FRGI - Beyond Meat's Latest Partnership With Fiesta Restaurant Group Leaves Investors Wanting More Sizzle
Plant-based protein company Beyond Meat (NASDAQ: BYND) kicked off 2020 with news that it has partnered with Pollo Tropical, owned by Fiesta Restaurant Group (NASDAQ: FRGI). Pollo Tropical is offering two limited-time offers featuring the Beyond Beef product. Both the Vegan Tropichop and Wrap are already available across the chain.
In a December interview, Beyond Meat CEO Ethan Brown fueled enthusiasm by suggesting some exciting things would be coming from the company in 2020 related to poultry. Unfortunately for investors, this partnership with Pollo Tropical is not the much-hyped launch of a chicken alternative. But it's still newsworthy for both investors of Beyond Meat and Fiesta Restaurant Group. Here's why.
Pollo Tropical is taking its bold flavors beyond chicken with the launch of a Vegan Tropichop and Wrap featuring a “picadillo” made with Beyond Meat. Image source: Pollo Tropical