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Shares of DoorDash (DASH) slide in Friday's pre-market after posting its fourth-quarter results on Thursday, beating Wall Street's revenue expectations, but warning shareholders on having to absorb some of the regulatory costs that have been added to many delivery businesses for the first quarter of 2024. Fox Advisors Founder and CEO Steven Fox joins Yahoo Finance to discuss the company's performance, message to its shareholders, and its operations outlook.
The Department of Justice is to look into Disney (DIS), Fox (FOXA), and Warner Bros. Discovery (WBD) sports streaming venture.
DoorDash beat on the top line in Q4 but missed on the bottom line. However, the food delivery service is losing less money than it used to.
DoorDash Inc (NYSE:DASH) fell 8% in pre-market trading after it warned 2024 earnings could be impacted by weaker consumer spending. The delivery company said it expected gross order values (GOV), a key metric in the industry, to reach between US$74 billion and US$78 billion, a healthy jump from the near US$66 billion in 2023.
As DoorDash looks to grow from a restaurant delivery platform to something more like a super app, the aggregator is expanding its retail offerings by orders of magnitude each year. On a call with analyst Thursday (Feb.
DoorDash, Inc. (DASH) Q4 2023 Earnings Call Transcript
DoorDash, Inc. (DASH) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.63 per share a year ago.
Ravi Inukonda, DoorDash CFO, joins 'Closing Bell Overtime' to talk quarterly results, international growth, the impact of inflation and more.
DoorDash (DASH) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Thousands of drivers for Uber, Lyft and DoorDash are expected to go on strike in several U.S. cities on Valentine's Day seeking fair pay for their services.