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.
Liam Payne’s Final Words to His Partner Will Leave You Heartbroken
Kate Cassidy shared a heartfelt post on Instagram, including a note from Liam Payne, which revealed his plans for their future and showed the beautiful memories they shared.
Just three days after being seen in public for the first time since her boyfriend Liam’s unexpected passing, Kate posted the tribute on October 23, 2024. The lovely photos she shared touched fans deeply, but it was Liam’s note, given to her weeks before his death, that truly left fans heartbroken.
Kate’s post offered a look into the happy life she shared with the late “Teardrops” singer. Her images showed the couple going on adventures together.
Whether they were spending time outdoors or cozying up in snowy surroundings, her photos radiated pure love and joy.
Kate Cassidy shared an emotional Instagram post following Liam Payne’s death. In her message, she expressed her heartbreak and said she wished Liam could have seen the impact he had on the world and known how deeply he was loved.
She wrote, “You are — because I can’t say were — my best friend, the love of my life, and everyone you touched felt just as special as I did. Your energy was contagious, lighting up every room.” Cassidy also shared how she is struggling to continue without him, describing Liam as “the best part” of her.
Cassidy also shared how hard it is to move forward without Liam, saying she lost “the best part” of herself. She mentioned a note he had given her, adding, “I know we’ll be together forever, but not in the way we had planned. You’ll always be with me. I’ve gained a guardian angel.”
One touching image showed a playful side of Liam, wearing pink Mickey Mouse ears and making a silly face at the camera, while Kate smiled next to him.
Another image showed them dressed up, posing at an event surrounded by beautiful scenery. Another picture captured them with their dog, sharing a sweet moment with the happy pup.
In another image, Liam, bundled up in warm clothing, playfully posed near a signpost with multiple destination markers.
One photo showed Kate caressing Liam’s face while he smiled, capturing a loving moment. Another image showed them sharing a kiss in front of a building, expressing their closeness.
In the last photos, Cassidy posted a note she received from Liam that read, “me and Kate to marry within a year/engaged & 2gether 4ever 444,” written in pencil. With the note were two cards, one reading “444” and the other showing a rose drawing.
Cassidy explained that the number “444” holds spiritual meaning, often appearing when someone feels alone, signifying angelic presence and reassurance.
After Kate’s post, fans flooded her comments with messages of sorrow. One wrote, “This has broken me more than I thought possible ,” while another added, “So sorry for your loss my heart is shattered .”
Another commented with teary emojis, while someone else expressed support, saying, “I can’t even imagine what you’ve been through; you are so strong, love. Big hug
In a past interview from 2019, Liam shared his thoughts on love, describing how he valued being with someone who was both his best friend and partner. He expressed joy in finding someone who supported him fully.
Through Cassidy’s recent words, it’s clear her relationship with Liam was also special, filled with deep love and joy.
Recently, Kate was seen for the first time since Liam’s death. She was out in Florida with friends, buying pet supplies on October 20. Fans noticed her somber expression and showed their concern.
One fan commented, “My heart is breaking for her…she looks so exhausted.” Another added, “She is devastated and heartbroken.”
Others found comfort in seeing her with their shared dog, Nala. “God bless her. I’m glad to see Nala with her. I hope Kate will be okay,” wrote one fan, while others commented on how sad and “empty” she appeared.
Fans also urged the paparazzi to give Cassidy privacy to grieve. One user sympathized, writing, “So sad to lose someone you love.” Another added personal reflections on loss, saying, “Prayers to her and the family.”
Others expressed sadness, with comments like, “I can’t imagine how broken she is. So much happened in such a short time,” noting how “gutted” she looked.
One person reflected, “She looks sad; the guilt she must be feeling right now, wouldn’t have left him alone, especially under such difficult circumstances.” Another added, “She looks miserable. Prayers for her.”
Cassidy’s sighting came shortly after Liam’s death on October 16 in Buenos Aires, Argentina. The 31-year-old singer fell from his third-story hotel room balcony. Although his passing initially seemed mysterious, it was later revealed he had been under the influence of strong drugs.
On social media, Cassidy reportedly paid tribute to him, asking for privacy to grieve, expressing how nothing felt real, and thanking fans for their love and support.
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