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Feb. 27, 2020, 8:12 a.m. EST

Wendy's launches plant-based 'Plantiful' burger in Canada

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By Tonya Garcia

Wendy's Co. /zigman2/quotes/204070192/composite WEN +0.38% said Thursday that it has launched "The Plantiful," a plant-based burger, in Canada. Wendy's created its own recipe for The Plantiful patty, rather than turning to Beyond Meat Inc. /zigman2/quotes/211617595/composite BYND +6.18% or Impossible Foods for one of their products. The Plantiful patty is made with a pea-based protein and comes with lettuce, tomato, pickles, ketchup and cheese. Wendy's is also poised to launch its breakfast menu on March 2, which will include items like the Breakfast Baconator. Wendy's, which announced quarterly earnings on Wednesday, is down 2.7% in premarket trading, though the stock has rallied 26% over the past year. The S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.48% is up 11.6% for the last 12 months.

/zigman2/quotes/204070192/composite
US : U.S.: Nasdaq
$ 21.26
+0.08 +0.38%
Volume: 2.88M
May 29, 2020 4:00p
P/E Ratio
41.66
Dividend Yield
0.94%
Market Cap
$4.73 billion
Rev. per Employee
$131,400
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/zigman2/quotes/211617595/composite
US : U.S.: Nasdaq
$ 128.29
+7.47 +6.18%
Volume: 7.61M
May 29, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$7.52 billion
Rev. per Employee
N/A
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/zigman2/quotes/210599714/realtime
US : S&P US
3,044.31
+14.58 +0.48%
Volume: 4.28B
May 29, 2020 4:20p
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