Blue Apron (NYSE: APRN) reported second-quarter financial results before the regular trading hours on Wednesday. The company reported a surprise profit during the second quarter, even as the market was expecting a loss of 45 cents per share. Revenues also slightly edged past the average street estimate
APRN shares shot up 5.4% immediately following the announcement. The stock has more than doubled so far this year.
CEO Linda Findley Kozlowski said, “Blue Apron’s strong second quarter 2020 operating results reflect quarterly sequential and year-over-year double-digit net revenue growth and marked our return to topline growth sooner than expected. We also expect to see year-over-year net revenue growth in the second half of 2020.”
Target Corporation (NYSE: TGT) reported fourth-quarter 2020 financial results before the opening bell today. The department store chain reported Q4 revenue of $28.3 billion, up 21% year-over-year and higher than
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus