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home / news releases / APRN - Blue Apron: This Sinking Ship Is Going Under

APRN - Blue Apron: This Sinking Ship Is Going Under

Blue Apron Holdings Inc. Class A
  • Shares of Blue Apron have shed half of their value this year as fundamental performance has continued to deteriorate.
  • Revenue declines continued to worsen, held up only by ASP improvements that are insufficient to absorb cost increases.
  • A rise in both raw food material prices as well as wages has deeply cut into the company's gross and adjusted EBITDA margins.
  • The company's strategy to invest more in marketing in 2022 may not pan out as planned.

For further details see:

Blue Apron: This Sinking Ship Is Going Under
Stock Information
Company Name: Blue Apron Holdings Inc. Class A
Stock Symbol: APRN
Market: NYSE
Website: blueapron.com
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