Shake Shack CEO 'watching' plant-based burger market, but no plans to launch their own
The CEO of Shake Shack says they aren't planning to launch a plant-based burger anytime soon but are "watching to see how it plays out."
Randy Garutti appeared on CNBC show Squawk Box yesterday.
He was asked about the rise of Beyond Meat which has recently gone public on the stock market.
When asked about launching their own vegan-friendly product, Garutti said:
"We have no intention of doing it today, we want to watch and see how this plays out.
"Shake Shack was built on doing classic things better than other people did them, so let’s watch a little bit."
The chain does currently have a vegetarian option which is a mushroom burger rather than a meat-replacement.