Blue Apron (APRN) Misses Q2 EPS by 9c, Offers Outlook

Go back to Blue Apron (APRN) Misses Q2 EPS by 9c, Offers Outlook

Blue Apron Holdings, Inc. Reports Second Quarter 2021 Results

August 3, 2021 6:30 AM EDT

Key Highlights:

Second quarter 2021 net revenue of $124.0 million was in-line with the companys guidance.(1) Second quarter 2021 net loss was $18.6 million, inclusive of a non-cash charge of approximately $4.1 million, related to the May 2021 amendment to the companys financing agreement. Excluding this charge, net loss outperformed the companys guidance. (1) Second quarter 2021 Adjusted EBITDA loss of $3.5 million exceeded the companys guidance. (1)   Key customer metrics continue to reflect the benefit of the companys growth strategy, including the third consecutive quarterly record for Average Order Value. Strengthened balance sheet and improved... More