4 ms·
There's no way they are losing money at 40% off unless they are doing something unreasonably bad.
by iinnPP 3y ago
There's no way they are losing money at 40% off unless they are doing something unreasonably bad.
- michaelt 3y agoI've never used a meal kit delivery company but isn't the grocery market extremely cost-competitive? Retailers like wal-mart only make about a 3% profit margin. And that's with the customer taking on the picking, packing and delivery. Are meal kit companies really charging twice retail for the things they supply?
- Havoc 3y agoThey have single digit operating margin so yeah they're absolutely losing money on -40% offers. https://companiesmarketcap.com/hellofresh/operating-margin/ https://companiesmarketcap.com/hellofresh/operating-margin/