HelloFresh third-quarter sales more than double as stay-at-home orders surge

FILE PHOTO: A basket filled with beers and food from a downstairs barbecue, is lifted up with a string to neighbors, during the spread of the coronavirus disease (COVID-19) in Hamburg, Germany March 28, 2020. REUTERS/Fabian Bimmer

(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

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