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PostPosted: Thu Aug 10, 2017 6:52 pm 
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https://www.bloomberg.com/news/articles ... ts-decline

"Blue Apron Stock Is Now Worth Far Less Than One of Its Meals

Less than two months after going public, Blue Apron Holdings Inc.’s shares have fallen almost 50 percent to about $5 -- less than the price of one of its meals -- as the company struggles to persuade investors that it can win the hearts of America’s cooks.

In its first earnings report as a public company, Blue Apron managed to beat analysts’ estimates on revenue, but that was the only good news. The company said it didn’t raise as much as it expected in the IPO and also cut deeply into the marketing budget. The result: it lost customers during the quarter. In a conference call, Blue Apron executives warned that the second half will be even worse..."


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PostPosted: Thu Aug 10, 2017 6:53 pm 
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"I have to be careful how I sauté this" was simply a terrible choice for a tagline.

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PostPosted: Thu Aug 10, 2017 6:54 pm 
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Curious Hair wrote:
"I have to be careful how I sauté this" was simply a terrible choice for a tagline.


Boo.

Oh who am I kidding.

:lol:

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PostPosted: Thu Aug 10, 2017 7:02 pm 
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Someone got us a sample/gift order of the competition of Blue Aprin. Ended up making the first meal out of three. It was marginal. Used the meat for other two in different things. Best thing about this was the awesome ice pack bag things they came packed with. I refreeze them and use them a lot.

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PostPosted: Thu Aug 10, 2017 7:05 pm 
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Minooka Meatball wrote:
In a conference call, Blue Apron executives warned that the second half will be even worse..."



and noooow, it's tiiime to beginnnn...THE SECONNNND HAAALLLLF
https://www.youtube.com/watch?v=W12J7BYlj-E

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PostPosted: Thu Aug 10, 2017 7:05 pm 
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Most people don't hate cooking enough to order out everyday

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PostPosted: Thu Aug 10, 2017 7:20 pm 
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Quote:
In a conference call, Blue Apron executives warned that the second half will be even worse..."


THEY. TOLD. YOU. WHAT. THEY. WERE. GOING. TO. DO.

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PostPosted: Thu Aug 10, 2017 7:31 pm 
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Thankfully Avant Loans is still standing


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PostPosted: Thu Aug 10, 2017 8:40 pm 
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My parents and sister ordered this. Sounds like you are doing more work in prepping and cooking and paying someone to deliver food to you, than going to the store and doing it all yourself.


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PostPosted: Thu Aug 10, 2017 8:42 pm 
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It's a scam


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PostPosted: Thu Aug 10, 2017 9:00 pm 
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We passed on the IPO.....Carvana is another one set up to fail.

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PostPosted: Fri Aug 11, 2017 1:08 am 
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Great stock today.

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PostPosted: Fri Aug 11, 2017 6:19 am 
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I knew this IPO would be a train wreck. The meal kit business is already saturated and Amazon/Whole Foods are going to destroy the competition.

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PostPosted: Fri Aug 11, 2017 7:02 am 
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You wanna make some dough, buy halo top.

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PostPosted: Fri Aug 11, 2017 7:18 am 
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312player wrote:
You wanna make some dough, buy halo top.


I am telling you that is some good shit there. I do not know how they do it but it might be the best lo cal ice cream I ever had.

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PostPosted: Fri Aug 11, 2017 7:49 am 
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pittmike wrote:
312player wrote:
You wanna make some dough, buy halo top.


I am telling you that is some good shit there. I do not know how they do it but it might be the best lo cal ice cream I ever had.

Yup.

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PostPosted: Fri Aug 11, 2017 7:56 am 
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pittmike wrote:
312player wrote:
You wanna make some dough, buy halo top.


I am telling you that is some good shit there. I do not know how they do it but it might be the best lo cal ice cream I ever had.


See it in Target but never gave it a try.

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PostPosted: Fri Aug 11, 2017 7:57 am 
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Jaw Breaker wrote:
I knew this IPO would be a train wreck. The meal kit business is already saturated and Amazon/Whole Foods are going to destroy the competition.


Have you looked at Carvana? It popped after it first earnings release, but they are selling cars at near zero gross profit margins. They are trying to do the Amazon thing until they hit scale, but I am not sure they get there.

I am convinced that stock will fall once it blows through the IPO cash and goes out for secondary offering. I have considered put options...

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PostPosted: Fri Aug 11, 2017 8:37 am 
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I thought this thread was going to be about Ethan Skolnick

http://deadspin.com/cbs-sports-writer-e ... 1797731522

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PostPosted: Fri Aug 11, 2017 9:07 am 
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Reared on the Score wrote:
I thought this thread was going to be about Ethan Skolnick

http://deadspin.com/cbs-sports-writer-e ... 1797731522


Wow. Loses his CBS job, beats up his old man, AND the article mentions an "estranged wife". Must be a real piece of shit.

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PostPosted: Fri Aug 11, 2017 9:07 am 
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Reared on the Score wrote:
I thought this thread was going to be about Ethan Skolnick

http://deadspin.com/cbs-sports-writer-e ... 1797731522

This isnt funny, but I did laugh


When police arrived, Skolnick’s dad indicated where his son had allegedly hit him, though he told them that one bruise that was visible on his arm was from another time his son punched him a week earlier.


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PostPosted: Fri Aug 11, 2017 9:09 am 
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Wasn't he a guest on the score a lot?

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PostPosted: Fri Aug 11, 2017 9:24 am 
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Joe Orr Road Rod wrote:
Quote:
In a conference call, Blue Apron executives warned that the second half will be even worse..."


THEY. TOLD. YOU. WHAT. THEY. WERE. GOING. TO. DO.


:lol: :lol:


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PostPosted: Fri Aug 11, 2017 9:45 am 
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pittmike wrote:
Wasn't he a guest on the score a lot?

Yeah, he was on all the time when Bernstein mistakenly thought the Miami Heat were Chicago's second NBA team.

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PostPosted: Fri Aug 11, 2017 9:48 am 
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People under 40 can't cook, don't cook, have no intention of ever cooking. For the most part.

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PostPosted: Fri Aug 11, 2017 9:50 am 
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Hatchetman wrote:
People under 40 can't cook, don't cook, have no intention of ever cooking. For the most part.
I am under 40 and this is not true at all.

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PostPosted: Fri Aug 11, 2017 9:51 am 
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I must've forgotten the period when guys knew how to cook?

I think my grandpa cooked once for himself in life when my grandma was at the doctors so he had to turn on the stove to heat up borscht.


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PostPosted: Fri Aug 11, 2017 9:53 am 
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Frank Coztansa wrote:
Hatchetman wrote:
People under 40 can't cook, don't cook, have no intention of ever cooking. For the most part.
I am under 40 and this is not true at all.

Yeah, that's a bad take. Maybe it was true 30 years ago.

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PostPosted: Fri Aug 11, 2017 9:54 am 
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Hatchetman wrote:
People under 40 can't cook, don't cook, have no intention of ever cooking. For the most part.

very true. Which is kinda funny given how easy in this day and age it is too cook, what with video instructions on the web etc.

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PostPosted: Fri Aug 11, 2017 9:57 am 
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Frank Coztansa wrote:
Hatchetman wrote:
People under 40 can't cook, don't cook, have no intention of ever cooking. For the most part.
I am under 40 and this is not true at all.

Melting Hershey Kisses in your easy bake oven doesn't count.

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