Business
business

HelloFresh stock is cooking after earnings deliver

Shares of HelloFresh jumped 19%, their second-best day ever according to FactSet, after the company posted better-than-expected profit growth for the second quarter. The German meal-kit delivery business ships customers fresh ingredients and recipe cards to chef up meals at home. The company said its Q2 revenue jumped nearly 2% to $2.1 billion, while its average order value grew around 5%. 

While HelloFresh's meal-kit delivery business saw a dip in quarterly sales, its ready-to-eat segment saw 45% revenue growth. HelloFresh has been expanding its pre-made options (like an oven-ready lasagna) since 2020 as demand for DIY meals cooled.

While HelloFresh's meal-kit delivery business saw a dip in quarterly sales, its ready-to-eat segment saw 45% revenue growth. HelloFresh has been expanding its pre-made options (like an oven-ready lasagna) since 2020 as demand for DIY meals cooled.

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The entrance of Allbirds seen from Hayes St. in San Francisco, Calif.

Allbirds, the once buzzy multibillion-dollar sneaker startup, is selling up for $39 million

That’s less than 1% of its peak market cap about four years ago.

Tom Jones3/31/26
business

JetBlue is raising its bag fees as fuel costs squeeze airlines

JetBlue will reportedly hike its bag fees, as the cost of jet fuel continues to climb amid the war in Iran. It’s the latest example of carriers finding ways to push rising costs onto travelers.

Last week, United Airlines CEO Scott Kirby said that if fuel prices remain elevated, fares would need to rise another 20% for his airline to break even this year.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

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