Beyond Meat (NASDAQ:BYND) shares soared more than 60% on Tuesday after the company revealed a major distribution expansion with Walmart, bringing a broader range of its plant-based products to more than 2,000 stores nationwide.
The news extended a remarkable three-day rally that has already seen the stock climb roughly 180%, with traders increasingly eyeing the name as a potential short squeeze target. Tuesday’s update added fresh fuel to the momentum.
Under the expanded partnership, Walmart will be one of the first national retailers to stock Beyond Meat’s new Beyond Burger 6-Pack, a value-format package of the company’s latest burger generation. The retailer will also carry Beyond Chicken Pieces and Beyond Steak Korean BBQ-Style as part of the rollout.
“We are proud to expand our distribution at Walmart, providing more consumers with access to Beyond’s clean and nutritious plant protein products,” said Ethan Brown, founder and CEO of Beyond Meat. “Moreover, at a time when many households are navigating rising food prices, we’re pleased to introduce our new Beyond Burger value pack — the same great-tasting burger at a lower price point, delivering 21g of protein, no cholesterol, and only 2g of saturated fat from heart-healthy avocado oil per serving.”
The company noted that its fourth-generation Beyond Burger delivers 21 grams of protein per serving, with no GMOs or cholesterol. Beyond Chicken Pieces offer the same protein level, while the Beyond Steak Korean BBQ-Style provides 20 grams per serving, reinforcing the brand’s focus on high-protein, plant-based innovation.