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Impossible Foods struggles to keep up with demand

Jun. 14, 2019 8:24 AM ETRRGB, BYND, IMPFBy: Clark Schultz, SA News Editor61 Comments
  • Restaurant chains Red Robin Gourmet Burgers (NASDAQ:RRGB) and White Castle are seeing broad shortages of meat-free patties from Impossible Foods (IMPF), according to Bloomberg.
  • The ongoing shortages are said to show the pressure that Impossible Foods is facing to manufacture for the mass market and get a head start on wide distribution before larger companies jump in.
  • Impossible Foods estimates that its already on the menu at 9K restaurants and is expected to roll out nationally at Burger King locations this year.
  • Within the alternative protein sector, shares of Beyond Meat (NASDAQ:BYND) are down 0.26% in premarket trading to $141.02 as Tyson's announcement yesterday of a meatless brand not doing too much to rattle investors.

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