Beyond Meat launches Beyond Steak plant-based meat line at Kroger, Walmart

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Beyond Meat Inc. BYND, -0.48% shares rose 1.7% in premarket trades Monday after the company said it’s launching a new plant-based meat line called Beyond Steak. The plant-based seared steak tips will be sold at Kroger Co. KR, +0.50% and Walmart Inc. WMT, +1.00% stores nationwide, as well as some Albertsons Cos. Inc. ACI, +0.47% and Ahold stores, plus other retail locations. The steak tips contain 21 grams of protein per serving, are low in saturated fat and have no cholesterol with no added antibiotics or hormones, the company said. Beyond Meat did not disclose any revenue projections for the new product line.

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