3.38 0.00 (0.00%)
After hours: 7:57PM EDT
|Bid||3.31 x 3200|
|Ask||3.39 x 1200|
|Day's Range||3.26 - 3.40|
|52 Week Range||1.72 - 11.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 8, 2018 - Aug 13, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.91|
Meal kit maker Blue Apron is facing new competition as it plots a big turnaround. Yahoo Finance’s Alexis Christoforous sat down with Blue Apron’s CEO, Brad Dickerson, at the company’s NYC pop-up store.
It has been barely over a month since its initial public offering, and already, HUYA (NYSE:HUYA) is making a huge impact. Can upstart HUYA stock break this trend? To those who are new to the concept, this sounds like people watching other people play video games.
Blue Apron Holdings Inc. said Tuesday that it has named Alan Blake chief supply chain officer, starting June 25. Blake will handle sourcing, procurement, manufacturing and other duties across the company's supply chain operation. Blue Apron shares are down 2.5% in Tuesday premarket trading, but up 48% for the last three months.
Blue Apron Holdings Inc. (APRN) today announced the appointment of Alan Blake as Chief Supply Chain Officer, with an expected started date of June 25. An accomplished supply chain leader with extensive expertise in operations, Blake joins Blue Apron with more than 30 years of experience at leading consumer packaged goods, beverage and food companies. At Blue Apron, he will oversee end-to-end processes across the company’s supply chain, including sourcing, procurement, planning, manufacturing, logistics and distribution, as the company continues its multi-product, multi-channel expansion.
Consumers are staying home more than ever before and, increasingly, even when they're eating out, they're eating in. How can you invest in America's growing appetite for delivery?
Stitch Fix Inc (NASDAQ:SFIX) finds itself in a dubiously distinct situation. Despite SFIX stock being one of the best-performing investments last week when it jumped 26.5% on Friday, shares are still down almost 4% year-to-date. Obviously, you can get a sense of just how frustrating being a Stitch Fix speculator has been.
On Friday, General Electric Company (NYSE:GE) declared a 12 cent per share quarterly dividend. Long-time holders likely think back to last year, when GE stock was paying out twice that amount. In November, General Electric cut its annual dividend from 96 cents per share to just 48 cents per share.
The Berlin-based company, which operates a warehouse facility in the Bronx, expects to have a market cap of $152 million.
A Wharton professor hints that Snap and Blue Apron lack sustainable business models and explains why. Before getting into that, let's take a look at how Snap and Blue Apron are doing. Venice, Calif.-based Snap calls itself "a camera company" which operates Snapchat, a social network with about 158 million daily active users which gets most of its revenue from the advertising — 88% of which is in the U.S.
Blue Apron (APRN) today announced a partnership with the New York Botanical Garden (NYBG) to promote community well-being and raise awareness for the benefits of sustainable gardening and cooking with fresh ingredients. As part of Blue Apron’s commitment to making delicious home cooking accessible and bringing families and communities together, Blue Apron is aligning with the NYBG’s Edible Academy, a new state-of-the-art garden-based education facility. Opening June 14, 2018, this three-acre campus of gardens and indoor/outdoor smart classrooms will teach youth firsthand how to plant, water, grow, and harvest edible plants—and then integrate these fruits, vegetables, and herbs into nutritious meals.
Blue Apron, in a bid to engage consumers, this week opened its first-ever "experiential retail" pop-up shop in New York. The subscription box industry, led by the likes of meal-kit company Blue Apron and beauty-box company Ipsy, has been riding the wave of consumers’ growing online demand. While U.S. online visits to subscription box sites have risen nearly tenfold the past four years, to 41.7 million visits in April, traffic has slowed from the “exponential rates” in 2014 and early 2015, according to a study from online-traffic tracker Hitwise, which has a panel of 8.1 million U.S. online consumers.
Under review this morning are these four stocks: Alibaba Group Holding Ltd (NYSE: BABA), Blue Apron Holdings Inc. (NYSE: APRN), Hudson Ltd (NYSE: HUD), and KAR Auction Services Inc. (NYSE: KAR). Hangzhou, China-based Alibaba Group Holding Ltd’s shares declined slightly by 0.60%, closing Tuesday’s trading session at $198.00.
Kroger Co. (NYSE:KR) made its second move in a week into the home shopping future, buying Home Chef for an initial $200 million. It was the kind of news that should have moved Kroger stock one way or the other. The price could rise another $500 million with incentives built into the deal and follows Kroger’s deal last week with Ocado, a British company that builds automated home delivery warehouses.
Blue Apron Holdings, Inc. and Canada’s Goodfood Market Corp. are both rallying on the back of Kroger Co.’s $200 million purchase of Home Chef, the third-largest meal-kit company in the U.S. The deal also includes $500 million of future earnout payments. The deal “further legitimizes the meal kit industry and illustrates the appetite of large-scale grocers for entering the space,” National Bank of Canada analyst Leon Aghazarian wrote in a note where he reiterated his outperform rating on Goodfood. Kroger’s move comes eight months after Albertsons Cos. bought Plated, which boosted the odds of a takeout for Blue Apron, Oppenheimer analyst Rupesh Parikh said.
Shares of Blue Apron climbed on Thursday after Kroger said it was buying Home Chef to broaden its menu in the home meal kit market while stock of Calavo Growers, whose unit partnered with Kroger on another ...
On CNBC's "Mad Money Lightning Round" , Jim Cramer advised his viewer to hold his long position in Sirius XM Holdings Inc (NASDAQ: SIRI ). He has been recommending the stock since $4 and he is ...
Kroger Co (NYSE:KR) is buying Home Chef, the third-largest private meal-kit company in the U.S., in its second deal this month. KR stock closed down 0.5% on Wednesday. The Cincinnati-based grocer will pay $200 million initially and as much as $700 million more if Home Chef hits performance targets.
Blue Apron Holdings, Inc. announced today that members of its management team will participate in the following upcoming investor conferences: