Famous Dave's Announces Partnership With Beyond Meat

Famous Dave's DAVE has partnered with Beyond Meat BYND to launch a test of plant-based protein menu in mid-August. The test launch will be rolled out in five different locations including four throughout Colorado and one in Minneapolis.

Beyond Meat has managed to scientifically replicate ground beef from plant protein. The California-based company went public on May 2 and shares have skyrocketed more than 500%.

"We've been busy in the test kitchen experimenting with plant-based meat options, working to find solutions in line with the quality our Famous Dave's guests have come to expect and we are extremely happy with the quality of Beyond Meat," said Sylvia Matzke-Hill, culinary director at Famous Dave’s.

Famous Dave's traded higher by 5.5% at $4.40 at time of publication. Beyond Meat shares traded up 1.3% at $165.25.

Related Links:

PizzaRev Partners With Beyond Meat For New Topping Option

Shake Shack CEO Talks Beyond Meat

Photo credit: Dwight Burdette, Wikimedia

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsRestaurantsGeneral
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!