Blue Apron (APRN) Misses Q1 EPS by 2c, Offers Outlook

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Go back to Blue Apron (APRN) Misses Q1 EPS by 2c, Offers Outlook

Blue Apron Holdings, Inc. Reports First Quarter 2021 Results

May 6, 2021 6:30 AM EDT

Key Highlights:

Net revenue for the first quarter of 2021 increased 27% year over year to $129.7 million driven by an increase in customers and continued improvement in key customer metrics.

Customers increased by approximately 15,000 year over year and by approximately 38,000 over the prior quarter.

Year-over-year growth in key customer metrics continued as Average Revenue per Customer increased 22% to a record $331, Order per Customer rose 15% to 5.4, and Average Order Value grew 7% to approximately $62.

Began implementing corporate governance enhancements.

NEW YORK--(BUSINESS WIRE)-- Blue Apron Holdings, Inc. (NYSE: APRN) announced today financial results... More