Entering text into the input field will update the search result below

Blue Apron Holdings, Inc. 2021 Q1 - Results - Earnings Call Presentation

SA Transcripts profile picture
SA Transcripts

The following slide deck was published by Blue Apron Holdings, Inc. in conjunction with their 2021 Q1 earnings call.

First Quarter 2021 Results

This article was written by

SA Transcripts profile picture
Seeking Alpha's transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

Recommended For You

Comments (2)

Latin American Investor profile picture
Surprised that market has punished so much the stock after the results. Yes, they have two months of cash runway. However:

- They should be able to improve gross margin (some one offs 1st quarters)
- 1st quarters should already reflect a bit of end of pandemic. Guidance was not negative in that aspect.
- They are still able to cut marketing expenses by a bit in case of emergency

If you compare to peers EV / sales vs comparables, looks like Hellofresh, looks like a good bargaing.

Any thoughs?
GermanStockTrader profile picture
@Sebastian O GM should improve a bit, yes. But they guided to a revenue loss in Q2 - both sequentially and YOY. This is really bad, especially because relative PGA costs will increase and they spend a ton on marketing, so where did this money go, if they cant even hold on to their revenues.

Hellofresh will grow ca. 50% YOY in Q2 and is profitable with 10%+ AEBITDA-margin, while APRN loses customers and revenue while beeing highly unprofitable.

I cant see how these trends can reverse, especially when you consider the far superior Hellofresh product (selection, flexibility, margins, trustpilot reviews) and APRN has no money left to invest.
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!

About APRN

SymbolLast Price% Chg
Market Cap
Yield (TTM)
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on APRN

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.