It's how well consumers react to the flood of options that will determine Beyond Meat's future.\nThe stock has lost almost half its value from the peak it reached earlier this year, and will likely fall further after the current earnings report, which has to be a disappointment to many. Beyond Meat just hasn't shown yet that it can do more than really nibble around the edges of its potential.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":107303357,"gmtCreate":1620442550979,"gmtModify":1704343784725,"author":{"id":"3578976238295519","authorId":"3578976238295519","authorIdStr":"3578976238295519","name":"Chifield","avatar":"https://static.tigerbbs.com/35652f65436cad86ed1f7c0d94afae69","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578976238295519"},"htmlText":"Will be more widely acceptable if the price can be lowered to match with the current real meat prices. Otherwise it will always be a niche product.","listText":"Will be more widely acceptable if the price can be lowered to match with the current real meat prices. Otherwise it will always be a niche product.","text":"Will be more widely acceptable if the price can be lowered to match with the current real meat prices. Otherwise it will always be a niche product.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/107303357","repostId":2133500490,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4261823,"gmtCreate":1620456084269,"gmtModify":1680787603564,"authorId":3581832720375359,"author":{"id":3581832720375359,"authorId":3581832720375359,"name":"Pixiestars","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107303357,"type":1,"supId":0,"prevId":0,"content":"Agree. Prices should be lowered.","text":"Agree. Prices should be lowered.","html":"Agree. Prices should be lowered."},{"id":4262884,"gmtCreate":1620469305640,"gmtModify":1663226445127,"authorId":3566877420609993,"author":{"id":3566877420609993,"authorId":3566877420609993,"name":"CcccL","avatar":"https://static.tigerbbs.com/27eb54773a8f0b3851def7cabc15cb0e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":107303357,"type":1,"supId":0,"prevId":0,"content":"I think it should be cheaper than real meat because it is not as good as tHe real one","text":"I think it should be cheaper than real meat because it is not as good as tHe real one","html":"I think it should be cheaper than real meat because it is not as good as tHe real one"}],"langContent":"EN"},{"id":104784931,"gmtCreate":1620427343623,"gmtModify":1704343443862,"author":{"id":"3562206499105387","authorId":"3562206499105387","authorIdStr":"3562206499105387","name":"CY_Ng","avatar":"https://static.tigerbbs.com/eba016392472f02387b5ae5505dbc524","vip":2,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"3562206499105387"},"htmlText":"Beyond meat is trading at very high PS multiple. This kind of valuation normally only see at Tech stock. Still have risk the share price might come down.Invest in Tattooed Chef is much safer with higher growth rate.<a href=\"https://laohu8.com/S/BYND\">$Beyond Meat, Inc.(BYND)$</a><a href=\"https://laohu8.com/S/TTCF\">$Tattooed Chef, Inc(TTCF)$</a>","listText":"Beyond meat is trading at very high PS multiple. This kind of valuation normally only see at Tech stock. Still have risk the share price might come down.Invest in Tattooed Chef is much safer with higher growth rate.<a href=\"https://laohu8.com/S/BYND\">$Beyond Meat, Inc.(BYND)$</a><a href=\"https://laohu8.com/S/TTCF\">$Tattooed Chef, Inc(TTCF)$</a>","text":"Beyond meat is trading at very high PS multiple. This kind of valuation normally only see at Tech stock. Still have risk the share price might come down.Invest in Tattooed Chef is much safer with higher growth rate.$Beyond Meat, Inc.(BYND)$$Tattooed Chef, Inc(TTCF)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104784931","repostId":2133500490,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104577443,"gmtCreate":1620400850482,"gmtModify":1704343238797,"author":{"id":"3577516504779986","authorId":"3577516504779986","authorIdStr":"3577516504779986","name":"mwsi7128","avatar":"https://static.tigerbbs.com/2de12058e4995503d289303fb0b984fc","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":6,"crmLevelSwitch":0,"idStr":"3577516504779986"},"htmlText":"Oh oh","listText":"Oh oh","text":"Oh oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104577443","repostId":2133500490,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104552752,"gmtCreate":1620399575976,"gmtModify":1704343205794,"author":{"id":"3569924645980570","authorId":"3569924645980570","authorIdStr":"3569924645980570","name":"wishingstar","avatar":"https://static.tigerbbs.com/33d7b13f080980449224c22c62e34653","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3569924645980570"},"htmlText":"I still thinkbeyond meat is overpriced","listText":"I still thinkbeyond meat is overpriced","text":"I still thinkbeyond meat is overpriced","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104552752","repostId":2133500490,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104561071,"gmtCreate":1620398350593,"gmtModify":1704343173110,"author":{"id":"3570006863558943","authorId":"3570006863558943","authorIdStr":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3570006863558943"},"htmlText":"Amazing","listText":"Amazing","text":"Amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104561071","repostId":2133500490,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4254661,"gmtCreate":1620398363557,"gmtModify":1680787488517,"authorId":3570006863558943,"author":{"id":3570006863558943,"authorId":3570006863558943,"name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104561071,"type":1,"supId":0,"prevId":0,"content":"Amazing","text":"Amazing","html":"Amazing"}],"langContent":"EN"},{"id":104569738,"gmtCreate":1620398301124,"gmtModify":1704343172288,"author":{"id":"3572770726668540","authorId":"3572770726668540","authorIdStr":"3572770726668540","name":"Blackk","avatar":"https://static.tigerbbs.com/93d9bfa23cdea8af3308e34dedf35d9e","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3572770726668540"},"htmlText":"Like and comment thanks&nbsp;","listText":"Like and comment thanks&nbsp;","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104569738","repostId":2133500490,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4255139,"gmtCreate":1620400860721,"gmtModify":1680787494834,"authorId":3577516504779986,"author":{"id":3577516504779986,"authorId":3577516504779986,"name":"mwsi7128","avatar":"https://static.tigerbbs.com/2de12058e4995503d289303fb0b984fc","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104569738,"type":1,"supId":0,"prevId":0,"content":"comment n like <u>back</u>","text":"comment n like <u>back</u>","html":"comment n like <u>back</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":45,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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