They always release after hours, nearly always 5pm, followed by a 6pm conference call. Growth for the quarter over the bumper COVID numbers last year is still very very good. They explained the volatile customer behavior, pretty simple after COVID and market nowhere near saturation. The key is how can they capture more of it, with a lower % of marketing cost. Hello Fresh still dominates as first choice in this segment and they need to find a brand move to capture more of the demand that exists in this growing category.
MMM Price at posting:
$1.51 Sentiment: Buy Disclosure: Held