A&W is the first national burger chain to offer California-based Beyond Meat’s burger in menu in July.
Beyond Meat burgers sold out nationwide in a matter of weeks, said Chief Executive Officer Susan Senecal. The veggie burgers will be back in stock across Canada Oct. 1.A&W is the latest meat-focused company that sees growing opportunities in plants as some consumers turn away from traditional protein amid concerns about environmental impact, animal welfare and maintaining a healthy diet. Tyson Foods Inc., the largest U.S. meat producer, in 2016 acquired 5 percent of Beyond Meat, which has also gotten the backing of billionaire investor Bill Gates.
Maple Leaf Foods Inc., Canada’s largest packaged meat company, is now stocking shelves with plant-based imitators after acquiring vegetarian producer Lightlife Foods.
A&W Revenue Royalties Income Fund
A&W Revenue Royalties Income Fund is a limited purpose trust created to invest in the securities of A&W Food Services of Canada Inc., including common shares and A&W notes. The Company owns the A&W Marks and franchises A&W hamburger quick service restaurants in Canada.ADDRESS300 – 171 West Esplanade North Vancouver, BC V7M 3K9 CanadaPHONE 1-604-988-2141WEBSITE www.awfranchise.com
ExecutivesNAME/TITLE Susan D SenecalChief Executive OfficerDonald T Leslie “Don”CFO/Investor RelationsPatricia M Sahlstrom “Trish”Senior VP/Chief Commercial OFCR Neil FarmerVP:OperationsJanice W BeerVP:People PotentialHugh R SmytheSecretary Board MembersNAME/COMPANY John R McLernonA&W Trademarks IncHugh R SmytheA&W Revenue Royalties Income FundJefferson J MooneyA&W Food Services of Canada IncDavid A MindellRichard N McKerracher