Beyond Meat Up 5% After Expanding Chicken Tenders to 8,000 New Outlets
2022.04.12 18:01
By Sam Boughedda
Investing.com — Shares of Beyond Meat Inc (NASDAQ:BYND) jumped at the open after the company revealed it will be expanding the availability of its Beyond Chicken Tenders to more than 8,000 retail outlets across the US.
The company said Beyond Chicken Tenders are now available at select Albertsons, CVS, Sprouts and Whole Foods Market stores, while they are expanding into all (NYSE:KR) stores throughout April.
“Building on the positive momentum of our recent chicken launches, we’re excited to significantly expand the availability of our Beyond Chicken Tenders by showing up in more places for our consumers,” said Deanna Jurgens, Chief Growth Officer, Beyond Meat.
Beyond introduced its Chicken Tenders product in 2021 at outlets such as Walmart (NYSE:WMT), Jewel-Osco, Safeway NorCal, Harris Teeter, Giant Food, and ShopRite.
Beyond Meat stock trades 5% higher Tuesday morning.
