HelloFresh (ETR:HFG) First Quarter 2024 Results

Key Financial Results

• Revenue: €2.07b (up 2.8% from 1Q 2023).

• Net loss: €83.9m (loss widened by 234% from 1Q 2023).

• €0.49 loss per share (further deteriorated from €0.15 loss in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

HelloFresh Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 59%.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Europe.

Performance of the market in Germany.

The company's shares are down 1.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - HelloFresh has 1 warning sign we think you should be aware of.

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