Forecast Of The Day: Beyond Meat Frozen Retail Product Sales

-12.94%
Downside
8.29
Market
7.22
Trefis
BYND: Beyond Meat logo
BYND
Beyond Meat

What?

Beyond Meat (NASDAQ:BYND) Frozen Retail Product Sales rose from around 1.8 million pounds in 2019 to about 2.2 million pounds in 2020. Trefis expects the metric to remain roughly flat in the coming years.

Why?

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The company has been focusing more on its fresh products while discontinuing some frozen products which have lower margins.

So What?

Despite the sluggish projected sales in frozen products, we expect Beyond Meat’s revenue to rise consistently in the coming years, driven by rising fresh product sales.

See Our Complete Analysis For Beyond Meat

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 Returns Jan 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 BYND Return -8% -8% -20%
 S&P 500 Return -9% -9% 94%
 Trefis MS Portfolio Return -14% -14% 243%

[1] Month-to-date and year-to-date as of 1/27/2022
[2] Cumulative total returns since the end of 2016

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