Beyond Meat could still find a spot on McDonald's menu, JP Morgan says
Analysts spoke with Beyond Meat’s BYND, +22.64% Chief Executive Ethan Brown after the earnings call on Tuesday, and while the test in Canada ended, the prospects for partnership have not.
McDonald’s MCD, -0.15% tested a P.L.T., plant, lettuce, tomato, sandwich in Ontario, Canada, which ended without further disclosed plans.Beyond Meat reported a 3-cents-per-share profit for the first quarter after a loss last year. Revenue soared 141% to $97.1 million. See:Beyond Meat heads to China as plant-based protein continues to grow, with a little help from COVID-19
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