Blue Apron Holdings Inc. (APRN) achieved a net income for the first time in four years, and its sizeable net revenue increase since 1Q16. On July 28th, the company's stock closed at $14.08. The next day (day of the earnings release), the stock opened at $12.90, in my opinion, reflecting a market that was disappointed with the future growth of the company.

2Q20 Highlights

I will not go into too much detail on the company's 2Q20 financials as the COVID-19 pandemic had a positive but non-permanent impact on it. Some key points could help shed some light on the future of the company, and these are the critical points of focus.

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