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According to an article on <a href="https://www.restaurantdive.com/news/beyond-meats-restaurant-and-foodservice-revenue-skyrockets-483/559797/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=beyond-meats-revenue-increases-by-a-whopping-486-in-2019-2710617" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">RestaurantDive</a>, Beyond Meat&rsquo;s restaurant and foodservice revenue have increased by 486% this past year, growing to $58.3 million in the first half of 2019. Beyond&#39;s restaurant and foodservice division are now responsible for roughly half of the plant-based meat company&#39;s revenue, with retail driving $53.7 million.

Beyond Meat CFO Mark Nelson <a href="https://finance.yahoo.com/news/beyond-meat-inc-bynd-q2-042324913.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=beyond-meats-revenue-increases-by-a-whopping-486-in-2019-2710617" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">said on an earnings call</a> that the explosive Q2 sales growth can be attributed to the brand&#39;s signature Beyond Burger, a growing demand from existing customers and new restaurant deals.

Although the company recently experienced a <a href="https://www.cnn.com/2019/06/27/business/impossible-burgers-beyond-meat/index.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=beyond-meats-revenue-increases-by-a-whopping-486-in-2019-2710617" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">shortage</a> of supply, it hasn&rsquo;t slowed down. According to the article, &ldquo;Dunkin&#39; is now offering <a href="https://www.restaurantdive.com/news/dunkin-adds-beyond-meat-breakfast-sandwich-to-menu/559507/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=beyond-meats-revenue-increases-by-a-whopping-486-in-2019-2710617" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Beyond Sausage breakfast sandwiches</a> at select Manhattan stores and plans to take the item nationwide in the future. <a href="https://www.restaurantdive.com/news/tim-hortons-fries-up-plant-based-eggs-for-breakfast/559607/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=beyond-meats-revenue-increases-by-a-whopping-486-in-2019-2710617" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Tim Hortons</a> is also selling a similar product, though sales from these items aren&#39;t yet included in the company&#39;s 2019 forecast since they are still in a trial stage.&rdquo;

Some analysts feel that the brand&#39;s hype is overblown. Beyond has also yet to turn a profit, according to the article, and its &quot;nagging production issues could prove to be a stumbling block.&quot;

To read the full article, click <a href="https://www.restaurantdive.com/news/beyond-meats-restaurant-and-foodservice-revenue-skyrockets-483/559797/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=beyond-meats-revenue-increases-by-a-whopping-486-in-2019-2710617" target="_blank" rel="nofollow" target="_blank">here</a>.

Beyond Meat’s Revenue Increases by a Whopping 486% in 2019

1851 Franchise

The plant-based meat company has seen an incredible spike in restaurant and foodservice sales over the past year.


beyond-meats-revenue-increases-by-a-whopping-486-in-2019

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Beyond Meat’s Revenue Increases by a Whopping 486% in 2019

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