Blue Apron Holdings, Inc. Reports Second Quarter 2020 Results

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Blue Apron (APRN) Tops Q2 EPS by 53c, Offers Q3 Guidance

July 29, 2020 6:41 AM EDT

Blue Apron (NYSE: APRN) reported Q2 EPS of $0.08, $0.53 better than the analyst estimate of ($0.45). Revenue for the quarter came in at $131 million versus the consensus estimate of $130 million.

Net revenue for the second quarter of 2020 increased 10% year over year and 29% on a quarterly sequential basis to $131.0 million largely due to the impact on consumer behavior from the COVID-19 pandemic, as well as the continued execution... More