APRN - Blue Apron on watch after stunning growth posted at HelloFresh
HelloFresh (HLFFF) reports Q3 preliminary adj. EBITDA between €112-117M vs FactSet €95.3M Due to the strong performance in Q3 and continued strong trends in the early part of Q4 2020, HelloFresh also boosts its full year 2020 revenue growth guidance to +95% to +105% vs. +75% to +95% prior outlook. The company notes it has experienced a more favorable than expected summer seasonality and continued strong customer growth trend. Shares of HelloFresh are up 2.75% in Frankfurt trading. Blue Apron (APRN) is up 1.16% off the strong report from within the mealkit sector. Blue Apron is due to report earnings on October 29. See consensus estimates.
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Blue Apron on watch after stunning growth posted at HelloFresh