Beyond Meat Reports Q3 Revenue In Line With Guidance Amid China Operation Shutdown

Beyond Meat anticipates its third-quarter 2025 net revenue to be approximately $70 million, aligning with previous guidance and slightly exceeding some analyst expectations. Despite this revenue stability, the company expects a gross margin of 10% to 11%, which is lower than the anticipated 13.8%, even after adjusting for $1.7 million in costs related to scaling down operations in China. Beyond Meat also faces a significant, though as yet unspecified, non-cash impairment charge due to asset value write-downs reflecting that some long-term assets exceed their recoverable value. Operating expenses are projected between $41 million and $43 million, including charges for legal disputes and lease terminations. The company reports progress in arbitration with a former co-manufacturer, with a recent ruling supporting Beyond Meat's contract termination and limiting damages, though some proceedings remain ongoing. These developments indicate that while Beyond Meat maintains revenue targets, it continues to manage profitability pressures and operational restructuring challenges.