Blue Apron (APRN) Reports Q3 Loss of $0.18/Share

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Blue Apron (APRN) Announces Strategic Actions, Including 4% Reduction in Workforce

November 13, 2018 4:19 PM EST

Blue Apron Holdings, Inc. (NYSE: APRN) today announced that the company is taking strategic actions to strengthen its focus on specific areas of opportunity in the business that it believes will accelerate its path to profitability on an adjusted EBITDA basis in 2019.

The ways in which consumers access meals for various occasions has evolved rapidly with expanded choice and the continued convergence of online platforms and brick and mortar stores. Blue Apron has an established brand and a strong foundation of loyal customers who trust and rely on the quality and... More