Blue Apron Outlines Plan to Return to Growth Next Year
Blue Apron (NYSE: APRN) this week reported yet another quarter of declining revenue, down 34% year over year in Q2. Active customers fell to 449,000, down from 550,000 during the first quarter. But management says a turnaround isn't far off.
Management says it expects to show year-over-year revenue and customer growth in the second half of 2020, and it outlined its plan to reach that goal during its second-quarter earnings call.
Image source: Blue Apron.
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