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.

Ashley Graham Explains Why She Stopped Breastfeeding Her 5-Month-Old Twins

Ashley Graham is one of the most relatable models and public figures out there. After becoming the first-ever plus-size model to be featured on the cover of Sports Illustrated, she has made it her mission to spread the body positivity message. And since Graham is keeping it real in every aspect of her life, she also held nothing back throughout her pregnancies, showing what it really takes to be a mom.

Being a mom to a boy and 2 twins, Graham is spreading a message that every mom has a right to choose whether breastfeeding is right for them, regardless of society’s expectations.

In a recent interview, Graham got candid about the consequences of being pregnant that every woman goes through but prefers to not be too vocal about. The model said she also considered keeping some things to herself, admitting, “Especially with how your body is changing when you’re pregnant, and stretchmarks, and the saggy skin, formula, breastfeeding. Cause there’s also this whole thing with people telling you how to feed your child.”

Ashley proceeded to explain her experience with breastfeeding: “With my first kid, I was like, ’I can only breastfeed! This is the right way!’ Then I had the twins, and I was like, ’I’m not doing this. This is not working here. Both of you want both of these? This is a lot of work.’ So I stopped breastfeeding when they were 5 months, and I gave them the best formula that I could find… And these little guys are so strong and so happy.”

Ultimately, Graham believes it’s up to every mom to decide between formula or breastfeeding based on their personal experience. She drove her point home, saying, “I don’t think we should be telling people how we should be feeding our kids.”

The model then became even more relatable, sharing her physical struggles after giving birth. She said, “Your body just fills up with nutrition, and the baby sucks it out of you. And then the baby comes out and all of a sudden you’re just fully depleted of everything, so your hair falls out, you get acne, I mean, the weight doesn’t come off.”

Graham explained her candidness, saying, “I like to represent myself as someone who’s just happy with who I am. And I had a journey, like, it is a journey, body confidence, being okay with who you are is a journey… I don’t ever want to lie.” And we’re all grateful for the model sharing her experiences with us, as it makes mothers around the world feel seen and heard.