Blue Apron Earnings: What to Watch
After one of the most disappointing IPOs of the year, Blue Apron (NYSE: APRN) will provide its first quarterly earnings report as a publicly traded company Thursday before the market opens. The stock price is down 38% from its IPO price, which itself dropped below Blue Apron's initial price range.
Fears of having Amazon.com (NASDAQ: AMZN) enter the meal-kit market following its acquisition of Whole Foods Market (NASDAQ: WFM) have fueled the downward trend, but that's not the only thing investors need to worry about. There will be plenty to unpack when Blue Apron delivers its earnings results to investors' doorsteps Thursday morning.
Here's a detailed look at what to watch for when Blue Apron reports its second-quarter earnings.
Source: Fool.com
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