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HLFFF - HelloFresh Is Having Difficulty Keeping Up With Demand
HelloFresh SE
HelloFresh had an outstanding second quarter due to global lockdowns caused by the coronavirus. Their total revenue (excl. corporate) increased by 39.1% compared to 1Q20. In Q1 2020, total revenue went up by 36.6%, q-o-q.
As I have said in prior articles, I am very bullish on the Meal Kit sector, and I have been bullish long before the coronavirus. Since the coronavirus was forced into our lives, meal kit bulls have come out of the woodwork as an increase in meal kit demand is only logical due to the stay-at-home-orders. The only difference between