by Tom Kaiser | Sep 13, 2019 | Finance, Research, Scoreboard
Cowen, a New York analyst firm that closely follows Grubhub, slightly downgraded its price target for the Chicago-based delivery giant. Following the company’s revised 2019 guidance, the firm lowered its price target from $91 to $86, affirming that it still expects...
by Nicholas Upton | Aug 22, 2019 | Briefs, News, Third-Party Delivery
When we order food in the office via one of the third-party apps, it’s not hard, but it’s also not easy. Generally, whoever had the great idea to get food delivered has to glean everyone’s order from our office messaging app Slack and plug them in or wander around the...
by John Hamburger | Aug 15, 2019 | Finance, News, Scoreboard, Top Stories
Waitr, a Louisiana-based third-party delivery provider that focuses on smaller markets, has struggled mightily since acquiring Minnesota-based Bite Squad in January. In the seven months since that deal was big news in the delivery space, Waitr’s share price has...
by fodnews | Jun 6, 2019 | Finance, News
It’s been a rough eight months for Grubhub’s stock price, but the company is celebrating good news in the form of $400 million in new financing through a private offering. According to the company’s press release, $340 million of that cash pile will be used to repay...
by Nicholas Upton | May 10, 2019 | Finance, Third-Party Delivery, Top Stories
Waitr, one of the few public delivery companies (for now), just released some mixed, but mostly rosy, results from the first quarter of 2019. The big numbers, revenue and active diners, both rocketed skyward. Revenue was up 287 percent over last year and its active...