Blue Apron's Pandemic-Fueled Gains Are Meager at Best
Not even the allure of easy home-meal delivery during a nationwide pandemic was enough to make a significant difference for Blue Apron (NYSE: APRN).
Although the meal kit company did report sequential growth in new members and orders in the first quarter, they were relatively small gains, and the results were still much worse than the year-ago period. Revenue also fell short of analysts' expectations.
Image source: Blue Apron
Source Fool.com
