Hellofresh SE Stock Forum

HelloFresh shares plunged 42% on Friday morning in their worst-ever session to date, after the recipe box delivery company disappointed with its 2024 earnings outlook.
Analysts at UBS said that while they had flagged risks around HelloFresh’s guidance, its outlook, released after the market close on Thursday, was “far worse” than anticipated. Disappointing growth and adjusted earnings forecasts indicated elevated customer acquisiti...

Analyst Nizla Nazier advises holding off on HelloFresh until ready-to-eat business affects top-line significantly and North American meal-kit business shows steady growth. The drop in Frankfurt-listed shares to November 2019 lows raises concerns for investors.