00:00It's Benzinga bringing Wall Street to Main Street.
00:02Beyond Meat shares fell in after hours trading on Monday after the company delayed filing its
00:072025 annual report, according to Benzinga. The company said it needs more time to review
00:12inventory balances, including provisions for excess and obsolete inventory. Management expects
00:18to report a material weakness in internal controls tied to inventory accounting as of
00:23December 31, 2025. The company is developing a remediation plan and continues work on its
00:29financial close. Beyond Meat plans to report fourth quarter and full year results after the market
00:34close on March 25th. The company expects fourth quarter revenue of about $61 million and full
00:40year revenue of about $275 million. Shares were down by 4.73% at 77 cents in Tuesday's pre-market
00:49trading, according to data from Benzinga Pro. For all things money, visit Benzinga.com.
Comments