BYNDbenzinga

Beyond Meat Faces Setback As Carl's Jr. And Del Taco Drop Products: Report

Summary

Beyond Meat faces challenges as Carl's Jr. and Del Taco reportedly drop its plant-based beef due to declining sales. Most of Carl's Jr.'s 1,000+ locations stopped offering the Beyond Burger, initially launched in 2019. Del Taco also ceased Beyond Meat offerings in nearly 600 locations. Despite this, Beyond Meat is hopeful, banking on new product developments and pricing strategies to regain consumer interest.

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Article published on May 21, 2024 by benzinga