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Jan. 28, 2020, 7:08 p.m. EST

Tim Hortons halts sales of Beyond Meat products in Canada, report says

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By MarketWatch

Restaurant Brands International Inc. /zigman2/quotes/202094900/composite QSR -2.31% subsidiary Tim Hortons has stopped selling Beyond Meat Inc. /zigman2/quotes/211617595/composite BYND -0.16% products at its shops in Ontario and British Columbia, according to a report by Bloomberg News late Tuesday. Beyond Meat stock fell 2.2% in the extended session. Tim Hortons started selling the products across Canada in June but scaled back the offerings to Ontario and B.C. in September, according to Bloomberg. "We introduced Beyond Meat as a limited time offer. We are always listening to our guests and testing new products that align to our core menu offerings. We may offer Beyond Meat again in the future," Tim Hortons said in an e-mailed statement to Bloomberg. Beyond Meat closed down 3.7% during the regular session Tuesday as the S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.16% rose 1%.

/zigman2/quotes/202094900/composite
US : U.S.: NYSE
$ 54.61
-1.29 -2.31%
Volume: 2.06M
Sept. 21, 2020 4:00p
P/E Ratio
25.81
Dividend Yield
3.81%
Market Cap
$17.00 billion
Rev. per Employee
$892,833
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/zigman2/quotes/211617595/composite
US : U.S.: Nasdaq
$ 148.80
-0.24 -0.16%
Volume: 3.84M
Sept. 21, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$9.31 billion
Rev. per Employee
N/A
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/zigman2/quotes/210599714/realtime
US : S&P US
3,281.06
-38.41 -1.16%
Volume: 2.97B
Sept. 21, 2020 5:00p
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