Britain’s answer to Beyond Meat, 'The Meatless Farm,' is set to launch in the U.S.:
British plant-based protein company The Meatless Farm will launch in the U.S. next month as it looks to capitalise on the meat alternatives boom led by Beyond Meat and Impossible Foods.
Beyond Meat’s BYND, -5.44% stock has soared 720% since its IPO in May and it now has a market cap of more than $12 billion — the S&P 500 SPX, -0.16% has gained 21% in 2019, while the Dow Jones Industrial Average DJIA, +0.11% has gained 17% — while Impossible Foods recently signed a deal with Restaurant Brands International Inc.’s QSR, -0.47% Burger King to introduce the Impossible Whopper.
Beyond Meat’s burgers are sold in a number of a restaurants, including TGI Friday’s, while the Impossible Burger is available in Burger King and chain The Cheesecake Factory CAKE, +1.66%. Toft Bech said The Meatless Farm could also venture into the U.S. casual-dining space but that it was focused on retail initially.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
The Prospect Of Beyond Meat Bacon Has Investors Sizzling With ExcitementBeyond Meat, one of the two big players in plant-based meat, caused a buzz this week with word that it's developing a plant-based bacon.
Consulte Mais informação »
The earnings menu: Beyond Meat, Apple and a big bag of chipsBeyond Meat Inc. will be the appetizer for the coming week of earnings reports, with Apple Inc. as the main course and Big Oil serving as a dessert.
Consulte Mais informação »
Beyond Meat shares tank ahead of earnings even though traders are expecting a beatBeyond Meat Inc. shares fell sharply Monday, ahead of the company's second-quarter earnings expected after the bell, even though hopes for the plant-based...
Consulte Mais informação »
Beyond Meat slips ahead of earnings as analysts wonder if shares are overstretchedNo analysts analysts that cover Beyond Meat have a 'buy' rating on the company's shares. The stock is up more than 800% since its IPO.
Consulte Mais informação »
Beyond Meat hype rivals that of bitcoin and could share the same fateBeyond Meat's stock has surged more than 700% since its initial public offering this spring, but short sellers are betting that it will drop.
Consulte Mais informação »
Here's what to expect from Beyond Meat earningsSince its May initial public offering, the stock is up 775% and has drawn interest from short sellers.
Consulte Mais informação »