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.
Legendary Actress Loni Anderson: Forever Beautiful at 78
A Star That Lives On Beyond Time
Loni rose to stardom in the late 1970s when she played the sexy and intelligent Jennifer. She won three Grammys for the program, which followed the highs and lows of a made-up Ohio radio station.
According to Loni, “I think women liked that I embodied both sexiness and intelligence.” “There weren’t many women in comedy in 1978 who could pull off the two seamlessly.”
Early Mistakes and Unwavering Willpower
Loni found it difficult to get beyond the obstacles in her way when she first became famous. The first girl in the school had to endure stares and remarks, so it wasn’t always easy to wear a bra. However, Loni demonstrated that nothing could stand in her way.
She never turned back after making her acting debut in 1966. She continued to solidify her reputation as a legendary actress by making cameos in a number of TV series and motion pictures. Her appearance in a bikini poster, which was crucial to her landing the Jennifer role on WKRP, is one of her most memorable moments.
Loni grinned and said, “I posed for that poster because my grandchildren would see it one day.” And I’ll be happy to inform them that’s just how I came across. You received exactly what you saw.
Overcoming Personal Challenges
Loni’s personal life wasn’t always glamorous, even though she was well-known on television. She experienced highs and lows in her four marriages, the most well-known being to actor Burt Reynolds. After six years of marriage, their dramatic and widely publicized divorce was tainted by derogatory comments and accusations. But in the end, Loni showed incredible strength by admitting the difficulties she had. She was honest about the allegations of physical abuse and unpaid child support.
When Burt passed away in 2018, Loni paid her respects, which says volumes about her personality. She knew how he affected her life and their son Quinton’s. This reveals her ability to be forgiving and kind.
Increasing in Years But Not in Grace
Loni Anderson, who is 78 years old, exudes beauty. She credits maintaining a healthy lifestyle with frequent exercise and a balanced diet for her youthful appearance. She strives to redefine the boundaries of age and confronts the notion of what a grandma should look like with unyielding tenacity.
Loni said, “I never thought I wanted to be the traditional, sensible-shoe-wearing, rocking-chair-wearing grandma.” “We need to shift people’s perceptions of what grandmothers can be because they don’t fit that stereotype!”
A Life Overflowing with Inspiration and Love
Not only does Loni have a positive attitude on life, but she also surrounds herself with the proper people. In 2008, she tied the knot with guitarist Bob Flick, her true love. These days, they are content grandparents raising a lovely family. It’s always a pleasure to be with Loni Anderson, who never fails to uplift us with her optimistic outlook on life despite hardships like learning that her daughter has multiple sclerosis. She tells us that real beauty comes from the inside out and that age is just a number.
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