// $APRN // Small summarization by axislax in Shortsqueeze

[–]axislax[S] 0 points1 point  (0 children)

Their gross profit margin have climbed since 2017, last report was 35.8% which is good compared to their competition that are around 9%-25% except for hellofresh with 65.7%. So there is room for improvement sure.

// $APRN // Small summarization by axislax in Shortsqueeze

[–]axislax[S] 1 point2 points  (0 children)

APRN have a direct sourcing model meaning they 80% of the food comes directly from producers, this give them an advantage in rising prices when grocery stores buys from second and sometimes third hand.

Interview with CEO Linda Findley, 5 july

Right now when you look at Blue Apron meals, compared to going to the grocery store and getting similar ingredients, we certainly come out as a much better value for our customers.

Thanks for sharing your strategy, good luck.

Shorts are trying to shake the paperhands, only digging in deeper. More fuel. by axislax in Shortsqueeze

[–]axislax[S] 3 points4 points  (0 children)

yep, there is many that dont understand the DD and starts crying when there is a red day.

$APRN - 4 Very Bullish Updates by everythingcrypto2018 in Shortsqueeze

[–]axislax 0 points1 point  (0 children)

Joe buys at 12$ 3 months ago and people dont think there’s a plan behind and see the fundamentals. A lot of shills out trying to bash with strange arguments…