Tim Hortons adds vegan Beyond Meat breakfast sandwiches to menu

18 May, 2019, 04:44 | Author: Regina Silva
  • Tim Hortons adds vegan Beyond Meat breakfast sandwiches to menu

"Forty thousand restaurants worldwide will put us amongst the largest restaurant companies in the world", said CEO Jose Cil at the company's first investor day in NY on Wednesday.

The parent company of Tim Hortons, Burger King and Popeyes now has about 26,000 restaurants.

"More so than worrying about competition, I worry about how we make the products that we now have on the shelf obsolete by improving them", Brown said in early May.

The goal requires RBI to add about 1,400 restaurants annually for the next decade, said chief operating officer Josh Kobza, and it opened over 1,300 new locations in each 2017 and 2018 - mostly Burger King stores.

Burger King is opening around 100 restaurants per year in Russian Federation, the company said.

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Tim Hortons has more than 4,800 system wide restaurants located in Canada, the United States and around the globe.

"T$3 he Beyond Breakfast Sausage™ allows all Tims guests, including vegans and meat lovers alike, to enjoy the taste and satisfaction of a breakfast classic they know and love, without sacrifice", says Tim Hortons in a media release. If sales go well, the chain is planning to roll out the sandwiches across Canada by the end of summer. The five-year outlook for growth in the global burger market is expected to be 5% annually, with growth in the global coffee and chicken markets expected to be 6% annually, according to the company.

Canadian coffee chain Tim Hortons announced Wednesday that - like its competitors - it will also be testing plant-based meat on three breakfast sandwiches.

The move comes as restaurants look to increase their plant-based protein options.

Following Tim Horton's announcement that it was going to be introducing three new sandwiches using plant-based meat substitutes, share prices for Beyond Meat immediately skyrocketed. The Lightlife burger will be available at 70 Kelsey's Original Roadhouse locations starting June 3.

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