Beyond Meat® Expands Product Distribution
10 March 2021 - 12:30AM
Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat,
today announced its latest expansion of product offerings at
Walmart. Starting this week, within the approximately 2,400 Walmart
locations nationwide in which Beyond Meat products are currently
sold, Walmart will be adding Beyond Sausage Hot Italian® to the
fresh meat aisle at more than 400 stores as well as expanding the
frozen Cookout Classic value-pack to approximately 500 stores.
This increased distribution at Walmart is Beyond
Meat’s second in the past year and is part of Beyond Meat’s effort
to increase worldwide accessibility to simple, plant-based meat
products made without GMOs or bioengineered ingredients. As demand
for plant-based meat continues to rise, this increased distribution
complements the company’s expansive retail presence at
approximately 28,000 retail outlets across the U.S. in which
consumers have made their preference for Beyond Meat clear:
according to the 52-week SPINS and NPD data ending December 2020,
Beyond Meat was the #1 selling plant-based meat brand in the
refrigerated category at grocery stores1 and across
foodservice2.
“We are thrilled by the continued growth with
Walmart and the opportunity to offer Walmart customers increased
accessibility to a larger selection of our delicious and
better-for-you plant-based products,” said Chuck Muth, Chief Growth
Officer, Beyond Meat. “As more households continue to buy our
products and buy them more frequently, we’re excited to satisfy the
growing demand through increased product offerings and
distribution.”
Beyond Meat first launched its products at
Walmart in 2015. Since then, Beyond Meat offerings at Walmart have
expanded to include the Beyond Burger®, Beyond Sausage Brat
Original, and Beyond Breakfast Sausage® patties, along with the
latest additions of Beyond Sausage Hot Italian and Cookout
Classic.
Beyond Sausage Hot Italian is a plant-based
sausage designed to look, sizzle, and satisfy like pork. Compared
to traditional pork sausage, Beyond Sausage offers more protein and
iron with less total and saturated fat and no cholesterol,
antibiotics or hormones. Cookout Classic provides everything that
customers love about the juicy, meaty taste and texture of the
Beyond Burger with the added convenience of being sold frozen in a
value-pack designed to feed the whole family. After last summer’s
successful limited-edition launch of Cookout Classic, Beyond Meat
is reintroducing the item as a permanent SKU.
_______________________
1 SPINS 52 weeks ending 12/27/20 refrigerated
plant-based meat alternatives, Total US Food
2 NPD Supply Track 52 weeks ending 12/31/20
plant-based proteins, Total US excluding commercial large chains
and food stores
Commitment to Improving Human
Health
Beyond Meat is committed to serving consumers’
growing demand for delicious, better-for-you and sustainable
protein with products that are simple and made from plants with no
GMOs or bioengineered ingredients. The company is dedicated to
supporting academic and scientific studies into the impacts of
plant-based meats on health and the findings from a clinical study
using Beyond Meat’s plant-based products were recently published in
The American Journal of Clinical Nutrition. In the study conducted
at Stanford University, researchers evaluated the impact of
replacing animal-based meat with Beyond Meat’s plant-based meats
over an 8-week period on cholesterol levels (including LDL), heart
disease risk factors including TMAO levels, and body weight, and
found improvement in key health metrics when participants replaced
animal-based meat with Beyond Meat’s plant-based meat. The results
provide yet another data point in a growing field of research about
how plant-based meat can help people live healthier lives. Visit
Beyond Meat’s store locator to find Beyond Meat products at a store
near you.
About Beyond MeatBeyond Meat,
Inc. (NASDAQ: BYND) is one of the fastest growing food companies in
the United States, offering a portfolio of revolutionary
plant-based meats made from simple ingredients without GMOs,
bioengineered ingredients, hormones, antibiotics, or cholesterol.
Founded in 2009, Beyond Meat products are designed to have the same
taste and texture as animal-based meat while being better for
people and the planet. Beyond Meat’s brand commitment, Eat What You
Love™, represents a strong belief that there is a better way to
feed our future and that the positive choices we all make, no
matter how small, can have a great impact on our personal health
and the health of our planet. By shifting from animal-based meat to
plant-based meat, we can positively impact four growing global
issues: human health, climate change, constraints on natural
resources and animal welfare. As of December 31, 2020, Beyond Meat
had products available at approximately 122,000 retail and
foodservice outlets in over 80 countries worldwide. Visit
www.BeyondMeat.com and follow @BeyondMeat, #BeyondBurger and
#GoBeyond on Facebook, Instagram and Twitter and
@BeyondMeatOfficial on TikTok.
Beyond Meat Forward Looking
StatementsCertain statements in this release constitute
“forward-looking statements.” These statements are based on
management’s current opinions, expectations, beliefs, plans,
objectives, assumptions or projections regarding future events or
future results. These forward-looking statements are only
predictions, not historical fact, and involve certain risks and
uncertainties, as well as assumptions. Actual results, levels of
activity, performance, achievements and events could differ
materially from those stated, anticipated or implied by such
forward-looking statements. While Beyond Meat believes that its
assumptions are reasonable, it is very difficult to predict the
impact of known factors, and, of course, it is impossible to
anticipate all factors that could affect actual results. There are
many risks and uncertainties that could cause actual results to
differ materially from forward-looking statements made herein
including, most prominently, the risks discussed under the heading
“Risk Factors” in the Company’s Annual Report on Form 10-K for the
year ended December 31, 2020 filed with the U.S. Securities and
Exchange Commission (“SEC”) on March 1, 2021 as well as other
factors described from time to time in Beyond Meat’s filings with
the SEC. Such forward-looking statements are made only as of the
date of this release. Beyond Meat undertakes no obligation to
publicly update or revise any forward-looking statement because of
new information, future events or otherwise, except as otherwise
required by law. If we do update one or more forward-looking
statements, no inference should be made that we will make
additional updates with respect to those or other forward-looking
statements.
Media ContactShira
ZackaiShira.Zackai@beyondmeat.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4d7db838-0768-4c67-9be1-def3a5d8c565
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