Forecast Of The Day: Beyond Meat Frozen Retail Product Sales
What?
Beyond Meat (NASDAQ:BYND) Frozen Retail Product Sales rose from around 1.8 million pounds in 2019 to about 2.2 million pounds in 2020. Trefis expects the metric to remain roughly flat in the coming years.
Why?
- Beyond Meat Stock Down 24% This Year, What’s Happening?
- Can Increased Prices Snap Beyond Meat Stock From Its Long Standing Downtrend?
- Down 8% This Year, Will Beyond Meat Stock Recover Following Q1 Results?
- Down 38% Since 2023, How Will Beyond Meat Stock Trend Post Q4 Results?
- Can Beyond Meat Stock Rebound After A 46% Drop This Year?
- Will Beyond Meat Stock See Further Declines?
The company has been focusing more on its fresh products while discontinuing some frozen products which have lower margins.
So What?
Despite the sluggish projected sales in frozen products, we expect Beyond Meat’s revenue to rise consistently in the coming years, driven by rising fresh product sales.
See Our Complete Analysis For Beyond Meat
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.
| Returns | Jan 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| BYND Return | -8% | -8% | -20% |
| S&P 500 Return | -9% | -9% | 94% |
| Trefis MS Portfolio Return | -14% | -14% | 243% |
[1] Month-to-date and year-to-date as of 1/27/2022
[2] Cumulative total returns since the end of 2016