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.

The Truth About Walmart’s Rotisserie Chicken

Do you intend to purchase the reasonably priced rotisserie chicken at Walmart? Let’s go over a few crucial points that you should think about before you decide.

Size Counts

The $4.98 price tag might appear like a fantastic deal at first. You might be disappointed to hear, though, that the actual amount of chicken you’ll get is less than two pounds. It weighs exactly one pound and thirteen ounces. You’re getting very little chicken for your hard-earned cash. But fear not—better alternatives are offered at the same cost. Think about going to Costco or Sam’s Club, where you can obtain a larger chicken without going over budget.

Taste and Quality

Even though Sam’s Club and Walmart are owned by the same company, their rotisserie chickens are not made equally. Similar to Costco’s well-known rotisserie chicken, Sam’s Club provides a substantial 3-pound chicken. Taste tests show that Costco’s chicken consistently beats out the competition because to its great flavor and juiciness. However, Walmart’s chicken isn’t always up to par. Therefore, you might want to consider alternative options if you’re looking for the ultimate flavor experience.

Unreliable Reviews

You should spend some time reading the reviews on Walmart’s product page before you buy a rotisserie chicken. Concerns about their chicken being overdone or undercooked have been voiced by numerous customers. It’s important to bear in mind this variation in quality.

Sodium Level

Walmart does have an advantage in one area, though, and that is with the amount of sodium in their rotisserie chicken. A 3-ounce portion at 690 mg of salt is slightly more than that of Costco at 460 mg and Sam’s Club at 550 mg. But if you watch how much sodium you eat, there’s a better option. Take Whole Foods as an example. They have rotisserie chicken there, and each quarter of a bird only has 280 mg of sodium.

Hence, keep in mind that other supermarkets provide a larger and more tasty alternative to Walmart’s rotisserie chicken for the same price if you’re tempted to buy it. Additionally, Whole Foods can be the best option for you if you’re worried about how much sodium you’re consuming.

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