9/13/2023 0 Comments Blue apron weight watchers![]() Weight Watchers already has 3.5 million subscribers, giving it cost-effective access to a somewhat-loyal base of calorie counters. Plated going for an exit strategy and Blue Apron's public crumbling would seem to suggest that there isn't money to be made in delivering fresh meal kits, but Weight Watchers has unique advantages. It raised its guidance yet again in its latest quarter, contrasting Blue Apron shocking its rookie-year investors by warning that revenue will actually decline during the second half of this year. Revenue is on the rise, as its subscriber base has soared by 20% over the past year. The turnaround at Weight Watchers has been a thing of beauty. Weight Watchers has been one of this year's biggest winners, nearly quadrupling - up 273% - so far in 2017. Blue Apron has been a disaster, shedding nearly half of its value since going public at $10 three months ago. A tale of two equitiesīlue Apron and Weight Watchers are leagues apart when it comes to market sentiment. Investors were already concerned that the players already present in this niche were fighting for scraps, and now we're seeing the potential entry of Weight Watchers. One big thing holding Blue Apron back from participating in the Plated purchase as a sympathy play is that Weight Watchers filed a patent application for a delivery service featuring "smart portions" of fresh food last week. ![]() Account icon An icon in the shape of a person's head and shoulders.
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