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Fading stimulus benefits should allow private labels (i.e., store brands) to make a comeback in 2022 after losing market share over the past two years to branded products. New consumer habits and increased work-from-home adoption are expected to keep food-at-home demand strong. Consumption volume will likely face some downward pressure in 2022 due to price increases and the re-opening of the broader economy, which tends to support food-away-from-home demand. Food-at-home demand is expected to remain permanently elevated versus pre-pandemic levels. Food processors hope this will help them deal with demand better. Due to this, many companies must act as their own suppliers and source their own goods. Additionally, it has been difficult to predict the availability of products. To combat pressure on margins, many are raising prices of goods and ultimately are expected to have stronger margins at the end of the year. Despite the long-term growth outlook, supply chain struggles that began during the pandemic persist. Dietary shifts including increasingly prominent health-conscious diets in both developed and developing countries are also predicted to fuel growth. Innovation in food processing technology and an upsurge in the demand for processed food are expected to drive the market over the next few years. Blue Apron Holdings Inc does not currently pay a dividend. Analysts expect adjusted earnings to reach $-0.930 per share for the current fiscal year. Year-over-year quarterly sales growth most recently was -4.0%. Blue Apron Holdings Inc’s trailing 12-month revenue is $453.8 million with a -19.5% profit margin.

Latest Blue Apron Holdings Inc Stock NewsĪs of June 02, 2023, Blue Apron Holdings Inc had a $39.6 million market capitalization, putting it in the 24th percentile of companies in the Food Processing industry.īlue Apron Holdings Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months.

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Learn more about whether Blue Apron Holdings Inc is a good stock to buy or sell based on recent news as well as its key financial metrics.

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