HelloFresh cuts 2026 profit goal, missing forecasts after sales drop
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices slide over 2% on Iraq-Kurdish supply deal; Iran fears persist Up 31%+, this AI-picked energy infrastructure play is a Middle East conflict win Wall Street extends this week’s rebound a day ahead of Fed interest rate decision Oil inventories seen falling to record lows in April amid Hormuz disruptions 55% Off - FLASH SALE (South Africa Philippines Nigeria) 55% Off - FLASH SALE HelloFresh cuts 2026 profit goal, missing forecasts after sales drop By Author Navamya Acharya Earnings Published 03/18/2026, 03:20 AM HelloFresh cuts 2026 profit goal, missing forecasts after sales drop 0 HFGG -3.39% Investing.com -- HelloFresh SE on Wednesday forecast lower profit in 2026 and a further revenue decline after the German meal kit company reported a second consecutive year of falling orders, despite a cost-cutting drive that lifted full-year earnings. The Berlin-based company guided for 2026 AEBITDA of €375 million to €425 million, below the €422.8 million reported for 2025, blaming first-quarter cold weather disruptions, product reinvestments and planned exits from Italy and Spain. Get real-time market-moving headlines and analyst alerts on InvestingPro - 55% off The guidance midpoint of €400 million fell 5.5% short of analyst consensus of €423 million. Revenue is expected to fall a further 3% to 6% in constant currency, against a consensus estimate of minus 2.8%. Fourth-quarter revenue and AEBITDA landed within 1% of consensus, making the guide-down the primary focus of results day. Full-year 2025 group AEBITDA rose 14% in constant currency from €399.4 million, within guided range, as €160 million in savings from an ongoing €300 million efficiency programme offset a sharp volume decline. Total orders fell 12.3% to 100.53 million from 114.63 million, with meals delivered down 11.8% to 851.6 million. Revenue fell 9.0% in constant currency to €6.76 billion from €7.66 billion. North America, the largest segment, s...
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