Tattooed Chef expands presence in frozen foods aisle, moves into chilled and refrigerated foods
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Beyond Meat, Inc (NASDAQ:BYND), (TTCF) - Stock Wars: Beyond Meat Vs Tattooed Chef
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Oatly (NASDAQ:OTLY). These three stocks are all in the food industry and growing their revenues at impressive rates. Below I share a few reasons to add them to your watch list.
Three reasons to add Tattooed Chef to your watch list
Tattooed Chef reported 59% year-over-year (YOY) revenue growth and 105% YOY branded product growth for the first quarter of 2021.
Tattooed Chef has a strong balance sheet with substantial cash and short-term investments with zero debt.
On May 18, 2021, Tattooed Chef announced that it had completed the acquisition of New Mexico Food Distributors and Karsten Tortilla Factory. This acquisition will diversify and expand manufacturing capabilities, and accelerate the expansion of products outside the frozen food market.
New plant-based food items make it Whole Foods Market stores nationwide
Tattooed Chef, Inc., a plant-based food manufacturer, today announced it has launched two of its original vegetable products in Whole Foods Market stores nationwide.
Starting this week, 12oz bags of the following will be found at Whole Foods Market stores:
Organic Greens: An assortment of five different greens. Seasoned zucchini, broccoli, haricots verts, peas & leeks. (GLUTEN-FREE & VEGAN)
Zucchini Spirals: 100% Zucchini individually portioned in a spiral nest. (GLUTEN-FREE & VEGAN)
“Whole Foods has been a terrific partner since 2010 and we are excited to officially launch our branded products in their stores,” said Sarah Galletti, Founder and the “Tattooed Chef.” “Our Organic Greens5 and Zucchini Spirals are delicious, and we can’t wait for you to try them.”