Blue Apron Holdings Inc   (APRN)
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Price: $12.9900 $-0.01 -0.077%
Day's High: $13.01 Week Perf: 0.23 %
Day's Low: $ 12.99 30 Day Perf: 0.7 %
Volume (M): 112 52 Wk High: $ 13.01
Volume (M$): $ 1,459 52 Wk Avg: $5.34
Open: $13.00 52 Wk Low: $0.41

 Market Capitalization (Millions $) 100
 Shares Outstanding (Millions) 8
 Employees 2,390
 Revenues (TTM) (Millions $) 425
 Net Income (TTM) (Millions $) -112
 Cash Flow (TTM) (Millions $) -4
 Capital Exp. (TTM) (Millions $) 5

Blue Apron Holdings Inc
Blue Apron Holdings Inc. is an American meal-kit delivery company based in New York City. It was founded in 2012 by Matthew Wadiak, Ilia Papas, and Matt Salzberg. The company's mission is to make home cooking accessible to everyone by providing high-quality ingredients and easy-to-follow recipes.

The company offers two types of meal plans: a 2-person plan and a family plan. These plans can be customized to include different types of meals, dietary restrictions, and delivery schedules. Customers can choose from a rotating selection of seasonal recipes that are designed by Blue Apron's team of chefs and nutritionists.

Blue Apron sources its ingredients from sustainable and ethical suppliers, and it prioritizes organic and non-GMO products when possible. The company also focuses on reducing food waste by pre-portioning and packaging ingredients, and by donating excess food to local food banks.

Since its founding, Blue Apron has grown rapidly, attracting millions of subscribers and achieving a valuation of over $2 billion. However, the company has also faced significant challenges, including rising competition from other meal-kit providers and declining subscriber numbers. In 2017, Blue Apron went public on the New York Stock Exchange, but its stock price has since struggled.

In recent years, Blue Apron has expanded its offerings beyond meal kits, launching a meal-prep kit called Knickknacks and partnering with retailers like Costco to sell its products in stores. The company has also invested in automation and technology to improve its supply chain and reduce costs.

Overall, Blue Apron Holdings Inc. is a meal-kit delivery company that aims to make home cooking accessible and sustainable. While it has faced challenges in a competitive market, the company remains committed to its mission and continues to innovate and evolve its offerings.

   Company Address: 28 Liberty Street New York 10005 NY
   Company Phone Number: 719-4312   Stock Exchange / Ticker: NASDAQ APRN
   APRN is expected to report next financial results on March 15, 2024.


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Blue Apron Holdings Inc

Internet Retailer Suffers Hefty Losses in Q3 2023, Far Exceeding Last Year's Figures

Blue Apron Holdings Inc, a renowned Internet, Mail Order & Online Shops company, has recently released its third-quarter financial results for 2023, and it paints a bleak picture for the company's future. Lower orders have caused revenue to vanish, leading to a larger shortfall for Blue Apron.
In the third quarter of 2023, Blue Apron reported losses of -$1.34 per share, a significant drop from the previous year. Additionally, revenue fell by a staggering -9.908% to $98.80 million compared to the same period in 2022. This decline in revenue is in stark contrast to the overall growth of the Internet, Mail Order & Online Shops industry, which posted a top-line gain of 10.58% in the third quarter of 2023.

Blue Apron Holdings Inc

Online Shops Company Soars to New Heights in Q1 2023 Earnings Season

Blue Apron Holdings Inc is an American meal delivery service operating in the United States, Canada, and Mexico. For the financial period ending March 31, 2023, the company showed a remarkable improvement in its financial performance. The company reported a decrease in its loss per share by 0.66 cents per share compared to last year, while its income per share improved by 0.18 cents per share from the previous reporting period. Blue Apron Holdings Inc also reported an increase in its revenue by 5.675% to $113.08 million from $107.01 million in the same financial period a year ago.
This significant revenue growth reflects Blue Apron's successful strategy in penetrating the market and capturing a larger customer base. Moreover, the company's revenue surged by 3.114% sequentially from $109.67 million, indicating that the growth momentum is picking up. These impressive figures demonstrate the company's ability to withstand the challenges in the competitive retail industry and highlight its potential for sustained growth.


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