Blue Apron Holdings, Inc. (APRN)
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Despite seeing declining revenue and a deeper loss compound, Blue Apron maintains that the events of the past 20 months have precipitated a rise in home cooking that will boost sales going forward. The company announced on Tuesday (Nov. 9) that its third-quarter loss widened 81% year over year to $27.6 million, while revenue decreased […]
Blue Apron Holdings Inc. says customers are eating up the Heat & Eat meals the company launched in September, driving a record average order value (AOV) for the third quarter.
Blue Apron Holdings, Inc. (APRN) CEO Linda Findley Kozlowski on Q3 2021 Results - Earnings Call Transcript2021-11-09 11:33
Blue Apron Holdings, Inc. (APRN) CEO Linda Findley Kozlowski on Q3 2021 Results - Earnings Call Transcript
Blue Apron Holdings Inc (NYSE: APRN) reported a third-quarter FY21 net revenue decline of 2% year-on-year to $109.65 million, missing the consensus of $120.40 million. Average Order Value rose 6% Y/Y to $62.30.
Shares of meal-kit provider Blue Apron Inc. APRN, -9.33% were down 14% in premarket trade Tuesday, after third-quarter earnings fell short of estimates and its loss widened from a year ago. The company posted a net loss of $27.6 million, or $1.17 a share, for the quarter, wider than the loss of $15.3 million, or 96 cents a share, posted in the year-earlier period.
NEW YORK--(BUSINESS WIRE)--Blue Apron Holdings, Inc. (NYSE:APRN) announced today financial results for the quarter ended September 30, 2021. “Our focus on providing increased variety and flexibility to our customers through the continued roll out of product innovations, including Heat & Eat, our first-ever prepared, single-serving meal, has proven to be successful, as evident in the growth of our Average Order Value (AOV) to a third quarter record of $62.30. We are encouraged by 2021 third
The COVID-19 pandemic has been a business-changing event for the restaurant industry and food-related businesses. With the reopening trade providing a lift to some businesses, food stocks could be under watch this week with some that saw business boosts during the pandemic and some that had harder times all reporting quarterly earnings.
NEW YORK--(BUSINESS WIRE)--Blue Apron Holdings, Inc. (NYSE: APRN) announced today the closing of its previously announced $78.0 million equity capital raise. The subscription period of the rights offering expired at 5:00 p.m., Eastern Time, on October 28, 2021. “Over the last two years, we worked diligently to execute our business strategy, with a focus on product variety and providing a great customer experience,” said Linda Findley, Blue Apron's President and Chief Executive Officer. “Now, wi
Facing many challenges, expect these seven retail stocks to experience to a big drop in price over the next twelve months. The post 7 Retail Stocks That Will Be Six Feet Under in 2022 appeared first on InvestorPlace.
NEW YORK--(BUSINESS WIRE)--Blue Apron Holdings, Inc. (NYSE: APRN) announced today that it will release its third quarter 2021 financial results prior to the opening of the U.S. financial markets on Tuesday, November 9, 2021. The release will be followed by a conference call and live webcast at 8:30 a.m., Eastern Time, hosted by Blue Apron Chief Executive Officer Linda Findley and Chief Financial Officer Randy Greben, during which they will discuss the third quarter 2021 results and business out