Beyond Meat announces 1-for-30 reverse stock split
The split aims to regain Nasdaq listing compliance and becomes effective August 13, 2026, with trading on a split-adjusted basis starting August 14.
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Plant-based meat producer
beyondmeat.comLast updated
In short: Beyond Meat reported a Q2 revenue decline, executed a reverse stock split, and pivoted toward protein drinks.
The split aims to regain Nasdaq listing compliance and becomes effective August 13, 2026, with trading on a split-adjusted basis starting August 14.
Net revenues declined 8.2% to $68.8 million; net income was $16.4 million, boosted by a $57.7 million non-cash gain on debt extinguishment.
The earnings call will be at 5 p.m. ET on August 5, 2026.
Following a successful DTC launch, the whole-cut filet debuts in retail with clean ingredients and 28g protein.
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Beyond Meat's net revenues exceeded expectations in Q2 2026, and I have increased my full year projections by $20 million.
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