Company Of The Day: Beyond Meat

+0.61%
Upside
6.49
Market
6.53
Trefis
BYND: Beyond Meat logo
BYND
Beyond Meat

What?

Beyond Meat (NASDAQ:BYND) posted a tough set of Q1 2022 results, with net losses standing at $100.5 million, compared to $27.3 million a year earlier.

Why?

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The wider loss came as the launch of the company’s new plant-based jerky drove up costs, while the company also offered more discounts to international consumers.

So What?

While BYND stock tanked by 25% post the earnings publication on Wednesday, it largely recovered the losses with a big rally on Friday.

See Our Complete Analysis For Beyond Meat

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

Returns May 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 BYND Return -15% -52% -59%
 S&P 500 Return -3% -16% 80%
 Trefis Multi-Strategy Portfolio -4% -20% 218%

[1] Month-to-date and year-to-date as of 5/16/2022
[2] Cumulative total returns since the end of 2016

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