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.
Tallulah Willis Opens Up About Autism Diagnosis
In a heartwarming Instagram post, Tallulah Willis, youngest daughter of Hollywood stars Bruce Willis and Demi Moore, shared a touching childhood memory of her father carrying her on the red carpet. However, the post carried a deeper meaning, hinting at Tallulah’s recent autism diagnosis. Let’s delve into her story and learn more about her condition!
Tallulah’s Instagram video clip showed her as a young child playfully interacting with her father’s head while he spoke to the media at a film premiere. She captioned the clip with the phrase “tell me your autistic without telling me your autistic [sic],” inviting her followers to engage in a conversation about autism.
The response from Tallulah’s 408,000 followers was overwhelmingly supportive and loving. Many shared their own knowledge and experiences with autism, discussing Tallulah’s symptoms and the loving reaction of her father. One user even praised Bruce for his exceptional care, saying, “Your dad is one-of-a-kind honey, and so are you.”
When questioned by a psychologist specializing in neurodivergent conditions, Tallulah revealed that this was the first time she had publicly shared her diagnosis. She discovered her autism diagnosis during the summer, and it has had a significant impact on her life.
Autism spectrum disorder (ASD) is a developmental disability that affects social communication, interaction, and behavior. According to the Centers for Disease Control and Prevention (CDC), individuals with ASD often display restricted or repetitive behaviors and interests. Tallulah’s sister, Scout LaRue Willis, provided further insight by explaining that Tallulah’s actions in the video, such as folding her father’s ear, are a form of stimming. Stimming helps individuals regulate sensory input.
Tallulah’s revelation comes at a challenging time for the Willis family, as they continue to support their father, Bruce Willis, in his battle with aphasia and frontotemporal dementia (FTD). Bruce was diagnosed with FTD, a degenerative condition primarily affecting communication and behavior, in 2023. One of the early symptoms he experienced was aphasia, which affects language skills.
For now, Tallulah has chosen not to disclose further details about her diagnosis. The outpouring of love and support for her speaks volumes about the resilience of the Willis family. Let’s send our best wishes to Tallulah and her family as they navigate this new chapter in their lives.
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