(Reuters) – HelloFresh HFGG.DE said on Tuesday sales more than doubled in the third quarter, as the German meal-kit delivery company saw an increase in customers while existing ones ordered more frequently during the coronavirus-led lockdown.
Quarterly sales of 970.2 million euros ($1.13 billion) came in at the upper end of the expected range of 968 million to 971 million euros.
Revenue in the U.S. division surged 124.7%, despite facing continued capacity constraints throughout the quarter, the company added.
HelloFresh, which considers the United States as its key market, lets customers choose online recipes and delivers the pre-portioned ingredients to their doors. Like rivals, such as New York-based Blue Apron APRN.N, the