Extent of Beyond Meat's Role in McDonald's McPlant Burger Questioned
Ever since McDonald's (NYSE: MCD) said it was launching the McPlant, its own plant-based beef alternative sandwich, Beyond Meat's (NASDAQ: BYND) role in the process has been questioned. Now an analyst says it may at best be as one of several suppliers.
Because McDonald's original announcement didn't mention the faux-meat maker, despite having previously tested its burgers in Canada, it was assumed Beyond Meat wouldn't be part of the new product rollout. But after Beyond Meat revealed it actually helped McDonald's develop the McPlant, it was believed the company would have a more prominent role.
Image source: Getty Images.
Source Fool.com
