Overview
- Beyond Meat rescheduled its third‑quarter 2025 results to Nov. 11 after market close, with a conference call set for 5 p.m. ET.
- The company says the impairment will be material but not yet reasonably quantifiable, following a preliminary ASC 360 test indicating certain long‑lived assets are not recoverable.
- Shares fell about 16% on Nov. 3 to close near $1.39 after the timing shift, extending a steep pullback from a brief retail‑driven rally.
- Kirby McInerney LLP opened an investigation into potential securities claims tied to the Oct. 24 impairment disclosure and the Nov. 3 delay, noting sharp price drops on both dates.
- Beyond Meat previously signaled Q3 revenue around $70 million with gross margin of roughly 10%–11%, and investors are also weighing heavy dilution from an October debt exchange that expanded the share count.