DoorDash(DASH)
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DoorDash sees record orders and revenue in second quarter even as US restaurant traffic slows
Techxplore· 2024-08-02 08:10
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A DoorDash sign is posted on the door of a Dunkin' Donuts franchise, Feb. 27, 2023, in Methuen, Mass. DoorDash reports earnings on Thursday, Aug. 1, 2024. Credit: AP Photo/Charles Krupa, File DoorDash said Thursday that it set records for orders and revenue in the second quarter, growth that came despite slowing U.S. restaurant t ...
DoorDash(DASH) - 2024 Q2 - Earnings Call Transcript
2024-08-01 23:29
DoorDash, Inc. (NASDAQ:DASH) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Andy Hargreaves - Vice President, Investor Relations Tony Xu - Co-Founder, Chair and CEO Ravi Inukonda - Chief Financial Officer Conference Call Participants Nikhil Devnani - Bernstein Ross Sandler - Barclays Michael Morton - MoffettNathanson Andrew Boone - JMP Securities Brad Erickson - RBC Capital Markets Bernie McTernan - Needham Michael McGovern - Bank of America Ron Josey - Citi Lee Horowitz - D ...
DoorDash, Inc. (DASH) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-01 22:21
DoorDash, Inc. (DASH) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.44 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -280%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.06, delivering a surprise of 14.29%. Over the last four quarters, the company has surpassed ...
DoorDash shares pop 13% on second-quarter revenue beat
CNBC· 2024-08-01 20:39
A DoorDash driver on an electric bicycle wearing a cooler backpack with the skyline of San Francisco in the background. Shares of DoorDash popped 13% in extended trading on Thursday after the company reported second-quarter results that beat analysts' expectations for revenue. Here's how the company did, according to LSEG analyst expectations: Loss per share: 38 cents, which may not compare with the expected loss of 9 cents Revenue: $2.63 billion vs. $2.54 billion expected DoorDash's revenue increased 23% f ...
DoorDash(DASH) - 2024 Q2 - Quarterly Report
2024-08-01 20:08
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM 10-Q _____________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39759 _____________________________ ...
DoorDash(DASH) - 2024 Q2 - Quarterly Results
2024-08-01 20:06
Three Months Ended Exhibit 99.1 DoorDash Releases Second Quarter 2024 Financial Results August 1, 2024 SAN FRANCISCO--(BUSINESS WIRE)-- DoorDash, Inc. (NASDAQ: DASH) today announced its financial results for the quarter ended June 30, 2024. In Q2 2024, we set new quarterly records for Total Orders, Marketplace GOV, and revenue with year-over-year (Y/Y) growth in revenue that exceeded Y/Y growth in Marketplace GOV for the tenth consecutive quarter. Our aim is to build a large and durable business by building ...
Calling all innovative students from the United States who want to shape the future: Here's a chance to bring your idea to life
Prnewswire· 2024-08-01 14:00
One idea is all it takes to enter Red Bull Basement, the global event that empowers a new generation of innovators through resources including networking, collaboration and AI technology. The team with the nation's best idea will be invited to develop it further for the World Final in Tokyo, where expert judges will choose the winner for 2024. SANTA MONICA, Calif., Aug. 1, 2024 /PRNewswire/ -- A single good idea will launch innovators from the U.S. to the global stage as Red Bull Basement returns for 2024. ...
MEALS ON WHEELS AMERICA ANNOUNCES PARTNERSHIP WITH DOORDASH TO SUPPORT DELIVERY EFFORTS ACROSS THE COUNTRY
Prnewswire· 2024-07-30 13:02
The two organizations team up to provide local Meals on Wheels programs with a cost-effective, convenient delivery alternative to ensure homebound older adults always receive the nutritious meals they need Through Project DASH, DoorDash powers deliveries on behalf of non-profits at a discounted rate, enabling the Meals on Wheels network to address gaps in volunteer coverage. Together, DoorDash and Meals on Wheels America have already powered free Project DASH pilots for more than 30 local programs to make 2 ...
DoorDash Hires Ex-Amazon Exec and Explores Digital Storefronts
PYMNTS.com· 2024-07-29 00:49
The report noted that DoorDash is also exploring software that would let merchants to build online storefronts and accept online payments, and accept eCommerce returns directly from consumers and delivering to UPS, FedEx, or the U.S. Postal Service. "With its growing number of partners, DoorDash now provides access to groceries, retail, flowers, food and other products from more than 500,000 local merchants," PYMNTS noted in reporting on the new partnerships last week. There's a wealth of opportunity here, ...
Food delivery fees are rising, and everyone's feeling the pinch
CNBC· 2024-07-27 11:00
In this article A food delivery messenger is seen in Manhattan. Food from the restaurant of your choosing, delivered right to your door — at what cost? Frustrations from both sides of the table have hit the services, which have worked to protect (or achieve) profits and prop up orders while cash-strapped Americans scrutinize the checkout screen — and order totals that often add up to more than expected. The rising costs come as more Americans watch their wallets during a period of persistent inflation. "I f ...