TKAYF News and Press, Takeaway.com NV From 04/04/23

2023-04-04 13:05:34 ET Summary Delivery Hero is currently trading at -78% from its all-time high. Delivery Hero posted 9.26% YoY gross merchandise value growth in 4Q which is very strong compared to other major services. The food delivery industry is forced to focus on profita...

2023-03-21 18:29:04 ET Summary The sales growth outlook for Just Eat Takeaway is subdued, with consensus forecasting single-digit growth. We believe the highly probable divestment of Grubhub will highlight underlying weakness in the balance sheet and result in negative sales growt...

2023-03-16 11:36:02 ET Summary Quite what you should do is up to you, but something really should be done. The Just Eat/Grubhub ADR program is about to end. Owners should therefore do something. This applies to JTKWY - other instruments are not affected. This is an i...

Just Eat Takeaway.com N.V. (JTKWY) Q4 2022 Earnings Conference Call March 1, 2023 2:30 AM ET Company Participants Jitse Groen – Chief Executive Officer Andrew Kenny – Chief Commercial Officer Jörg Gerbig – Chief Operating Officer Brent Wis...

Summary DoorDash continues to grow orders with double-digit percentages. Growth in grocery delivery is probably increasing cash burn and lowering adj EBITDA generation. Stock-based compensation expenses continue to be high - and the buybacks offsetting the dilution turn these expens...

Summary Delivery Hero is a company managing food delivery platforms. Technology investor Prosus owns 25% of the company. Delivery Hero's recent trading update contained strong growth numbers considering hard comps. The company's EBITDA margin has increased rapidly, and so cash burn ...

Seth Klarman, head of Baupost Group, told the hedge fund's investors that the Federal Reserve's response to the 2008 financial crisis sowed the seeds for last year's market slump. "A boom based on easy-money policies will inevitably contain the seeds of its own destruction," he wrote in the y...

Summary Ocado Group plc missed the mark again in Q4. Decelerating growth poses downside risks to the FY23 guidance and beyond. The premium valuation could come under pressure alongside more downward revisions. On the back of another disappointing trading update in Q4, ...

Summary Food delivery app Deliveroo has seen a sharp drop of 63% over the past year. Numbers like orders and gross transaction value look weaker too, because of a high base. But its revenues, while slightly dated, continued to be strong in the first half of 2022. Its gross profit margin...

Summary Grubhub is in a much better position than the market thinks. Amazon acquisition can be a significant accelerator in value realization and de-intensifying competition in Europe, Canada, and Australia. A narrative shift may unfold in the coming years. Just Eat Takeaw...