FreshDirect Sees Financial Gains: Report

Online grocer FreshDirect is “solidly profitable for the first time in its six-year history,” according to a report in Crain’s New York Business.

NEW YORK — Online grocer FreshDirect here is “solidly profitable for the first time in its six-year history,” according to a report in Crain’s New York Business.

The company, which delivers to a limited area here from a warehouse in Queens, estimates sales will reach $240 million this year, up from $215 million last year.

“We are running the business better, in a more sophisticated way,” Richard Braddock, chairman and chief executive officer, told Crain’s.

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