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Recently, the U.S. House of Representatives passed a bill to ban TikTok. Should this ban be ratified by the U.S. Senate, several U.S. companies and the stock market could react negatively.
HelloFresh SE (HLFFF) Q4 2023 Earnings Call Transcript
HelloFresh needs to cut costs and stem an exodus of meal-kit subscribers to boost profits and revive its share price, according to investors and analysts, who remain to be convinced by a plan to expan
HelloFresh shares plunged 42% on Friday after the meal kit-maker reported a disappointing earnings outlook, saying fiscal year 2024 adjusted earnings are anticipated to fall as much as $437.4 million.
Analysts at UBS described HelloFresh's outlook for 2024 as "far worse" than anticipated.
HelloFresh has experienced strong revenue growth in recent years, but growth has stagnated in 2023. The company issued a lower revenue growth outlook for FY 2023, resulting in a 20% drop in stock pric
In the dynamic world of investing, meal kit delivery stocks have carved out a niche that's hard to ignore. Offering the convenience of pre-portioned, ready-to-cook meals delivered right to your doorst
German meal-kit delivery company HelloFresh has not impressed Deutsche Bank analysts with its downwardly revised revenue and profit guidance. It was “not the (fourth quarter) we were expecting” sa
HelloFresh shares plunged more than a fifth on Thursday after the German meal-kit delivery group delivered a profit warning on weaker-than-expected sales growth and higher costs at its North American
HelloFresh (ETR: HFG) share price collapsed by more than 20% and reached its lowest level since 2020 after a surprise warning. The German meal-kit company plunged to a low of €16.4, which was much l
Is the Covid love affair with home-delivered food parcels finally over? That might be slightly overstating things.
HelloFresh's shares fell on Wednesday after the German meal kit company slashed its full-year profit outlook on sales weakness and higher-than-anticipated costs in its North America segment. It now ex
Meal kit company HelloFresh is now in the last-mile delivery business. The company announced Tuesday (Nov. 14) that its company-managed fleet is now operating in 19 major metropolitan areas.
The pandemic lockdowns accelerated the use of food delivery and takeout services. Companies like Uber Technologies Inc NYSE: UBER, Uber Eats, Maplebear Inc. NASDAQ: CART, Instacart and Door Dash Inc.
HelloFresh's 2Q23 results showed revenues of €1.92 billion and adjusted EBITDA of €192 million, with a decline in active customers but higher order rates and basket values. The company's growth is
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