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.
Animal rescued from the cold looks like a hairless cat — you’ll never guess what it really is
For many animals, fur is essential because it offers much-needed insulation from the cold. Additionally, it gives them their unique appearances; there are some creatures that you might not even identify when they are fully bald.
A more rarer critter that resembles a hairless cat was just taken up by rescuers. Continue reading to find out more about this unusual species and her improbable survival.
The strangest animal was adopted by Hope for Wildlife, a charitable conservation organization in Nova Scotia, last month. A couple in West Arichat found the animal, suffering in the cold, in their backyard, according to the Canadian Press.
The creature appears to be a Sphynx cat at first glance, but it’s actually a fully hairless raccoon!
Without their distinctive fur pattern that resembles a mask, raccoons are definitely difficult to identify. This small animal, a northern raccoon, suffers from severe alopecia, which has left it entirely bald.
There have been examples of balding raccoons in the past, but nothing like this, according to the rescue: “It’s just tufts of fur around the snout, ankles and feet.” The Canadian Press was informed by Hope Swinimer, director of Hope for Wildlife, that the situation was serious.
Despite being female, the raccoon has been named Rufus in honor of the character from the Kim Possible cartoon who is a naked mole rat.
The rescue said on Facebook that they are still in the process of diagnosing the reason for her hair loss and that it might be an autoimmune condition causing harm to her hair follicles. Not only did they rule out fungal infections, mange, and parasites, but they also noted that her skin looked healthy.
Since raccoons rely on their fur to remain warm and shield their skin from the weather, Rufus’s survival for this extended period of time astounded the rescuers.
“We are astonished that this small lady survived the winter without fur and without getting frostbite or worse!” the Facebook post stated.
They went on to say that she was “her own doing” and that she had a “feisty” personality. Nevertheless, given that she was apparently “down and out upon arrival,” it appears that she was saved just in time.
For a few brief hours, we were in a panic, but then she became hungry and came out. We’ve noticed a significant change since she first came, and she’s becoming really feisty now, Swinimer told The Canadian Press.
Given the situation, Rufus may end up staying at the shelter permanently. In addition to having a dedicated habitat, an outside area with a place to crawl into for warmth, and other facilities like hammocks and nesting boxes, Rufus will have all of these.
We’ve never before seen a raccoon without hair! Rufus’s prolonged survival in the wild is amazing, and we’re happy that she was discovered and is receiving quality care.
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