Blue Apron (APRN) Misses Q1 EPS by 56c, Offers Outlook

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Go back to Blue Apron (APRN) Misses Q1 EPS by 56c, Offers Outlook

Blue Apron Holdings, Inc. Reports First Quarter 2022 Results

May 9, 2022 6:30 AM EDT

Customer Growth Accelerates Quarter over Quarter
Post-Quarter Financings Strengthen Balance Sheet

NEW YORK--(BUSINESS WIRE)-- Blue Apron (NYSE: APRN) announced today financial results for the first quarter ended March 31, 2022 (1Q22).

First Quarter 2022 Highlights

Net revenue increased 16% from the pre-pandemic first quarter of 2020 (1Q20)(1) to $118 million, and 10% from the fourth quarter of 2021 (4Q21), as the company gains traction on its growth strategy Key customer engagement metrics performed at elevated levels for the eighth quarter in a row As planned,... More