Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat,
today announced the expansion of its burger portfolio with the
debut of the company’s newest product innovation, the Beyond Stack
Burger™. The delicious new patty is designed to be even closer in
taste and texture to beef and is perfect for single, double and
triple stacked burgers. The Beyond Stack Burger is debuting as
smash-style burgers have grown in popularity, with a 720% increase
on menus over the past four years,2 and complements this summer’s
launch of the Beyond® Smashable Burger in foodservice, enabling
consumers to be able to enjoy irresistible plant-based smash-style
burgers both at home and on-the-go.
A Delicious, Stackable, Smash-Style
BurgerSavory and delicious, early reviews praise the new
Beyond Stack Burger for being “juicy,” having a “delicate crumble
that truly resembles beef burgers,” and being “crispy on the
outside, resembling the popular beef smash burgers.”3 Endlessly
customizable and easy-to-cook, the Beyond Stack Burger goes from
frozen to finished in six minutes in a skillet and can be eaten as
a single patty or stacked multiple patties high, making it the
perfect option to recreate popular, stackable, smash-style burgers
at home. Consumers can savor their favorite smash-style burger
combinations – from the timeless toppings of lettuce, tomato and
cheese to an updated take on BBQ slaw – confident that they
are making a better choice for themselves and the planet. As with
all Beyond Meat products, the Beyond Stack Burger is a
better-for-you option with no added antibiotics or hormones, no
GMOs, and 35% less saturated fat than an 80/20 beef burger with 0
mg of cholesterol per serving.
“The new Beyond Stack Burger reflects our
commitment to relentlessly innovate until our products are
indistinguishable from animal meat in taste, texture and flavor
while being more nutritious and sustainable,” said Dr. Dariush
Ajami, Chief Innovation Officer at Beyond Meat. “We are thrilled to
expand our retail product portfolio with this latest offering which
builds upon the recent launches of the newest iteration of Beyond
Sausage and our groundbreaking, heart-healthy Beyond Steak.”
Rapid and Relentless Innovation
The Beyond Stack Burger is the latest addition to Beyond Meat’s
growing portfolio of category-leading products. This summer, the
company launched the newest iteration of Beyond Sausage®, the #1
selling plant-based dinner sausage in retail,4 with a meatier,
juicier taste and texture. The new Beyond Sausage is receiving rave
reviews for being, “shockingly better than pork links,” and is an
excellent source of protein with 40% less saturated fat than a
leading brand of pork sausage. Additionally, the company’s Beyond
Steak®, the #1 selling new plant-based meat item in retail,5
continues to grow in popularity - recently expanding availability
to nearly 14,000 grocery stores nationwide – thanks to its
unbeatable combination of delicious taste and strong nutritional
profile which earned Beyond Steak the American Heart Association's
trusted Heart-Check Mark for being a heart-healthy food.6
Plant-Based Meats Supported by
Scientific ResearchTo help consumers make informed
choices, Beyond Meat is dedicated to supporting scientific,
evidence-based research on the health impact of shifting from
animal-based meat to plant-based meat. In a clinical study that was
conducted at Stanford University and published in The American
Journal of Clinical Nutrition, researchers evaluated the impact of
replacing animal-based meat with Beyond Meat’s plant-based meat
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. Expanding on
this body of research, in 2021, Beyond Meat established the
Plant-Based Diet Initiative at the Stanford University School of
Medicine and last year, entered into a multi-year agreement with
the American Cancer Society to advance research on plant-based meat
and cancer prevention. For more information on Beyond Meat’s
efforts to positively impact human health, visit the Health
page.
The Beyond Stack Burger is soft launching this
week at select Kroger, Ralphs, King Soopers, Fry’s and Smith’s
stores.
About Beyond MeatBeyond Meat,
Inc. (NASDAQ: BYND) is a leading plant-based meat company offering
a portfolio of revolutionary plant-based meats made from simple
ingredients without GMOs, no added hormones or antibiotics, and 0
mg of cholesterol per serving. 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 promise, 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 protein,
we can positively impact four growing global issues: human health,
climate change, constraints on natural resources and animal
welfare. As of March 2023, Beyond Meat branded products were
available at approximately 191,000 retail and foodservice outlets
in over 80 countries worldwide. Visit www.BeyondMeat.com and follow
@BeyondMeat, #BeyondBurger and #GoBeyond on Facebook, Instagram,
Twitter and 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 Beyond Meat's Annual Report on Form 10-K for the
year ended December 31, 2022 filed with the U.S. Securities and
Exchange Commission (“SEC”) on March 1, 2023, and Beyond Meat’s
Quarterly Report on Form 10-Q for the quarter ended April 1, 2023
filed with the SEC on May 10, 2023, 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 Beyond Meat does update one or more
forward-looking statements, no inference should be made that Beyond
Meat will make additional updates with respect to those or other
forward-looking statements.
Media ContactShira
ZackaiShira.Zackai@beyondmeat.com
1 SPINS, TOTAL MULO + NEC, L12W ending 6-18-232 Dataessential
MenuTrends March 2023: Penetration of restaurants that serve
burgers, % that offer smashburgers3 Food Dive, Beyond Stack Burger
will Hit Shelves this Summer, July 17, 20234 SPINS, TOTAL MULO +
NEC, L52W ending 6-18-235 SPINS, TOTAL MULO + NEC, L12W ending
6-18-236 Diets low in saturated fat and cholesterol, and as low as
possible in trans fat, may reduce the risk of heart disease
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a0040e06-c6a9-4d61-807f-f24dfc6d580e
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