Blue Apron Holdings, Inc. (APRN) runs a direct-to-consumer platform that distributes original recipes made with seasonal and fresh ingredients. It also runs Blue Apron Market, an online store that sells products like kitchenware, pantry essentials, and other things. The company primarily provides its services in the United States through order selections on its website or mobile application.
Last month, the company reported a higher-than-expected second-quarter loss and lower-than-expected revenue as orders and customers declined. In addition, it lowered its full-year outlook, citing "persistent inflationary pressures."
