Blue Apron Holdings: Another Red Flag Quarter Keeps It Off Our Table

Nov. 07, 2022 2:24 PM ETBlue Apron Holdings, Inc. (APRN)2 Comments


  • APRN reported Q3 earnings with poor sales and a widening loss.
  • The meal kit provider has lost customers while facing rising cost pressures in a challenging operating environment.
  • Liquidity concerns point to more dilutive equity issuances going forward.
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Blue Apron Holdings (NYSE:APRN) is recognized as one of the pioneers in direct-to-consumer meal kit delivery. While the service saw a boost in popularity during the early stages of the pandemic, the setup now is a

APRN metrics

source: company IR

APRN metrics

source: company IR

APRN metrics

source: Bloomberg

APRN metrics

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