KFC restaurants nationwide will add Beyond Meat’s plant-based chicken to their menus, starting Monday for a limited time.
businesses. Adcock also spent 30 years at Tyson with a focus on operations and supply chain management.
"We're continuing to grow the operations team; they did a lot of work to help the team get ready in these final days," Brown said, adding the Yum tie-up has been years in the making."They've helped us prepare for this and we brought in, I think, some of the top executives in the industry." Beyond Meat is looking to get its stock back on track. In the last 12 months, shares have lost half their value, dragging the company's market value down to $3.9 billion. The stock closed Tuesday down 5% at $61.62 and short sellers betting against the stock represent 37.2% of available shares, according to Factset.
On the other hand, shares of Yum have climbed 30% in the last year, bringing its market value to $40.3 billion. Strong demand for KFC's fried chicken has helped lift the price. The chain's U.S. same-store sales jumped 13%The partnership does provide an opportunity, however, for"Beyond" restaurant sales.
Customers can buy KFC's Beyond Fried Chicken in six- or 12-piece orders, with dipping sauce included. Prices start at $6.99, excluding tax.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
KFC, Beyond Meat launching plant-based fried ‘chicken’ nationwide on MondayKFC started testing Beyond's plant-based chicken in Atlanta in August 2019.
Lire la suite »
KFC to launch Beyond Meat fried 'chicken' across United StatesNEW YORK (Reuters) -Yum Brands Inc's KFC restaurants will start selling plant-based fried 'chicken' from Beyond Meat Inc across the United States on Jan. 10 for a limited time, KFC said on Tuesday. KFC, Yum's biggest brand, had nearly 4,000 restaurants in the United States at the end of 2020, according to a regulatory filing. KFC started testing Beyond's plant-based chicken in August 2019 in Atlanta and expanded to more areas the following year.
Lire la suite »
KFC, Beyond Meat chicken rollout on tapBeyond Meat and KFC are teaming up to offer Beyond Fried Chicken, the chain’s first-ever plant-based combo meal.
Lire la suite »
KFC introduces plant-based 'chicken' to lure in vegetarians, vegansThe new Beyond Fried Chicken from KFC is hitting restaurants across the country, but it may not be for vegan or vegetarian customers.
Lire la suite »
Betty White’s accomplishments went far beyond show bizAs I write this, Betty White smiles at me from the cover of the special edition of People magazine titled “Betty White turns 100!” She has smiled at me...
Lire la suite »
'Snowpiercer' Season 3 Trailer Promises Hope Just Beyond The TrainA new trailer for Snowpiercer season 3 promises hope beyond the train.
Lire la suite »