Blue Apron expects to achieve positive adjusted EBITDA in 2Q24

Says 72% y/y improvement in cash burn in Q2. Expects to “aggressively manage” cash burn for remainder of year. Expects to invest “slightly more” in marketing in 2H23. Says now a debt-free company. Says seeing record customer engagement metrics. Says increasing menu options in early FY24. Comments taken from Q2 earnings conference call.