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Blue Apron Reports Third Quarter Results
Blue Apron Holdings, Inc. announced today financial results for the quarter ended September 30, 2019.
“We delivered third quarter results in line with our guidance as we continue to focus on building for the future and managing the business for sustainable, long-term growth,” said Linda Findley Kozlowski, Blue Apron Chief Executive Officer. “We’re pleased to see the continued strengthening of our customer base with year-over-year improvements in certain key customer metrics in the third quarter. We continue to believe that the potential for Blue Apron remains significant and that with the execution of our strategy, we will achieve our 2020 growth targets.”
“We are pleased to have recently completed the refinancing of our revolving credit facility with our existing lender syndicate which we expect will support the continued execution of our growth strategy,” said Tim Bensley, Blue Apron Chief Financial Officer. “This transaction also...
Blue Apron Holdings Reports Second Quarter 2019 Results
Blue Apron Holdings, Inc. (NYSE: APRN) announced today financial results for the quarter ended June 30, 2019.
“Blue Apron’s next phase will be defined by focusing on our customers and our core business in order to return the business to growth in 2020,” said Linda Findley Kozlowski, Blue Apron Chief Executive Officer. “We’ve clearly and thoroughly demonstrated results in operational optimization and fiscal discipline throughout the organization. Now, we need to prove we can grow our customer base and revenue through both better execution and new initiatives that enable our core business to reach its full potential. Our market opportunity is large and we believe that it is growing, leading to...
Blue Apron Introduces Beyond Meat on Menus Beginning in August
Beginning this summer, home cooks across the country can explore cooking seasonal recipes from Blue Apron (NYSE: APRN) that feature plant-based proteins from Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat. Blue Apron x Beyond Meat recipes will be included on Blue Apron’s Signature Two-Serving Plan starting in August with flavorful summer burgers specially crafted by the Blue Apron Culinary Team that feature the popular Beyond Burger™. Consumers can begin placing orders for the new August recipes now through Blue Apron’s website and mobile app.
“We know a growing number of customers are interested in plant-based proteins, whether as an alternative to meat, a desire to explore a new ingredient, or an opportunity to...
Blue Apron Appoints Linda Findley Kozlowski as President and Chief Executive Officer
Blue Apron Holdings, Inc. (NYSE: APRN) today announced that its Board of Directors has appointed Linda Findley Kozlowski as President, Chief Executive Officer, and a member of the Board of Directors, effective as of April 8, 2019. Kozlowski brings a proven record of success at innovative, consumer-focused companies, having most recently served as Chief Operating Officer of Etsy, Inc. and prior to that as COO of Evernote Corporation. Brad Dickerson, who joined Blue Apron as Chief Financial Officer in February 2016 and was appointed as President, CEO and a member of the Board of Directors in November 2017, has decided to resign in order to pursue new opportunities. Following Kozlowski’s appointment, he will serve as an advisor to the company for a period of time to assist with the transition.
“This is an exciting time to join Blue Apron,” said Kozlowski. “Over the past year, the company has made significant product, platform and operational advancements, and ...
Introducing Knick Knacks: Blue Apron’s Newest and Most Flexible Culinary Offering
Blue Apron, known for creating incredible meal experiences, today introduced its most flexible culinary innovation to date: Blue Apron Knick Knacks™, a new line of recipe solutions that give consumers the flexibility to combine the protein and produce of their choice with specialty, pre-portioned, refrigerated ingredients and step-by-step recipes to enjoy a delicious meal for two.
“Our promise, through every product we create, is to inspire and support home cooks by bringing quality, discovery, and convenience to their meal experiences. We are proud to introduce Knick Knacks as our latest culinary innovation, which gives consumers the ‘secret sauce’––from our test kitchen to their home––to create a delicious meal, while allowing for the flexibility to ...
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