Beyond Meat, Inc.

BYND

US08862E1091

Food Processing

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-18 pm EDT			5-day change	1st Jan Change
6.4 ^USD	-0.47%		-7.38%	-28.09%

Apr. 18	Beyond Meat Launching New Version of Burger, Beef Products	MT
Apr. 18	Beyond Meat, Inc. Announces the Launch of the Fourth Generation Beyond Burger and Beyond Beef	CI

Beyond Meat : Yum China intros plant-based entrees at KFC, Pizza Hut, Taco Bell

June 01, 2020 at 10:31 am EDT

Yum China Holdings Inc. is partnering with plant-based "meat" provider, Beyond Meat Inc., to introduce the Beyond Burger as an LTO at select KFC, Pizza Hut and Taco Bell locations in mainland China starting June 3, a news release said. This partnership marks the introduction of Beyond Meat's Beyond Burger in mainland China.

"We see great potential for the plant-based meat market in China," Joey Wat, CEO of Yum China, said in the release. "This latest introduction across KFC, Pizza Hut and Taco Bell brands is expected to capture valuable consumer feedback across different regions in China. It will enable us to optimize flavors and processes and help assess the potential for larger scale rollouts in the future."

KFC will offer the Beyond Burger as a 3-day limited time offer at five locations in Beijing, Chengdu, Hangzhou and Shanghai. Pizza Hut is also launching its first-ever burger offerings by testing a combo set that includes both a Beyond Burger and an Australian sirloin steak burger at six stores in Shanghai from June 8 to June 11. Pre-sale coupons are required for participating in the test and are available only for Pizza Hut's members starting today.

Meanwhile, Taco Bell will offer a taco made with the plant-based Beyond Burger patty at three stores in Shanghai from June 3-10. The taco combines Taco Bell's classic taco recipe with a crispy corn taco, signature Mexican spices and ingredients such as chipotle and black beans, vegetables and unique sauce.

Prior to partnering with Beyond Meat, KFC and Taco Bell had previously conducted tests of plant-based meat products in China. In April 2020, KFC tested plant-based chicken nuggets at select stores in Shanghai, Guangzhou, and Shenzhen, while in December 2019, Taco Bell tested a plant-based pork taco at select stores in Shanghai.

This website is awaiting response from Yum Brands on whether any of the plant-based offerings being introduced in China might also be available in other parts of the world in some form, including the U.S.

Yum China Holdings Inc. is a licensee of Yum! Brands in mainland China. It has exclusive rights in mainland China to KFC, Pizza Hut, and Taco Bell, and also owns the Little Sheep, Huang Ji Huang, East Dawning and COFFii & JOY concepts outright. The company had 9,295 restaurants in over 1,400 cities at the end of March 2020.

Latest news about Beyond Meat, Inc.

Beyond Meat Launching New Version of Burger, Beef Products	Apr. 18	MT
Beyond Meat, Inc. Announces the Launch of the Fourth Generation Beyond Burger and Beyond Beef	Apr. 18	CI
TD Cowen Adjusts Price Target on Beyond Meat to $6 From $10, Maintains Sell Rating	Apr. 17	MT
Beyond Meat Launching New Line of Beyond Crumbles -- Shares Rise	Mar. 28	MT
Beyond Meat, Inc. Unveils New and Expanded Line of Beyond Crumbles	Mar. 28	CI
Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday	Mar. 19	MT
Sector Update: Consumer	Mar. 19	MT
Top Premarket Decliners	Mar. 19	MT
Beyond Meat Files $250 Million Mixed Shelf -- Shares Slump Premarket	Mar. 19	MT
Beyond Meat Files $250 Million Mixed Shelf	Mar. 18	MT
Argus Upgrades Beyond Meat to Hold From Sell	Feb. 29	MT
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading	Feb. 28	MT
Wall St dips as investors await inflation data	Feb. 28	RE
Sector Update: Consumer Stocks Rise in Afternoon Trading	Feb. 28	MT
Sector Update: Consumer	Feb. 28	MT
Global markets live: Reckitt, Apple, Warner, Eli Llily, Intel...	Feb. 28
Wall St retreats as investors brace for inflation data	Feb. 28	RE
Beyond Meat Shares Surge After Reporting Wider Q4 Net Loss, Announcing Cost-Cutting Plan	Feb. 28	MT
Correction: Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday as Fears Grow Over Slow Inflation Retreat	Feb. 28	MT
BMO Capital Adjusts Beyond Meat's Price Target to $10 From $7, Keeps Market Perform Rating	Feb. 28	MT
Correction: Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday as Fears Grow Over Slow Inflation Retreat	Feb. 28	MT
The calm after the storm	Feb. 28
Q4 GDP Growth Revised Lower to 3.2%, Fueling Premarket Losses for US Equity Futures	Feb. 28	MT
Wall Street set for lower open in run-up to inflation data	Feb. 28	RE
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday as Fears Grow Over Slow Inflation Retreat	Feb. 28	MT

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Company Profile

Beyond Meat, Inc. is a plant-based meat company offering a portfolio of plant-based meats. The Company has developed three core plant-based product platforms that align with the largest meat categories globally: beef, pork and poultry. The primary components of animal-based meat are amino acids, lipids, carbohydrates, trace minerals and water, which are not exclusive to animals and are plentiful in plants. Its flagship product is the Beyond Burger, which is designed to look, cook and taste like a traditional beef burger. The Company also sells a range of other plant-based meat products, including Beyond Sausage, Beyond Beef, Beyond Meatballs, Beyond Beef Crumbles, Beyond Chicken Tenders, Beyond Steak, Beyond Popcorn Chicken, Beyond Chicken Nuggets, and others. Its products are available at approximately 133,000 retail and foodservice outlets in 65 countries, across mainstream grocery, mass merchandiser, club store and natural retailer channels, and various food-away-from-home channels.

Sector

Food Processing

Calendar

2024-05-23 - Annual General Meeting

Related indices

Russell 2000

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