BYND - Why Restaurant Sell-Through Is Key to Understanding Beyond Meat's Revenue
Dunkin' Brands (NASDAQ: DNKN) is launching a new menu item across more than 9,000 stores, and it's good news for Beyond Meat (NASDAQ: BYND). The Beyond Sausage Sandwich was so successful in tests that Dunkin' decided to offer the sandwich nationwide.
Dunkin' is the latest restaurant chain to offer Beyond Meat products. In January, privately held Carl's Jr. ran a trial replacing the beef in its Famous Star burger. Eight months and 4.4 million meatless burgers later, Carl's Jr added the Beyond Famous Star permanently to the menu.
Other entrees include Beyond Tacos from Del Taco (NASDAQ: TACO) that launched in April, various menu items launched at Restaurant Brands International's Tim Hortons in May, and Beyond Chicken trials at Yum! Brands' KFC in August. Meanwhile, McDonald's is currently testing Beyond Meat burgers in Canada.