The company reported a fourth-quarter net loss of $21.8 million, or 49 cents per diluted share (44 million weighted-average shares outstanding), compared with a net loss of $26.4 million, or 93 cents per diluted share (28.5 million weighted-average shares outstanding), in the fiscal 2021 quarter.įor the 2022 fiscal year, net revenue fell 2.5% to $458.5 million from $470.4 million in fiscal 2021. Photo: Blue Apron/Linda FindleyĪt the bottom line, Blue Apron closed out fiscal 2022 with net losses in all quarters. “The added variety of our menu continues to deliver great value to our customers,” Blue Apron CEO Linda Findley said in a conference call. Average revenue per customer was $358 in the fourth quarter, up from $340 in Q3 and $319 a year ago. AOV came in at $73.15 for Q4 versus $70.83 for Q3 and $63.78 a year ago. Still, orders per customer held steady at 4.9 in the fourth quarter-compared with 4.8 in Q3 and 5.0 a year earlier-while average order value (AOV) and revenue per customer increased.

Average cost of blue apron meals