|Bid||9.41 x 21500|
|Ask||9.41 x 34100|
|Day's Range||9.34 - 9.43|
|52 Week Range||4.99 - 11.16|
|Beta (5Y Monthly)||1.55|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 19, 2017|
|1y Target Est||7.31|
(Bloomberg) -- HelloFresh SE said a sustained increase in demand for meal kits prompted the company to raise its forecast for sales and profitability.More favorable than expected summer seasonality, additional demand triggered by a renewed worsening of the pandemic in some markets and higher customer retention mean full year 2020 revenue growth will now be 75% to 95%, compared with an earlier forecast of 55% to 70%, HelloFresh said in a statement ahead of the publication of its second-quarter earnings report scheduled for Aug. 11.The company’s full year 2020 adj. Ebitda margin guidance, previously 8% to 10%, has now been lifted to between 9% and 11%, HelloFresh said.Key InsightsIn a July pre-release, the company narrowed its 2020 adjusted Ebitda margin guidance already from an earlier forecast of 6% to 10%.Revenue growth could reach about 120% in the second quarter, Bloomberg Intelligence said, while a boost in orders and customers in the U.S. could last beyond this year.Get MoreHelloFresh Climbs as Kepler Raises PT Amid Meals-at-Home BoomHelloFresh Rises as Deutsche Bank Expects Growth to ContinueHelloFresh Sees 2Q Rev, Adj Ebitda Significantly Above EstimatesFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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NEW YORK, NY / ACCESSWIRE / August 8, 2020 / Pomerantz LLP announces that a class action lawsuit has been filed against Deutsche Bank Aktiengesellschaft ("Deutsche Bank" or the "Bank") (NYSE:DB) and certain of its officers.