NEW YORK, Jan 20 (Reuters) - McDonald's Corp said on
Thursday it will expand its U.S. test of a plant-based burger it
created with vegan meat maker Beyond Meat Inc to about
600 locations next month.
The restaurants - in San Francisco, California and
Dallas-Forth Worth, Texas - will sell the so-called "McPlant"
burger starting Feb. 14 for as long as supplies last in order to
"help us understand customer demand," the Chicago-based chain
said in a post on its website.
Shares of Beyond Meat, which makes the McPlant patty from
peas, rice and potatoes, were up more than 5% at midday.
McDonald's initially tested the burger in eight U.S.
locations in November.
In December, two Wall Street analysts forecast a major U.S.
expansion of the McPlant.
One of those analysts, BTIG's Peter Saleh, said on Thursday
that the expanded test "moves the product one step closer to a
national launch, which could be worth several hundred million
dollars" to Beyond Meat.
(Reporting by Deborah Sophia in Bengaluru; Additional reporting
by Hilary Russ in New York; Editing by Kirsten Donovan and