|Bid||1.35 x 3200|
|Ask||1.36 x 3200|
|Day's Range||1.33 - 1.38|
|52 Week Range||1.29 - 5.55|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.71|
Blue Apron (APRN) is proud to introduce “Blue York City,” an immersive culinary experience that pays homage to the diverse culinary profiles of select New York City neighborhoods, at the Grand Tasting of the 11th Annual Food Network & Cooking Channel New York City Wine & Food Festival (NYCWFF) presented by Capital One.
New York-area startups and venture capitalists are making funding deals with the hopes of creating the next profitable company. Here's one deal announced Tuesday: Who gets: Kettlebell Kitchen, a Brooklyn-based provider of healthy prepared meals and custom meal plans, raised a new round of funding.
Blue Apron Holdings, Inc. (APRN) is pleased to announce that the company has refinanced its existing revolving credit facility. As part of the refinancing, the company entered into an amendment to the revolving credit agreement with its existing lender syndicate, led by Morgan Stanley, to, among other things, extend the final maturity date of the facility from August 2019 to February 2021, reduce the aggregate lender commitments to $85.0 million, and increase the applicable interest rate spread currently paid by the company by two hundred basis points. “This non-dilutive refinancing represents another step forward in our efforts to strengthen the financial profile of the business as we continue to drive toward our goal of achieving adjusted EBITDA breakeven in 2019,” stated Tim Bensley, Chief Financial Officer, Blue Apron.
Personalized online apparel company Stitch Fix (NASDAQ:FIX) has been a market darling for most of 2018. As a result, SFIX stock dropped more than 35% in a single day. Stitch Fix has potential to be a $10 billion-plus business one day as consumers globally increasingly adopt Stitch Fix’s more efficient method of shopping, which leverages data, technology, and curation to make shopping more convenient and more cost and time efficient.
Blue Apron (APRN), the online meal kit provider, has partnered with GrubHub (GRUB) to sell its meal kits on GrubHub’s platform. Blue Apron will change its menus on a weekly basis. GrubHub is an online food-delivery service that helps customers connect with local restaurants.
Blue Apron, which has struggled to hold onto customers amid growing competition and distribution issues, said Tuesday that it is testing selling its kits through on-demand food service Grubhub.
Blue Apron Holdings, Inc. (APRN), known for delivering incredible meal experiences, today advanced one of its growth strategies to meet a wider range of consumer needs, lifestyles, and preferences with the launch of its first on-demand delivery offering, with additional on-demand channel expansion expected in the near future. Beginning this week, a rotating selection of Blue Apron meals are available on-demand to consumers in select zip codes in New York City on the Grubhub and Seamless online and mobile platforms. In addition to Blue Apron meals, consumers can order add-on culinary products from Blue Apron premium suppliers and partners, including Vermont Creamery cheeses, Irving Farm coffee, and a selection of broths from Brodo.
For busy adults trying to cook more with high-quality ingredients, Blue Apron Inc., one of the first meal kit companies, seems to offer an easy solution. More than just delivering good food to your door, the company markets itself as part of a do-gooder lifestyle. “With each Blue Apron home chef,” its website says, “we can build a better food system.” For those food-woke people who still want to shop, there are such supermarket brands as Tyson Foods Inc.’s antibiotic-free pork line, Open Prairie Natural Pork. Until recently, Tyson supplied Blue Apron with antibiotic-free pork.
Customer-obsessed companies have vastly outperformed the S&P 500 for decades. The vice president of Maritz Loyalty shares how customer satisfaction is evolving, and what it will mean for investors.
Always on the hunt for names that the markets have jettisoned in order to find potential bargains, I stumbled onto Blue Apron Holdings Inc. In this case, we'd received several discount offers for Blue Apron's mail-order meal kits, which in turn led to me checking out the stock. Blue Apron went public on June 29, 2017, at $10 a share and briefly rose to $11 that day, but it has been downhill ever since.
The iPhone maker topped the $1 trillion mark -- no shock. Google appears set to cave to China on censorship; we (and Baidu) did not see that coming.
Blue Apron Holdings (APRN) has put extensive cost-cutting measures in place to boost its operational efficiency. In the first quarter, its total operating expenses were down 23.6%, while in the second quarter, its total expenses were down 21.8%. Blue Apron’s cost of goods sold (excluding depreciation and amortization) expense rate improved 310 basis points and 400 basis points, respectively, in the first and second quarters due to efficiency achievements in food costs.
Blue Apron Holdings (APRN) is credited with conceptualizing the meal kit concept in the United States. Blue Apron reported revenue falls of 20% and 25% YoY (year-over-year) in the first and second quarters, respectively. The key drivers of Blue Apron’s slowing top line have been customer losses and stiffening competition in the meal kit market.
Blue Apron Holdings (APRN) stock has fallen 52.6% this year as of September 10. The company is the pioneer of meal delivery kits, which include recipes along with proportionate fresh and organic ingredients. Blue Apron has reduced its marketing expenses as it has directed more resources toward speeding up operations at its Linden fulfillment center.
If you live in New York, GrubHub will now deliver the meal kits to your door. Yahoo Finance’s Alexis Christoforous and Brian Sozzi have more.