Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat,
today announced that Beyond MeatballsTM will be rolling into
grocery stores nationwide starting this week. With more consumers
looking for nutritious options that are delicious and easy to
prepare,1 Beyond Meatballs are conveniently pre-seasoned with a
signature blend of Italian spices, pre-rolled and ready to cook.
The nutritious plant-based meatballs are made from simple,
plant-based ingredients with no GMOs, soy, gluten or synthetic
ingredients and have 30% less saturated fat and sodium.2
Beyond Meatballs will be launching at grocery
stores nationwide including Whole Foods Market, Stop & Shop,
Sprouts, Harris Teeter, Kroger, Albertsons, and others by early
October. Sold in the fresh meat section with a suggested retail
price of $6.99 for 12 meatballs, Beyond Meatballs have a juicy,
meaty taste and texture, with a versatile flavor profile perfect
for pastas, sandwiches, pizzas, soups and more.
After the launch of Beyond Breakfast Sausage®
and Cookout Classic™, Beyond Meatballs are the third new retail
product introduced in 2020 and the latest addition to the company’s
growing portfolio. Beyond Meat’s expansive retail presence spans
approximately 26,000 outlets across the U.S. and consumers have
made their preference for Beyond Meat clear: according to the most
recent SPINS data for the latest 4-week period ending August 9,
2020, Beyond Meat was the #1 selling brand in refrigerated
plant-based meat.
“We’re thrilled to introduce Beyond Meatballs as
they deliver on consumers’ growing demand for delicious and
nutritious plant-based meat options without GMOs or synthetic
ingredients,” said Stuart Kronauge, Chief Marketing Officer, Beyond
Meat. “We are proud to introduce our newest innovation at retailers
nationwide and know our fans will be excited about the great taste
and convenience of Beyond Meatballs.”
Compared to a leading brand of animal-based
Italian-style meatballs, Beyond Meatballs have:
- 19g of plant-based protein, derived from peas and brown
rice
- 30% less saturated fat and sodium
- No cholesterol, antibiotics or hormones
Recently, the findings from a clinical study
using Beyond Meat’s plant-based products were 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 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 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, and Beyond Meat is committed to
supporting further academic and scientific study into the impacts
of plant-based meats on health.
Have a Ball, On UsTo celebrate
the launch of Beyond Meatballs rolling out at grocery stores
coast-to-coast, Beyond Meat is giving fans a chance to be among the
first to try its newest product before it’s available in stores at
an exclusive 1-day only pop-up shop in LA & NYC. Fans on the
East and West coasts can visit this one-of-a-kind experience to
receive a free Beyond Meatball Hero or Beyond Meatballs and
Spaghetti, for takeout only. Advanced reservations are required via
The Beyond Meatball Shop’s LA and NYC pages on Resy, while supplies
last. Not in LA or NY and still want to try Beyond Meatballs? Sign
up for the Beyond Meat newsletter for access to exclusive offers
and more.
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. Founded in 2009, Beyond Meat has a mission of
building meat directly from plants, an innovation that enables
consumers to experience the taste, texture and other sensory
attributes of popular animal-based meat products while enjoying the
nutritional and environmental benefits of eating its plant-based
meat products. Beyond Meat’s brand commitment, Eat What You Love™,
represents a strong belief that by eating its portfolio of
plant-based meats, consumers can enjoy more, not less, of their
favorite meals, and by doing so, help address concerns related to
human health, climate change, resource conservation and animal
welfare. Beyond Meat’s portfolio of plant-based proteins were
available at approximately 112,000 retail and foodservice outlets
in 85 countries worldwide as of June 27, 2020. Visit
www.BeyondMeat.com and follow @BeyondMeat, #BeyondBurger and
#GoBeyond on Facebook, Instagram and Twitter.
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, 2019 filed with the U.S. Securities and
Exchange Commission (“SEC”) on March 19, 2020, and the Company’s
Quarterly Report on Form 10-Q for the quarter ended June 27, 2020
filed with the SEC on August 11, 2020, 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 ContactAllison
Aronoffaaronoff@beyondmeat.com
1 Innova Market Insights, Top Trends 20202 As compared to a
leading brand of animal-based Italian-style meatballs
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f5c56b0d-272b-4ba7-8cfb-790b4aff9ce9
Beyond Meat (NASDAQ:BYND)
Historical Stock Chart
From Aug 2024 to Sep 2024
Beyond Meat (NASDAQ:BYND)
Historical Stock Chart
From Sep 2023 to Sep 2024