The same thing happened with the Beyond Meat menu items at Del Taco. To celebrate, the company is advertising a free burger with the purchase of a drink while supplies last. In October 2019, Denny's launched the Beyond Burger in the Los Angeles market, and was preparing to bring it to all locations this year. Denny’s is serving up free Beyond Burgers across the country Thursday. But there's something worth highlighting here. Let's conquer your financial goals together...faster. When Denny's reported third-quarter 2019 earnings, it highlighted year-over-year comparable-restaurant sales growth of 1.1% and EPS growth of 4.7%. Beyond Burger After working with PETA to expand vegan options, Denny’s has added a Beyond Burger to menus nationwide. Vox answers your most important questions and gives you clear information to help make sense of an increasingly chaotic world. Now complete, it can turn its attention to other ways to grow shareholder value. When Beyond Meat reports earnings, rather than fixate on revenue growth, I would watch the company's profit margin. November 8, 2019. Beyond Burger. Plant-based meat remains a very small share of the food sector, and its dramatic growth last year wasn’t enough to stop meat consumption from growing, too. Served with wavy-cut fries. But this one we'll wait and see." But in the question-and-answer session, analysts asked about Beyond Meat, which was excluded from management's prepared remarks. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Future Perfect is funded in part by individual contributions, grants, and sponsorships. Denny’s will be selling the plant-based burger to customers at over 1,700 locations across the U.S. and Canada. This is taking the company from 90% franchised to up to 97% franchised, demanding a lot of attention in 2019. Back in October 2019, Denny’s launched the plant-based Beyond Burger in its Los Angeles locations, ahead of the nationwide launch in 2020. As Del Taco stopped promoting those items, sales declined accordingly. Featuring the Beyond Burger™ patty, a 100% plant-based burger, with lettuce, tomato, red onions, pickles, Canadian cheese and Classic Diner sauce on a multigrain bun. The Denny’s Beyond Burger features a 100% plant-based Beyond Burger patty topped with freshly sliced tomatoes and onions, crisp lettuce, pickles, American cheese and All-American sauce on a multigrain bun. Netflix’s new musical The Prom won’t solve small-town bigotry. But it’ll have fun trying. "We're working to make delicious plant-based meat as accessible as possible and believe the Denny's Beyond Burger will be well-received by longtime fans and new guests alike," said Tim Smith, vice-president of North America food services sales for Beyond Meat. After spending more than a decade travelling the world exploring different cultures and languages, I'm happy to now be contributing to the Motley Fool's mission to make the world smarter, happier, and richer. If plant-based meat products taste like conventional meat but are delivered to consumers in a more sustainable, climate-friendly, animal-friendly package, then consumers will get on board. The restaurant chain has announced that it is launching the Denny’s Beyond Burger, starting in Los Angeles and expanding nationwide by 2020. Carrols Restaurant Group, a Burger King franchisee, already reported preliminary fourth-quarter 2019 results, in which Burger King comps growth slowed as the Impossible Whopper's novelty wore off. So how much market could there be for plant-based meat? Many Denny’s locations are now open for dine-in service across Canada. The newest addition to Denny's core menu, the Denny's Beyond Burger features a 100% plant-based Beyond Burger patty topped with freshly sliced tomatoes and onions, crisp lettuce, pickles, American cheese and All-American sauce on a multigrain bun. So it's not a bad idea to take a skeptically optimistic approach to the category (and to Beyond Meat), like Denny's CEO has. Perhaps Denny's will be observing and engaging diners, to better answer the fad question and know whether this is a menu item worth keeping. Feel free to reach out to me at jon.quast@foolcontractors.com. That said, Beyond Meat has added many new restaurant partners over the past year. The world’s problems overwhelmed me. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Denny's is Giving Away Burgers From Beyond Meat @themotleyfool #stocks $DENN $BYND, Denny's Corp (DENN) Q3 2020 Earnings Call Transcript, Denny's Corp (DENN) Q2 2020 Earnings Call Transcript, Why Casual Dining Restaurant Stocks Were Gaining Today, Why Restaurant Stocks Climbed Again Thursday, Copyright, Trademark and Patent Information. For Denny's, understanding consumer demand is crucial to continuing its comps growth streak. The Beyond Burger made with Beyond Meat is completely meatless and is the new addition to the restaurant’s core menu. When Denny's gives away its Beyond Burgers, the offer is for dine-in only. Appreciate my writing, have an idea for me, or is there an issue with something I wrote? Even once the publicity has died out, the products keep selling, making the economics make sense for a nationwide expansion. Since it records revenue at the moment it ships its products to restaurant and grocery partners, revenue growth in isolation isn't a great measuring stick for the company. While I no longer get to exercise my analytical muscles with linguistics, it's rewarding to analyze business and share my opinions through this platform. For Denny's, look for a report on the completion of its refranchising strategy. Denny’s Beyond Burger is currently available at all Los Angeles area locations, and the chain is planning a national roll-out in 2020. You can find the Beyond Burger at participating Denny’s Canada locations nationwide. After a successful Los Angeles test back in October, consumers can now order Beyond Burgers at all Denny’s restaurants in the U.S. and Canada. The new burger features a 100 percent plant-based Beyond Burger patty with lettuce, red onions, pickles, tomato, American cheese, and All-American sauce on a … The company has grown comps for eight consecutive years, including the first three quarters of 2019. By Kelsey Piper Jan 27, 2020, 4:10pm EST But conventional meat production can involve severe animal cruelty, promote antibiotic resistance and public health problems, and produce a lot of greenhouse gases. The Impossible Whopper is a plant-based burger made by Beyond Meat competitor Impossible Foods. Despite years of experience in the restaurant industry, Miller still seems unsure how to gauge long-term prospects of plant-based meats. All around the world, many people like the taste of meat — and demand for meat products is growing. Get our newsletter in your inbox twice a week. What's great about exploring business and the economy is the insight it gives you into how things are in the world. 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