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Intouch Insight Confirms: DoorDash Leads, Restaurants Beat Out Convenience Stores, and Order Batching Hurts Customer Experience in Third-Party Delivery.
GlobeNewswire News Room· 2024-09-18 11:30
Ottawa, Ontario, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Intouch Insight, a leading customer experience (CX) solutions provider, has released its 2024 Third-Party Delivery Study report. This comprehensive study, released in partnership with Informa Connect, offers valuable insights into the performance of third-party delivery services, highlighting the crucial factors that influence customer satisfaction and the effectiveness of delivery operations for orders placed for made-to-order food from both restaurants a ...
This Super Stock Is Beating the S&P 500 This Year. Here Are 2 Reasons It Could Go Even Higher.
The Motley Fool· 2024-09-18 09:29
This food delivery giant is expanding into other segments, which could be even more lucrative than its core business. DoorDash (DASH -0.76%) is the dominant food delivery company in America with a 67% market share. It expanded into other segments like grocery and retail over the past few years, which could lay the groundwork for significant growth over the long term. DoorDash stock is up 31% in 2024 so far, so it's comfortably beating the S&P 500, which is up 18%. Here are two reasons why I think it's about ...
It's All About Partnerships In DoorDash - Bringing More Upside
Seeking Alpha· 2024-09-18 05:03
DoorDash (NASDAQ: DASH ) announced yet another grocery partnership last Thursday , this time with the largest US-based Asian supermarket chain, H Mart. I'm maintaining my buy as the new partnership further confirms my expectation of green shoots I'm a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I've spent over two decades in the ma ...
DASH Gains 26.4% YTD: Should You Buy, Hold or Sell the Stock?
ZACKS· 2024-09-04 15:51
DoorDash (DASH) shares have rallied 26.4% year to date compared with the Zacks Computer & Technology sector's rise of 20.7%. DASH's robust stock price performance has been driven by its better-than-expected financial results and impressive growth profile. DoorDash reported second-quarter 2024 revenues of $2.63 billion, which increased 23.3% year over year. The upside was driven by strong performance in total orders and Marketplace Gross Order Value ("GOV"), alongside enhanced logistics efficiency and an inc ...
DoorDash Stock Sprints Higher on EPS Beat and Raised Guidance
MarketBeat· 2024-08-28 11:00
DoorDash Inc. NASDAQ: DASH is the largest food delivery platform in the United States, with over 550,000 restaurants and grocery stores in its network. Like Uber Technologies Inc. NYSE: UBER, DoorDash plays the role of the middleman connecting local restaurants with customers and Dashers (delivery drivers) to deliver the food. DoorDash has also expanded its deliveries to include groceries, clothing, make-up, mattresses, and more than two million products. DoorDash Today | --- | --- | |---------------------- ...
DoorDash Adds Max Streaming Service to DashPass Membership Program
PYMNTS.com· 2024-08-13 16:41
DoorDash's DashPass membership program now includes offers from Warner Bros. Discovery's Max streaming service. A DashPass Annual Plan membership in the United States now includes Max With Ads at no additional cost and an offer to upgrade to a Max Ad-Free subscription for a discounted rate of $10.99 per month, the companies said in a Tuesday (Aug. 13) press release. "Since launching DashPass six years ago, our goal has always been to deliver increasing value and savings to members," Prabir Adarkar, presiden ...
DoorDash Delivers: Earnings Review - Reiterating A Buy
Seeking Alpha· 2024-08-07 19:46
John M Lund Photography Inc/DigitalVision via Getty Images DoorDash, Inc. (NASDAQ:DASH) announced 2Q24 earnings last Thursday after the bell, confirming my positive outlook on the stock from my initiation article, "Hitting Bottom And Bound To Dash Higher." I think Dash is now better positioned to beat its Marketplace GOV guidance of $19.4 billion - $19.8 billion for next quarter, as I see momentum backed by expansion to international markets and its grocery offering. My positive sentiment back in May was ba ...
DoorDash Inc-A:2季度业绩超预期; 下半年盈利或有望好于上半年
安信国际证券· 2024-08-05 08:31
% 一个月 三个月 十二个月 相对收益 12.37 -1.26 20.83 绝对收益 8.93 3.01 40.23 数据来源:公司资料,彭博,万得 2024 年 08 月 05 日 DoorDash(DASH.US) 2 季度业绩超预期;下半年盈利或有望好于上半年 DoorDash 2 季度外卖单量/交易额同比增 19%/20%,略高于指引和市场预期,经调 整 EBITDA 较市场预期高 9%。公司指引 3 季度 GOV 同比增 16-18%,预计下半年盈 利优于上半年,受成本侧持续优化驱动。关注用户规模及订单频次增长。 报告摘要 2 季度业绩超预期:总收入 26.3 亿美元,同比/环比增 23%/5%,较市场预期略高 4%。 归母净亏损 1.6 亿美元,对比 2Q23/1Q24 为亏损 1.7 亿美元/2,300 万美元。行政费 用同比增 45%,其中确认物业租赁减值损失 8,300 万美元,计提罚款准备金 8,500 万 美元。Contribution Profit(经调整经营利润概念)为 8.3 亿美元,同比增 33%,仍维 持快于收入的增速趋势,效率持续优化。经调整 EBITDA 为 4.3 亿美元 ...
DoorDash (DASH) Reports Q2 Loss, Beats Revenue Estimates
ZACKS· 2024-08-02 17:50
DoorDash (DASH) reported a GAAP loss of 38 cents per share in second-quarter 2024, narrower than the yearago quarter's loss of 44 cents per share. The figure missed the Zacks Consensus Estimate of a loss of 10 cents. Revenues increased 23.3% year over year to $2.63 billion and surpassed the consensus mark by 3.7%. The upside was driven by strong performance in total orders and Marketplace GOV, alongside enhanced logistics efficiency and an increased contribution from advertising. Quarter in Details In the s ...
DoorDash: This Is The Beginning Of A Long Rally
Seeking Alpha· 2024-08-02 12:46
Kenneth Cheung For several quarters now, DoorDash (NASDAQ:DASH) has disappointed sorely after earnings. It's refreshing, that after posting incredible Q2 results, the delivery company experienced a welcome jolt upward, owing to incredibly strong order performance plus higher order contribution margins. Yet even after rallying more than 10% in after-hours trading following DoorDash's Q2 earnings print, the stock is still up only ~20% for the year: in line with the S&P 500, but underperforming many other tech ...