Blue apron reports q4 loss per share $1.66

Blue apron holdings, inc. reports fourth quarter and full year 2019 results and provides corporate update.q4 loss per share $1.66.q4 revenue fell 33 percent to $94.3 million.q4 earnings per share estimate $-1.60 -- refinitiv ibes data.announces that its board of directors, supported by its management team, is evaluating a range of strategic alternatives.blue apron - announced planned closure of arlington, texas facility & consolidation of production volume into new jersey & california facilities.blue apron - due to planned closure, expects to incur about $1.5 million in cash restructuring charges.blue apron - expects to incur non-cash asset-related charges in range of $5.0 million to $8.0 million, majority of which to be incurred in h1 2020.blue apron holdings - expects planned closure to generate annual savings in fixed costs of about $8.0 million beginning in q2 of 2020.blue apron - strategic alternatives could include business combination, capital raise through public or private markets.blue apron - strategic alternatives could include a transaction that results in private ownership or sale of co or its assets.
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