HelloFresh Stock Jumps as JPMorgan Upgrades Rating to Buy

HelloFresh stock jumps as JPMorgan lifts rating to Buy

One of HelloFresh’s Most Bullish Analysts Is Back Following Rout

HelloFresh's stock climbed more than 4% in European trading after JPMorgan upgraded the stock from Neutral to Overweight, raising its price target from €7 to €14. JPMorgan highlighted positive outcomes from HelloFresh's strategic shift towards retaining its existing customer base and revised their EBITDA estimates for 2025 and 2026 to be 21% and 7% ahead of consensus, respectively. Additionally, the analyst noted the robust growth of the ready-to-eat (RTE) segment at a rate of 40% year-over-year, which is helping to balance the continued weakness in meal-kits. UBS also upgraded HelloFresh to neutral, indicating that the worst may be behind the company. The analysts noted improvements in cost management and marketing efficiency, as well as better disclosure practices.

HelloFresh

UBS Upgrades HelloFresh Stock Rating, Sees Stabilization Amid Strategic Changes

UBS upgrades HelloFresh stock, sees stabilization amid strategic changes

UBS upgraded HelloFresh's stock rating from Sell to Neutral on October 31, 2024, indicating improved financial performance and strategic direction. The upgrade was accompanied by an increased price target to EUR 10.60 from EUR 6.20, reflecting a more positive outlook on the company’s financial health. HelloFresh reported a strong first half of 2024 with improved profitability and cash flow, and a 2% year-over-year increase in revenue for Q3 2024, reaching €1.8 billion. The company plans to enhance customer retention through the Hello Fresh PLUS loyalty program in 2025 and aims to improve profitability by increasing marketing efficiency and reducing administrative expenses.

HelloFresh SE Experiences Market Cap Gain After Year of Losses

HelloFresh SE (ETR:HFG) institutional owners may be pleased with recent gains after 50% loss over the past year

HelloFresh SE recently saw a significant market cap gain of €262 million last week, following a 50% loss over the past year. The company's top 12 shareholders collectively own 53% of the company, with institutional investors holding a 59% stake. The CEO, Dominik Richter, holds 5.4% of the shares, and insiders own shares worth €90 million. The general public holds a 25% stake, and private equity firms own 8.3% of the company.

HelloFresh Proposes Nuneaton Facility Closure, 900 Jobs at Risk

900 jobs at risk as HelloFresh proposes site closure

HelloFresh announced plans to close its Nuneaton facility, which was opened in 2020 as the second UK production site and third largest in Europe. The closure would affect 900 employees, but HelloFresh has stated that it will prioritize redeployment opportunities within the business at sites in Derby and Banbury. The company claims this move will help reduce waste and emissions and improve service, while the Community Union has criticized the company for dismissing staff who spoke out against working conditions. HelloFresh denies these claims, stating dismissals were due to breaches of employment terms.

HelloFresh's stock price increases significantly

HelloFresh-Aktie hebt ab – ist das berechtigt?

Porsche enttäuscht - Aktie auf Tauchstation, Tesla und HelloFresh im Fokus

Great week for HelloFresh SE (ETR:HFG) institutional investors after losing 50% over the previous year

HelloFresh's stock price increased by approximately 20% on October 25, marking the biggest gain in the MDAX. The stock continued to rise by 2.8% on October 28, reaching 10.80 EUR. This positive movement follows recent financial results and buyback announcements.

HelloFresh Reports Market Valuation and Upcoming Financial Results

MDAX-Titel HelloFresh-Aktie: So viel Verlust hätte ein HelloFresh-Investment von vor 5 Jahren eingefahren

Ausblick: HelloFresh veröffentlicht Zahlen zum vergangenen Quartal

HelloFresh has a current market valuation of 1.80 billion EUR. Investors who purchased 10,000 EUR worth of shares five years ago now have a loss of 31.32 percent. The company will present its financial results for the quarter ending September 30, 2024, on October 29, 2024. Analysts expect a quarterly loss of -0.102 EUR per share and a revenue increase of 2.42% to 1.85 billion EUR. For the fiscal year, HelloFresh is expected to report a profit of 0.279 EUR per share with an annual revenue of 7.78 billion EUR.

HelloFresh Seeks to Honor 'Friends' 30th Anniversary with a Limited-Edition Meal Kit

Gross 'Friends' Thanksgiving meal that 'tastes like feet' is getting a HelloFresh mashup

HelloFresh is creating a limited-edition meal kit that recreates the infamous Thanksgiving dish from the 'Friends' show's Season 6 Episode 9, titled 'The One Where Ross Got High.' This initiative is part of HelloFresh's efforts to honor the 30th anniversary of the popular sitcom.

HelloFresh Shares Performance Over Past Five Years

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MDAX-Papier HelloFresh-Aktie: So viel Verlust hätte ein HelloFresh-Investment von vor 5 Jahren eingebracht

An investment of 10,000 EUR in HelloFresh shares five years ago would have resulted in a 31.32% decrease in value, reflecting the current market value of all HelloFresh shares at 1.8 billion EUR. The current share price is 15.58 EUR, down from its initial trading price of 10.60 EUR on XETRA on November 2, 2017.

HelloFresh publishes Q3 financial results and announces share buybacks

EQS-CMS: HelloFresh SE: Veröffentlichung einer Kapitalmarktinformation

HelloFresh published its Q3 financial results, showing a slight loss of -0.102 EUR per share, an increase from the previous year. Revenue is expected to grow by 2.42% to 1.85 billion EUR, and the company projects an annual profit of 0.279 EUR per share and total annual revenue of 7.78 billion EUR. Additionally, HelloFresh announced a share buyback program.

HelloFresh Launches Limited-Edition 'Friends' Trifle Kit

I Tried Hello Fresh’s ‘Friends’ Trifle Kit—And It’s Shockingly Good

HelloFresh has launched a limited-edition 'Friends' trifle kit, recreating the iconic trifle from the TV show. The kit includes ingredients for a shepherd's pie and a raspberry trifle, a divided trifle dish, and a Friends-themed apron. The kit is priced at $35 and will be available starting November 4, shipping the week of November 11. This product launch is aimed at engaging customers with a nostalgic and themed culinary experience.

HelloFresh is a publicly traded meal-kit company based in Berlin, Germany. It is the largest meal-kit provider in the United States and operates in multiple countries worldwide. They offer easy-to-follow recipes and deliver fresh, high-quality ingredients to customers' doors. HelloFresh aims to change the way people eat by providing wholesome, homemade meals without the hassle of shopping and meal planning.

HelloFresh is on a mission to change the way people eat, forever!

From our 2011 founding in Europe’s vibrant tech hub Berlin, we’re evolving from the world’s leading meal kit company to the world's leading food solutions group. We delivered 243.3 million meals and reached 7.5 million active customers around the world in Q3 2022. 

HelloFresh Group consists of six brands that provide customers with high quality food and recipes for different meal occasions. Every ingredient needed for our meals are carefully planned, responsibly sourced and delivered to your door when it’s most convenient for you. Only HelloFresh gives you the tools to achieve something delicious every day.

Making a meal a delicious achievement - not just fuel for your day - takes a lot of work and smart people. From Designers and Copywriters to Data Scientists and DevOps Engineers, to potato farmers, pasta makers and the people who ensure every box is perfectly packed for every customer, we’re collectively disrupting the food supply chain and the multi-trillion-dollar food tech industry.

Our more than 21,000 high-performing and ambitious employees across the globe from New York to Berlin, London to Sydney and Toronto to Milan enjoy a number of benefits including flexible working arrangements, discounts on our boxes, health and well-being and learning and development programs.

We’re always looking for quality ingredients to perfect our recipe, so join us now!  https://www.hellofresh.com/careers/locations

HV Capital

Monkfish Equity

Phenomen

Insight Partners

Rocket Internet

Baillie Gifford

Walk through a day in the life of Valerie Duong, our Retention Manager at HelloFresh Nordics. 

Kickstarting her day with a refreshing bike ride to the office, Valerie provides a behind-the-scenes look into her role as the Retention Manager, where she steers retention initiatives, closely collaborating with the HQ on strategic pricing and discount tests that shape the customer experience. 

🎬 Get a closer look at Valerie and her team's expertise in the complete video below.

Ready to excel in driving customer success, just as Valerie does? Check out the opportunities available on our career page and join our HelloFresh Nordics team: https://lnkd.in/dUT2iRBP

#HelloFreshNordics #cookineggs #DayInTheLife #JoinOurTeam #Denmarkjobs

Yesterday HelloFresh co-hosted the second of three events in the German parliament to discuss the possible impact and methodology of a carbon label as part of the initiative Together for Carbon Labelling. The alliance was built by food companies in collaboration with scientists and is advocating for the introduction of a carbon label to offer consumers full #transparency on the carbon footprint of their food choices. To push the carbon label for Germany and Europe HelloFresh and other organizations and scientists are collaborating with the German policy maker Rita Hagl-Kehl MP. 

After discussing the scientific perspective in the first event in October, the second meeting explored the challenges and opportunities for businesses with presentations by #HelloFresh, Mo-Lilith Schünemann representing Oatly, Paul Hoffmann-Woldt who is leading the Together for Carbon Labelling initiative and Sabine Sabet representing the The Federation of German Food and Drink Industries (BVE). 

Dr. Daniel Chorzelski, VP Growth for HelloFresh DACH, talked about HelloFresh’s experience with implementing our climate cautious recipes label. The label enables customers to choose dishes with less carbon emissions and marks HelloFresh’s first step towards full menu transparency. HelloFresh has been actively contributing to the work on the carbon label methodology with the Together for Carbon Labelling initiative. 

Rita Hagl-Kehl MP underlined the importance to not only support consumers, but also make sure the label is feasible for smaller food companies. 

We are proud to be part of this important milestone towards full carbon transparency for consumers and look forward to driving this topic further together with our partners. 

Bundesministerium für Ernährung und Landwirtschaft 
Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection

#carbon #sustainability #carbonfootprint

If Monday’s Cookin’ Eggs video with Kristian Hald left you hungry for more insights, we’re excited to introduce Rafael Graña, Head of Talent, Mobility & Rewards at HelloFresh Nordics.

Rafael shares a behind-the-scenes look into the core values of the team, which have helped to develop their high-performing and unique workplace culture.

Read the full blog to discover Rafael's experience and get a closer look at life at HelloFresh Nordics: 

https://lnkd.in/dmuE8Sfx

#insidehellofresh #HelloFreshNordics #cookineggs #careertips

At #HelloFresh, we’re committed to minimizing #foodwaste within the supply chain and in consumer households. We’re exploring ways to educate and enable consumers to live more sustainably and waste less food at home, like with our HelloFresh Gardens initiative in the UK. 

We’ve partnered up with Social Farms & Gardens, a UK-wide charity that supplies community growing spaces for local residents and helps communities and families to learn more about living sustainably and growing their own. 

We’re very proud to be continuing our HelloFresh Gardens initiative in the UK for it's 2nd year! 

For this year's initiative we've teamed up with low waste chef Max La Manna and have created the Curr-EAT-ulum a food waste syllabus aimed at 5 - 10 year olds to educate British school children on the importance of food waste reduction with the help of fun activities and quizzes.  

A representative survey among 2,000 Britons by HelloFresh revealed that around three quarters of families feel guilty about the amount of food they waste, with more than half of Brits believing that children should be educated on reducing food waste, and a further 42% saying it should be added to the school curriculum. In light of these findings we wanted to create a toolkit that could help educate the youth of today. 

To learn more about this initiative you can visit https://lnkd.in/efaMcyZB and check out this video:  https://lnkd.in/eRTkybXF
Download the Curr-EAT-ulum here: https://lnkd.in/e-a26F5z 

#consumereducation #sustainability #fightfoodwaste

From ANZ now back to Europe, welcome to week 4 of the Cookin’ Eggs Championship! We’re excited to welcome Kristian Hald, Managing Director of HelloFresh Nordics, to the kitchen and watch him fire up the frying pan. 

Watch as you learn more about how one of our youngest regions went from 0 to 150 employees in just 3 years. Will our “egg-cellent” judge approve of the final egg creation? 

Don’t forget, you’re one of the most important judges! Like / comment / share this post if HelloFresh Nordics has your vote for the renowned “People’s Choice” award; winner announced in December.

Take a look at our Nordics careers page, where you can find openings and become a part of the HelloFresh team: https://lnkd.in/dUT2iRBP

#insidehellofresh #cookineggs #nordics #copenhagenjobs

As we bid farewell to October, Global Diversity Awareness Month, we look back at how our growing #HelloFresh Employee Resource Groups (ERGs) celebrated diversity during this special month (and beyond!) in our latest website story 👀

Some highlights:
📊 ERGs in Action: 140+ events held this year and over 2000 ERG members worldwide.
🚀 Asian Network launch: Asian Market, a celebration of Asian culture and the inaugural event of the new Berlin-based ERG Asian Network, drew over 400 attendees.
🎉October celebrations: our US- and Berlin-based ERGs organized several activities and events to honor Global Diversity Month such as ERG Day in Berlin and a company-wide #DE&I Summit in the US.

Our ERGs help drive our commitment to diversity, equity and inclusion (DE&I) all year round. With several events and initiatives planned throughout the year, ERGs enable the unique voices that make HelloFresh special thrive by empowering employee representation and participation. We believe that there is no better way to celebrate diversity than ensuring that each employee has a space in which they can feel a sense of belonging and empowerment to bring their whole selves to work 💚

Read the full story and discover how our ERGs are getting employees engaged and shaping a more inclusive workplace: https://lnkd.in/ezp-6GvB 

#workingathellofresh #freshlife #diversitymatters

Join Isaac Noakes, our Junior Brand Manager, on his day in the life at HelloFresh ANZ.

Isaac collaborates closely with the Marketing team to steer our brand campaigns. Watch the full video to get an even closer look at his team's expertise. 🎬

Inspired by Isaac's Day in the Life? Discover your own path at HelloFresh and be part of our team in Australia https://lnkd.in/dqGb-BDC and New Zealand https://lnkd.in/dGNFb242

#insidehellofresh #HelloFreshANZ #careers #dayinthelife #cookineggs

For the third instalment of our Cookin’ Eggs blog series, we’re excited to introduce Anya McDonald, Team Lead Talent Acquisition at HelloFresh ANZ.

“I’d say that what stands out the most in our team is Speed and Agility―the local ANZ team is very hands-on and loves to solve problems on the spot. Thanks to this, they can see their impact daily in any challenge they face, and by thinking on the spot over and over again, the team adapts to the dynamic world and industry in which we find ourselves.“

Sound like the type of work environment you’d thrive in? Read more life inside HelloFresh ANZ from Anya in the blog below!

https://lnkd.in/esEv3gFe

#insidehellofresh #cookineggs #recuritmenttips #anz #australia #newzealand

It’s week 3 of the Cookin’ Eggs Championship! We’ve seen France and the UK whisk up their best omelettes; now it’s over to Australia and New Zealand. 

Will Tom Rutledge, Founder & CEO of HelloFresh ANZ, use his Masterchef experience to bring ANZ to the top of the leaderboard? Joined by Gerrit Steveling, COO ANZ, and Amy S. MD & CMO ANZ, check out episode 3 now. 📽️ 

If ANZ has your vote for the highly desirable “People’s Choice” award, don’t forget to like, comment and share this post to give them a chance at winning! 

Explore our ANZ careers page to discover exciting chances to become a part of the HelloFresh team in Australia: https://lnkd.in/dqGb-BDC and New Zealand: https://lnkd.in/dGNFb242

#insidehellofresh #cookineggs #anz #australia #newzealand

Join Meena Sahdev, our Senior Inventory Manager at HelloFresh UK, as she takes you along her typical day!

Starting her day with a smile, she takes us on a journey through one of our UK Distribution Centers, where she and her team work to continuously optimise supply chain operations and enhance product flow.

Feeling inspired by Meena's Day in The Life? Explore our opportunities on the UK team and start your journey today: https://lnkd.in/dFW7KXCb

#insidehellofresh #CareerOpportunities #JoinOurTeam

COM:HELLOFRESH

HelloFresh

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