Beyond Meat, Big Geyser Enter Partnership for Functional Beverage Line Distribution
Beyond Meat (BYND) said Thursday it signed a distribution agreement with Big Geyser to introduce its new functional beverage line to the retail market.The partnership will expand the plant-based drinks beyond direct-to-consumer sales and into more than 26,000 physical retail locations, the company said.The non-dairy beverage will launch in three fruit flavors, with each 100-calorie serving containing 20 grams of protein and seven grams of fiber alongside added electrolytes, Beyond Meat said.The company plans to publicly present the new product lineup to buyers during a commercial trade event in Uniondale, New York Thursday, it said.Shares of the company were up over 3% in Thursday trading.Price: $0.79, Change: $+0.04, Percent Change: +4.93%
