GrubHub

Eat 24 is an online food ordering service that allows users to order food for delivery and takeout from restaurants through their web site or suite of mobile apps.

Eat24

Seamless (formerly SeamlessWeb) is an online food ordering service that allows users to order food for delivery and takeout from restaurants through their web site or suite of mobile apps.

Seamless

Just Eat Takeaway.com NV engages in the online food delivery marketplace. The firm connects consumers and restaurants through its platform and also offers delivery services. It operates through the following geographical segments: North America, Northern Europe, United Kingdom and Ireland, and Southern Europe, and Australia and New Zealand. The North America segment includes the U.S. and Canada. The Northern Europe segment consists of Austria, Belgium, Denmark, Germany, Luxembourg, Norway, Poland, Switzerland, Slovakia, and the Netherlands. The Southern Europe and ANZ segment refers to Australia, Bulgaria, France, Israel, Italy, New Zealand, Portugal, Romania, and Spain. The company was founded by Jitse Groen and Laurens Groenendijk in 2000 and is headquartered in Amsterdam, the Netherlands.

Shares shed more than a third of their value after the company's third-quarter earnings and guidance come up short.

Why Grubhub Stock Is Being Mauled Today

Grubhub stock plunged in reaction to a third-quarter earnings report that missed Wall Street expectations, as did its fourth-quarter outlook, in the face of slower growth and heated competition.
The post Grubhub Stock Plunges On Earnings Report Flop, Intense Competition appeared first on Investor's Business Daily.

Grubhub Stock Plunges On Earnings Report Flop, Intense Competition

GrubHub received five downgrades, including double-downgrades from both Bank of America Merrill Lynch and Oppenheimer following its disappointing third-quarter results.

GrubHub shares plunge 30% after a terrible earnings report causes analysts to bail on the stock

As a result of the disappointing Q3 revenue and Q4 forecasts, the stock received five downgrades, causing GrubHub’s share price to plummet. 
Food delivery company GrubHub has seen its stock price slashed by over a third after it posted disappointing third-quarter earnings today, reports CNBC.

GrubHub stock is in a free fall after earnings disaster and 5 downgrades

GrubHub (GRUB) delivered earnings and revenue surprises of 0.00% and -2.48%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

GrubHub (GRUB) Meets Q3 Earnings Estimates

GrubHub Inc (NYSE: GRUB) shares dropped sharply Monday afternoon after reporting a lower profit in the third quarter.

GrubHub Plummets On Q3 Sales Miss, Lower Guidance

GrubHub Inc. GRUB, -1.07% shares fell nearly 20% in late trading Monday after the online food-delivery company reported disappointing sales and expectations.

GrubHub stock tanks after earnings show disappointing sales, forecast

GrubHub (NYSE: GRUB) releases its next round of earnings this Tuesday. Here's Benzinga's essential guide to GrubHub's [quarter] earnings report.

Q3 Earnings Preview For GrubHub

Grubhub's (GRUB) third-quarter 2019 earnings are likely to have benefited from the rapidly growing active diner base amid intensifying competition.

Grubhub (GRUB) to Report Q3 Earnings: What's in the Cards?

The food delivery service has been losing ground to the competition as its own growth slows.

Does Grubhub Stock Have Any Drive Left in Q3?

Softbank's misjudgment with the office-sharing start-up isn't unique and it's having a detrimental effect on Grubhub and Uber.

WeWork's Collapse Could Be a Warning for Food Delivery Apps

Investors should take a contrarian view of this heavily shorted stock as it still has the potential to deliver.

Is Wall Street Too Bearish on Grubhub?

A food fight between Grubhub and a New York City councilman is getting messier than ever. The food-delivery giant’s chief executive Matt Maloney has been “needlessly aggressive and dismissive” of a city council investigation into the fees his company charges restaurants, Councilman Mark Gjonaj (D-Bronx) seethed in a letter obtained by The Post.

NYC councilman slams Grubhub CEO as ‘aggressive, dismissive’ of probe

Grubhub's (GRUB) expanding partner base and aggressive acquisition strategy are likely to help it effectively counter stiff competition from DoorDash, Uber and Waitr.

Grubhub Banks on Partnerships to Steer Away Competition

Competition, particularly from DoorDash, has had a material impact on Waitr's business, along with that of other food-delivery companies including Grubhub, Postmates and Uber Eats.

Waitr: Bankruptcy Fears Are Overblown

A New York City politician is pooh-poohing claims by food-delivery apps that they help mom-and-pop restaurants more than they hurt them. City Council Member Mark Gjonaj on Monday pushed back against a key claim by Grubhub, the parent company of Seamless, to justify the stiff fees it charges restaurants — namely, that customers who order.

Grubhub fees hurting small businesses, claims NYC council member

Restaurant owners say that Grubhub’s business model has cut into their profit margins. A New York City Council committee is investigating.

New York vs. Grubhub

The company's stock continues to decline as competition increases, shrinking its market share.

Can Grubhub Keep Delivering as Employee Costs and Competition Swell?

Shares of GrubHub Inc (NYSE: GRUB) fell Thursday after Jim Chanos said he is short the stock due to concerns around competition and labor costs.

DA Davidson: Buy GrubHub On Weakness After Chanos Shorts Stock

Legendary short-seller Jim Chanos of Kynikos Associates on Thursday announced his fund has taken a short position in online food-delivery company GrubHub Inc.

Jim Chanos announces short position in GrubHub

The famous short-seller doesn’t like the food delivery company.

Jim Chanos Bets Against Grubhub

Shares of Grubhub dropped nearly 6 percent on Thursday after a prominent short-seller revealed he was betting against the food delivery giant. Investor Jim Chanos said Grubhub is facing a perfect storm of bad news as its drivers push for higher pay; lawmakers pressure it to give its workers benefits, and restaurants become more savvy.

Grubhub stock falls after Jim Chanos says he’s shorting

Famous short-seller Jim Chanos is betting against GrubHub. The founder of Kynikos Associates says the food delivery company makes almost nothing per order, and is running into competition and labor issues.

Jim Chanos is short Grubhub, betting fees will come down and employee costs will rise

The food delivery giant has been quiet about the debate on employing independent contractors, but a new bill in California could turn its business upside down.

Could California's AB5 Gig Workers Bill Hurt Grubhub?

GrubHub news for Friday includes the food delivery company signing a deal with McDonald's (MCD) that saw its stock jump this morning.

News for GrubHub Stock (GRUB)