Beyond Meat Announces Availability of Beyond Steak Filet At Erewhon

Beyond Meat Inc. (BYND) launched its Beyond Steak Filet at Erewhon stores in Southern California. The plant-based steak contains 28g of protein, 3g of fiber, and 1g of saturated fat per serving, and has received Clean Label Project and Non-GMO certifications. The product was previously launched at Wegmans, H-E-B, and Meijer stores.

Beyond Meat (BYND) shares fell 22% in August despite beating Q2 earnings expectations. Revenue declined 8% YoY to $68.8M, but GAAP net profit turned positive due to a one-time accounting gain. The company also executed a 1-to-30 reverse stock split to meet Nasdaq listing requirements.

Build-A-Bear Workshop's Q2 2026 earnings missed projections due to product innovation missteps and macroeconomic challenges. Revenue declined, but average units per transaction increased. The company lowered full-year revenue guidance to $500M-$525M, citing traffic uncertainty and lost wholesale programs. Management expects improvement in the second half and plans to open 50+ new locations. Tariffs and geopolitical risks are ongoing concerns.

Beyond Meat (BYND) stock fell 13% after reporting Q1 revenue of $58.2M, down 15.3% YoY, and forecasting Q2 revenue below estimates. Despite a net loss of $28.5M, gross margin turned positive at 3.4%. The company plans to expand into new product categories and reposition its brand. Retail sentiment on Stocktwits turned bullish, with traders expressing optimism about future growth.

Beyond Meat (BYND) fell 11% to $11.99 after a 1-for-30 reverse stock split, aiming to meet Nasdaq's minimum price requirement by August 31. The split adjusted convertible notes and warrants but did not change the company's business fundamentals. Oatly (OTLY) and Vital Farms (VITL) showed mixed performance, with the broader sector relatively stable.

Beyond Meat (BYND) shares hit a record low after it announced a 1-for-30 reverse split to meet Nasdaq’s bid-price rule. The company reported Q2 revenue down 8.2% and expects another decline in Q3. AppLovin (APP) fell after Bank of America cut its rating to Neutral and lowered its price target. On Holding (ONON) dropped after Q2 sales missed forecasts and its 2026 outlook was reduced.