1 Stock Wall Street Left Behind Is Rising From the Dead
Growth is back on the menu at Blue Apron Holdings (NYSE: APRN). The pioneer of home-delivered gourmet meal kits did something on Wednesday morning that it hasn't done since early 2018: Blue Apron posted revenue growth.
Blue Apron generated $131 million on the top line for the three months ending in June, 10% ahead of the $119.2 million it posted in the prior year's second quarter. After 10 quarters of year-over-year declines -- double-digit percentage declines, at that -- Blue Apron's revenue is finally heading in the right direction.
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Source Fool.com
