Movers: Blue Apron, Carnival Corp, Micron, Natuzzi, Nike, Rent-A-Center
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Blue Apron Holdings Inc. (NYSE:NYSE:APRN) Q1 2022 Earnings Conference Call May 9, 2022 8:30 AM ET Company Participants Linda Findley - President, Chief Executive Officer Randy Greben -...
Dive Brief: Meal kit seller Blue Apron posted a 22% year-over-year increase in revenue during the fourth quarter of 2020, to $115.5 million, as the value of the average order rose to $61, its highest level since 2015, the company reported Thursday. Blue Apron posted a net loss of $11.9 million in Q4, an improvement from the $21.9 million it lost during the same period in 2019. The company expects to generate double-digit revenue growth and intends to boost spending on marketing in 2021, Chief Financial Officer Randy Greben said during an earnings call. Demand for meal kits during Q4 was drive...
Deloitte and Messrs. Knights and Mercer failed to fulfill their duty to check the reliability of Autonomyâs financial reporting, according to the report, which also noted that Autonomy was listed in the FTSE 100 at the time, the countryâs index of its largest publicly traded businesses. âAutonomy was an important client for Deloitte generally, and for the Cambridge office in particular. It was the only FTSE 100 company audited from that office,â the FRC said. In September, the FRC fined Deloitte £15 million ($19.5 million) and sanctioned Messrs. Knights and ...