HelloFresh SE

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HelloFresh SE engages in the provision of food solutions. It operates through the USA and International geographical segments. The International segment comprises Australia, Austria, Belgium, Canada, Germany, the Netherlands, Switzerland, and the United Kingdom. The company was founded by Jessica Nilsson Schultz, Thomas W. Griesel, and Dominik S. Richter in 2011 and is headquartered in Berlin, Germany.

Hellofresh SE (HLFFF) CEO Dominik Richter on Q3 2020 Results - Earnings Call Transcript

Meal kit delivery company HelloFresh doubled its orders in the third quarter and reached an all-time high of 5 million customers combined between the U.S. and the rest of the world, the company said in a Tuesday (Nov. 3) press release.

HelloFresh Hits 5M Customers And Nearly 20M Orders

I estimate that from 2019 to 2024, the company's sales will grow at a CAGR of 28.6%, almost twice as fast as the global meal kit market (14.8%).

HelloFresh Is Having Difficulty Keeping Up With Demand Continued

NEW YORK--(BUSINESS WIRE)--HelloFresh SE, the world’s leading meal kit company, announced today the leasing of new distribution centers in Newnan, Georgia and Irving, Texas, providing increased capacity through expanded supply chain capabilities to support growing demand in key Southeastern and central-Texas locations. This expansion will allow HelloFresh to accommodate rapidly increasing demand and better serve new and existing customers.

HelloFresh Expands Production and Distribution to Support Rapid Demand Growth

HelloFresh Is Having Difficulty Keeping Up With Demand

HelloFresh hiked its guidance for 2020 for the third time, highlighting the soaring demand for meal-kit makers during the pandemic as people continue to cook at home and confidence to eat out in restaurants remains lacklustre.

Lock-down changed eating habits sending shares in HelloFresh up 150% on strong demand for recipe box kits

HelloFresh Is Serving Up Large Returns

HelloFresh is an attractive growth story with international exposure in the meal-prep sector.

HelloFresh: Testament To The Viability Of Meal-Prep Business

Shares of prepared food kit maker HelloFresh HFG, +9.98% rallied nearly 11% in early trade as the company said it beat expectations on revenue and adjusted profit due to the coronavirus outbreak.

HelloFresh surges on 'meaningful acceleration' of demand

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While the rest of the market is plunging over coronavirus concerns, these 3 food delivery stocks have been surging.

3 Food Delivery Stocks Exploding Higher Amid Coronavirus Panic

News for HelloFresh SE Stock (HLFFF)