Beyond Meat Outlines Plan to Fix Inventory Accounting Flaws

Beyond Meat Inc. told investors Thursday it had inadequate procedures to accurately analyze excess inventory and was taking steps to fix the flaws.

The plant-based protein maker aims to strengthen documentation and data governance practices to remedy weaknesses in its inventory valuation, according to its 2025 annual financial report filed with the Securities and Exchange Commission. Its auditor Deloitte & Touche LLP signed off on the financial statements themselves but flagged gaps in the internal accounting safeguards related to the inventory valuation.

Ongoing weakened demand for plant-based meat and broader macroeconomic headwinds like high interest rates were among the business ...