APRN earnings

Transaction Expected to Create a Leading Platform for Mealtime Focused on Quality and Flavor Across Meal Kits and Fully-Prepared Meal Experiences Blue Apron (NASDAQ:APRN) (the "Company"), the pioneer of the meal kit industry in the United States, today announced that it has entered into a definitive merger agreement to be acquired by Wonder Group ("Wonder"), a company founded by entrepreneur Marc Lore that is redefining at-home dining and food delivery. Under the terms of the merger agreement, which has been unanimously approved by Blue Apron's Board of Directors, Blue Apron stockholders will be entitled to receive $13.00 in cash per share of Class A common stock through a tender offer,

Successfully Closes Strategic Transaction with FreshRealm and Eliminates Debt Defines Path to Adjusted EBITDA Profitability With Over 70% Year-over-Year Operating Cash Burn Reduction Blue Apron (NYSE:APRN) today announced financial results for the second quarter (2Q23) ended June 30, 2023. Second Quarter 2023 Highlights Net revenue of $106.2 million, a decrease of 6.1% sequentially and 14.5% year-over-year, largely driven by a one-time $10.0 million bulk sale to an enterprise customer recognized in the second quarter of 2022 (2Q22) and deliberate reduction in marketing spend Record customer engagement metrics, due in part to a price increase implemented in 2Q23 Average Order V

Blue Apron Holdings, Inc. (NYSE:APRN) today announced that its Board of Directors approved a reverse stock split of the Company's Class A common stock at a ratio of 1-for-12. Earlier on June 7, 2023, at the Company's annual meeting of stockholders, the Company's stockholders approved a reverse stock split of the Company's Class A common stock at a split ratio of between 1-for-5 and 1-for-20. The reverse stock split is expected to be effective after market close on June 7, 2023 (Effective Time). The Company's Class A common stock will begin trading on a split-adjusted basis on the New York Stock Exchange (NYSE) at the market open on June 8, 2023. At the Effective Time, every 12 issued and

Company Reduces Cash Burn by 64% Year-over-Year; Actively Pursuing Financing and/or Other Cash-Generating Opportunities to Meet Its Near-Term Obligations Blue Apron (NYSE:APRN) today announced financial results for the first quarter (1Q23) ended March 31, 2023. First Quarter 2023 Highlights Net revenue of $113.1 million in 1Q23, a 5.9% sequential increase and a 4.0% year-over-year decline, impacted by growth in customers and increased order volume in the quarter Continued strength in customer engagement metrics Average Order Value rose 11.6% year-over-year and declined 3.9% sequentially to $70.27, due to the price increase introduced in the second quarter of 2022 (2Q22) and inc

Blue Apron (NYSE:APRN) announced today that it will release its first quarter 2023 financial results prior to the opening of the U.S. financial markets on Thursday, May 4, 2023. The release will be followed by a conference call and live webcast at 8:30 a.m., Eastern Time, hosted by Linda Findley, President and Chief Executive Officer, and Mitch Cohen, Interim Chief Financial Officer, during which they will discuss the first quarter results and business outlook. The earnings conference call can be accessed by dialing 1-877-883-0383 or 1-412-902-6506 for international callers. The conference ID is 7204547. Alternatively, participants may access a live webcast on Blue Apron's investor relati

Announces Amendment to Accelerate Debt Pay Down, Reduces Liquidity Covenant; Sees Significant Reduction in Cash Burn as of End of February 2023 Blue Apron (NYSE:APRN) today announced financial results for the fourth quarter (4Q22) and full year (FY22) ended December 31, 2022. Key Highlights Net revenue of approximately $107 million in 4Q22, flat to the prior year period and down 3% sequentially, impacted by a seasonal decrease in volume Record high Average Order Value of $73.15 in 4Q22, an increase of 14.7% year-over-year and 3.3% sequentially, due to a price increase introduced in FY22, expanded product offerings and upsell Record high Average Revenue per Customer of $358 in 4Q22,

Blue Apron Holdings, Inc. (NYSE:APRN) announced today that it will release its fourth quarter and full year 2022 financial results prior to the opening of the U.S. financial markets on Thursday, March 16, 2023. The release will be followed by a conference call and live webcast at 8:30 a.m. Eastern Time, hosted by Linda Findley, President and Chief Executive Officer, and Mitchell Cohen, Interim Chief Financial Officer, during which they will discuss the fourth quarter and full year 2022 results and business outlook. The earnings conference call can be accessed by dialing (877) 883-0383 or (412) 902-6506; the conference ID is 3162950. Alternatively, participants may access the live webcast o

Blue Apron (NYSE:APRN) today announced financial results for the third quarter ended September 30, 2022 (3Q22). Third Quarter 2022 Highlights Net revenue remained flat year-over-year and was down 11.7% sequentially to $109.7 million, impacted by seasonality and the presence in the prior quarter of a bulk sale to an enterprise customer Average Order Value rose 13.7% year-over-year and 5.5% sequentially to $70.83, a record high, primarily due to a price increase introduced in the second quarter ended June 30, 2022 (2Q22) and ongoing product innovations Average Revenue per Customer increased 8.6% year-over-year and 3.8% sequentially to $340, a record high, primarily attributable to the

Blue Apron (NYSE:APRN) announced today that it will release its third quarter 2022 financial results prior to the opening of the U.S. financial markets on Monday November 7, 2022. The release will be followed by a conference call and live webcast at 8:30 a.m., Eastern Time, hosted by Linda Findley, President and Chief Executive Officer, and Mitchell Cohen, interim Chief Financial Officer, during which they will discuss the third quarter results and business outlook. The earnings conference call can be accessed by dialing 1-877-883-0383. The conference ID is 3426749. Participants may access the live webcast on Blue Apron's investor relations website at https://investors.blueapron.com/events

Company Posts Third Consecutive Quarter of Revenue Growth and Record Average Order Value Enters Agreement For $30.0 Million in Additional Funding Blue Apron (NYSE:APRN) today announced financial results for the second quarter ended June 30, 2022 (2Q22). Second Quarter 2022 Highlights Net revenue rose slightly year-over-year and 6.0% sequentially to $124.2 million, inclusive of a bulk sale to an enterprise customer Average Order Value rose 7.1% year-over-year and 6.6% sequentially to $67.14, a record high for the company, primarily due to a pricing increase introduced in 2Q22 Average Revenue per Customer increased to $328 from $321 last quarter, and decreased slightly from $330 for

Blue Apron (NYSE:APRN) announced today that it will release its second quarter 2022 financial results prior to the opening of the U.S. financial markets on Monday August 8, 2022. The release will be followed by a conference call and live webcast at 8:30 a.m., Eastern Time, hosted by Linda Findley, President and Chief Executive Officer, and Randy Greben, Chief Financial Officer, during which they will discuss the second quarter results and business outlook. Following the prepared remarks, management will take questions from analysts and investors. As part of Blue Apron's continuing efforts to enhance communications and engagement with its shareholders, investors will also be able to submit

Customer Growth Accelerates Quarter over Quarter Post-Quarter Financings Strengthen Balance Sheet Blue Apron (NYSE:APRN) announced today financial results for the first quarter ended March 31, 2022 (1Q22). First Quarter 2022 Highlights Net revenue increased 16% from the pre-pandemic first quarter of 2020 (1Q20)(1) to $118 million, and 10% from the fourth quarter of 2021 (4Q21), as the company gains traction on its growth strategy Key customer engagement metrics performed at elevated levels for the eighth quarter in a row As planned, marketing expenses rose 40% year-over-year to $28 million as the company continues to drive growth in FY2022 The company achieved carbon neutrality as

Blue Apron (NYSE:APRN) announced today that it will release its first quarter 2022 financial results prior to the opening of the U.S. financial markets on Monday, May 9, 2022. The release will be followed by a conference call and live webcast at 8:30 a.m., Eastern Time, hosted by Linda Findley, President and Chief Executive Officer, and Randy Greben, Chief Financial Officer, during which they will discuss the first quarter results and business outlook. The earnings conference call can be accessed by dialing 1-877-883-0383. The conference ID is 1235908. Alternatively, participants may access a live webcast on Blue Apron's investor relations website at investors.blueapron.com. A recording o

Fourth Quarter Equity Capital Raise Provides Funding to Accelerate Growth Strategy in 2022 Blue Apron Holdings, Inc. (NYSE:APRN) announced today financial results for the fourth quarter (4Q21) and full year ended December 31, 2021 (FY2021). Fourth Quarter 2021 Highlights and Outlook Net revenue increased 13% from the pre-pandemic fourth quarter of 2019 (4Q19)(1) to $107 million. Key customer engagement metrics performed well, reflecting continued traction of the company's growth strategy. Average Order Value reached $63.78, up 10% from 4Q19 and the highest level since the company started tracking the metric in 2015. Orders per Customer increased 9% from 4Q19 to 5.0. Average Reve

Blue Apron Holdings, Inc. (NYSE:APRN) announced today that it will release its fourth quarter and full year 2021 financial results prior to the opening of the U.S. financial markets on Thursday, February 10, 2022. The release will be followed by a conference call and live webcast at 8:30 a.m., Eastern Time, hosted by Blue Apron Chief Executive Officer Linda Findley and Chief Financial Officer Randy Greben, during which they will discuss the fourth quarter and full year 2021 results and business outlook. The earnings conference call can be accessed by dialing (877) 883-0383 or (412) 902-6506; the conference ID is 9292646. Alternatively, participants may access the live webcast on Blue Apron

Key Highlights: Net revenue for the third quarter 2021 decreased approximately 2% year over year to $109.7 million and increased approximately 10% compared to net revenue in the pre-pandemic third quarter of 2019. Continued year over year growth in Average Order Value, which increased over 6% to $62.30, reflecting the benefit of the company's growth strategy. Average Order Value, Orders per Customer and Average Revenue per Customer all showed strong growth compared to the pre-pandemic third quarter of 2019, despite modest declines in those metrics from a year ago as seasonality returned. Third quarter 2021 net loss was $27.6 million, inclusive of a non-cash charge of approximately $6.

Blue Apron Holdings, Inc. (NYSE:APRN) announced today that it will release its third quarter 2021 financial results prior to the opening of the U.S. financial markets on Tuesday, November 9, 2021. The release will be followed by a conference call and live webcast at 8:30 a.m., Eastern Time, hosted by Blue Apron Chief Executive Officer Linda Findley and Chief Financial Officer Randy Greben, during which they will discuss the third quarter 2021 results and business outlook. The earnings conference call can be accessed by dialing (877) 883-0383 or (412) 902-6506; the conference ID is 8462719. Alternatively, participants may access the live webcast on Blue Apron's Investor Relations website at

NEW YORK--(BUSINESS WIRE)--Blue Apron Holdings, Inc. (NYSE: APRN) today announced the appointment of Charlean Gmunder as Chief Operating Officer, effective as of November 25, 2020. Gmunder brings more than 30 years of food operations experience to her new role, including deep knowledge in food manufacturing and fulfillment. As Chief Operating Officer, Gmunder is responsible for overseeing Blue Apron’s fulfillment, supply chain, Food Safety and Quality Assurance, physical operations, including logistics, procurement and customer experience. Gmunder reports to President and Chief Executive Officer Linda Findley Kozlowski. “Charlean’s background, experience and accomplishments repre