Beyond Meat sees US sales slide as Europe and Canada grow
Beyond Meat said US retail and foodservice demand remains pressured, though Europe and Canada delivered double-digit retail growth year over year. Q2 net revenue fell 8.2% to $68.8 million and volumes declined 9.5%. Net income rose to $16.4 million after a $57.7 million non-cash convertible notes gain. Q3 2026 net revenue guidance is $60–65 million as it invests to stabilize the US.