Beyond Meat gains after announcing major European retail expansion

Apr. 12, 2021 7:56 AM ETBeyond Meat, Inc. (BYND)By: Clark Schultz, SA News Editor
Beyond Meat (NASDAQ:BYND) announces a significant product distribution expansion within thousands of European retail locations this spring.

The company says its products are available at approximately 122K retail and foodservice outlets in over 80 countries worldwide.

The new product distribution in Europe includes Sainsbury's nearly doubling its distribution of the Beyond Burger nationwide in the U.K. and the company expanding its product offerings in over 1K new German retail stores through Kaufland, Tegut, Famila and Real.

"These new and expanded retail partnerships throughout the continent serve as strong proof points that Europe’s appetite for plant-based meat and Beyond Meat products in particular is on the rise," notes Beyond Meat Chief Growth Officer Chuck Muth.
BYND +1.55% premarket to $132.36.
Source: Press Release
Last week, Beyond Meat announced new product availability in the U.S.
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