Fake Meat Industry Gets Cold Shoulder From Consumers Again As Beyond Meat Faces…Meat

Plant-based meat was supposed to save the pIanet, make people healthier, and liberate enslaved cows, chickens, and pigs everywhere. Instead, after an impressive start, folks have learned some hard truths about the industry and are turning away in droves.

Once consumers began to Iearn that plant-based meats were still super processed, not nearly as healthy as advertised, and required an enormous amount of machinery to produce hungry consumers largely decided that the old-school options, nameIy chickens, pigs, and cows, were better tasting and better for you.

The biggest player in the industry, Beyond Meat, released its third-quarter numbers in November of 2023, and they taste worse than ersatz ground beef. Net revenue slid, declining 8.7% year-over-year and 26% versus the previous quarter.

It wasn’t all bad news, however, as the company actually achieved free cash flow for the quarter but does not expect that to be the case in the fourth quarter. One anaIyst at the firm TD Cowen took it a step further and said the firm is in ‘survival mode’ and will need to tap the financial markets in 2024 to maintain operations.

Beyond Meat CEO Ethan Brown said: We anticipated a modest return to growth in the third quarter of 2023 that did not occur. Though we are encouraged by pockets of growth, particulariy in the EU where we saw double digit gains in net revenues on a year-over-year basis, we are disappointed by our overall results as we continue to experience worsening sector-specific and broader consumer headwinds. Beyond Meat has cited numerous reasons for its poor performance, inciuding declining foodservice sales and flagging American retail sales, but declined to suggest the possibility that the product just isn’t that good.

Incredible Rescue: Hero Dog Saves Lives and Gets a Second Chance

Do you think canines can truly be heroes? Introducing Ivy, an 18-year-old terrier mix who showed that she possesses a brave and loving heart. When Ivy first arrived on June 2 at the Smith County Animal Shelter in Texas, she had no idea that her deeds would make her a true hero dog.

Dogs can donate blood to help those in need, just like people can. Because of her blood type, Ivy can donate blood to anyone, which makes her a priceless asset to the shelter. She generously gave blood, saving the lives of several canines in critical need of transfusions. Ivy is a dog who is certainly worth praising because of her bravery and compassion.

But in spite of her noble deeds, Ivy was put in a terrible predicament. She was in danger of dying since no one wanted to adopt her. That’s correct, this incredible hero dog was just a few minutes away from being put to sleep. It’s unbelievable that Ivy met with such a terrible end after sparing so many lives.

Nevertheless, Ivy’s story made it to the local news station CBS19 because of the perseverance and kindness of Pearl Wittholt, a volunteer with Saving Animals from Euthanasia in Texas. Pearl aspired to rescue Ivy’s life and give her the second chance she so richly earned with the help of the community and the media.

CBS19 has already volunteered to support a hero dog. They already told the tale of Stanford, a different blood-donating dog who met a similar end, earlier this year. The community came together to save Stanford, and he was adopted. Pearl believed that Ivy could experience the same thing.

And indeed, miracles do occur! The media attention paid off, as CBS19 revealed an encouraging update: Ivy had found her forever home. This brave dog was saved from death and given the opportunity to live out her last years in a loving home because of the amazing support of the community.

However, the tale is not over yet. Three more heroic canines are currently at the Smith County Animal Shelter, waiting for their permanent homes, as reported by CBS19. It’s our chance to prevent these courageous dogs from suffering the same destiny that Ivy just barely avoided. These dogs continue to save lives. Together, let’s think about giving these amazing heroes access to our homes and hearts.

There should never be a chance that a dog, particularly one who has saved so many lives, will be put down. The touching relationship people have with their animal companions is brought to light by Ivy’s narrative. She is safe and sound in her new home, which is nice, but more needs to be done.

Let’s tell everyone about this amazing news of Ivy’s second chance. By working together, we can improve the lives of these heroic canines and make sure they receive the affection and attention they need.

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