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Exclusive: Blue Apron's CEO On Why Revenue Growth Is Sustainable 'Even Beyond COVID'
Wednesday, February 24, 2021 - 8:40am | 802Meal kit delivery company Blue Apron Holdings (NYSE: APRN) recently reported mixed fourth-quarter results. A loss of 67 cents per share fell short of the 61-cents-per-share loss expected, while revenue of $115.46 million beat estimates of $110.5 million. Following the report, Benzinga had...
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How Blue Apron's 'Wellness 360' Campaign Focuses On Holistic Wellness
Monday, December 14, 2020 - 3:24pm | 340Meal delivery kit Blue Apron Holdings, Inc. (NYSE: APRN) announced a "Wellness 360" campaign Monday designed to promote holistic wellness through home cooking. What Happened: Blue Apron launched Monday a new line of meal kits that it said helps people improve their physical, brain,...
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Was Blue Apron Doomed From The Beginning?
Wednesday, December 19, 2018 - 12:40pm | 682Less than 18 months after its high-profile IPO, Blue Apron Holdings Inc (NYSE: APRN) is officially a penny stock. Blue Apron shares dropped below $1 for the first time this week, marking a more than 90 percent decline from its June 29, 2017 IPO price of $10. With heavy hitters targeting the company...
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Why Walmart's Jet.com Is Important For Blue Apron
Monday, October 29, 2018 - 1:54pm | 375Meal delivery kit provider Blue Apron Holdings Inc (NYSE: APRN) struck an agreement with retail giant Walmart Inc (NYSE: WMT) to sell its products online. What Happened Blue Apron's meal kits will be available for purchase in selection regions as of Monday on Walmart's Jet.com platform, the...
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KeyBanc: Blue Apron Could Be A 'Compelling Acquisition Target'
Monday, November 20, 2017 - 2:45pm | 464Blue Apron Holdings Inc (NYSE: APRN) is one of the duds among this year's IPOs. The stock has pulled back notably from its offer price of $10. Against this backdrop, there's been talk of whether the meal kit company's valuation is attractive enough to solicit M&A...
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Blue Apron Impresses The Street In Q3 Report
Thursday, November 2, 2017 - 9:43am | 493Blue Apron Holdings, Inc. (NYSE: APRN) reported third-quarter results Thursday before the open, sending shares higher by more than 5 percent. Granted, the stock is down more than 50 percent since its post-IPO highs, but the earnings report could be seen by some as a turning point. Blue...
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Guggenheim Analyst Explains The Bullish Case For Blue Apron
Monday, September 25, 2017 - 2:25pm | 395Shares of Blue Apron Holdings Inc (NYSE: APRN) gained more than 6 percent on Monday after analysts at Guggenheim initiated coverage of the stock with a Buy rating. The firm's Matt DiFrisco's bullish stance stems from the company's already dominant market share, which can sustain the company for...
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Amazon's Whole Foods Deal Is Supporting This Little-Known Company
Monday, July 17, 2017 - 9:11am | 436Blue Apron Holdings Inc (NYSE: APRN), a home delivery meal kit company, is off to a rough start after its IPO debut in late June. The stock opened for trading at $10 per share on June 29. Since then the stock has seen continued downward pressure as Amazon.com, Inc. (NASDAQ: AMZN) could leverage its...
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Digesting Meal-Kit Service Offerings Ahead Of Blue Apron's IPO
Monday, June 19, 2017 - 9:12am | 1004The concept of meal-kit delivery is catching on like wildfire as time-constrained consumers, who still cherish homemade food, are provided with all paraphernalia to dish out a sumptuous meal. These services help you with recipes, cooking tips and also ship you the exact amount of ingredients that...