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Technology Stocks : Impossible Foods and Beyond
BYND 137.31+0.1%Apr 16 4:00 PM EDT

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From: Glenn Petersen6/15/2020 9:07:24 AM
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Burger King adds Impossible Foods’ meatless sausage on its breakfast menu nationwide

Published Mon, Jun 15 20208:16 AM EDT
Updated Moments Ago
Amelia Lucas
CNBC.com

Key Points

-- Burger King is the first national chain to add Impossible Foods’ sausage to a breakfast sandwich.

-- The Impossible Croissan’wich will be available for a limited time at participating locations.

-- The menu addition comes as fast-food chains report lower breakfast sales due to the coronavirus pandemic.



Burger King’s Impossible Croissan’wich
Source: Burger King
-------------

Burger King said Monday it is adding a breakfast sandwich made with meat-free Impossible Sausage to its menu nationwide.

The Restaurant Brands International chain, which began testing the menu item in January, is the first national chain to add Impossible Foods’ sausage to a breakfast sandwich. The Impossible Croissan’wich will be available for a limited time at participating locations. Dunkin’ already sells breakfast sandwiches made with Beyond Meat’s plant-based sausage.

The menu addition comes as fast-food chains report lower breakfast sales due to the coronavirus pandemic. More consumers are working from home — and eating breakfast there. Some restaurants, like Yum Brands’ Taco Bell, temporarily shortened their hours in response to slower demand for the morning meal.

A new menu item made with a meat alternative could spur breakfast sales for Burger King. Nearly a year ago, in response to the craze for plant-based meat alternatives, Burger King added the Impossible Whopper, made with Impossible’s meatless burger, to menus nationwide. The burger lifted traffic and sales for the chain. Earlier this year, Burger King included the meat-free burger in its 2 for $6 promotion in an effort to appeal to more price-sensitive customers.

To promote the new breakfast sandwich, Burger King is giving away up to 100,000 of them through its mobile app with any purchase of at least $1.

Shares of Impossible’s rival Beyond Meat fell 2% in premarket trading amid a broader market sell-off.

Restaurant Brands shares were up 1%.

cnbc.com
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