(Il Sole 24 Ore Radiocor) - Milano, 1 apr - Shares in Beyond Meat fell in premarket trading after the company said it was unable to file its annual report by the prescribed deadline after uncovering more accounting problems.

The company said it had found "an additional material weakness in internal control over financial reporting existed as of December 31, 2025, related to controls associated with the accounting for its inventory provision, including amounts recorded for the provision of excess and obsolete inventory." At 1321 GMT Beyond Meat shares were down 8.1%.

The plant-based protein company delayed its earnings report at least twice in March after it said it had found errors in previously issued financial statements.

In the fourth quarter, net income was 409.9 million dollars, or 0.84 dollars per share, compared to a loss of 44.9 million, or 0.65, in the same period last year.

Revenue in the three months ended December 31 fell 19.7% to.

61.6 million dollars.

(RADIOCOR) 01-04-26 15:22:35 (0478) 5 NNNN