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GrubHub CEO: Independent Restaurants Are 'Really Hurting'
Thursday, March 26, 2020 - 3:39pm | 371Small and independent restaurants are "really hurting" amid the coronavirus pandemic and don't have the benefit of holding enough cash to cover months of expenses, GrubHub Inc (NYSE: GRUB) CEO Matt Maloney said Thursday on Fox Business. What Happened GrubHub recognizes the coronavirus...
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'Dose Of Reality': Shake Shack, GrubHub Execs Offer Business Updates
Friday, March 20, 2020 - 3:30pm | 481Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter. Unlike the 9/11 terror attacks, there is no "green light" that signals to the world it's time to go back out and resume life as best as...
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GrubHub CEO Talks Potential Coronavirus Impact, Competitive Environment
Wednesday, February 26, 2020 - 6:35pm | 458GrubHub Inc (NYSE: GRUB) CEO Matt Maloney was a guest on CNBC Wednesday to talk about the COVID-19 virus outbreak, among other hot topics impacting the food delivery industry. Coronavirus A 'Scary Situation' The ongoing spread of the coronavirus is "a scary situation," and...
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GrubHub Trades Lower After Q1 Print
Tuesday, May 1, 2018 - 2:46pm | 390Online food takeout and delivery service GrubHub Inc (NYSE: GRUB) announced first-quarter 2018 earnings results before the open Tuesday. The Chicago-based company reported revenue and non-GAAP earnings per share beats, but gross food sales and the number of "Daily Average Grubs"...
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GrubHub CEO Defends Email To Employees Asking Them To Resign For Supporting Trump's Hateful Rhetoric
Friday, November 11, 2016 - 10:49am | 328At first glance, GrubHub Inc (NYSE: GRUB) CEO Matt Maloney couldn't have made it clearer in an email to all of his employees: if you supported Donald Trump in the presidential race, you need to resign immediately. "I absolutely reject the nationalist, anti-immigrant and hateful...
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GrubHub Shares Surge 13% On Q4 Report
Thursday, February 4, 2016 - 11:10am | 269Shares of GrubHub Inc (NYSE: GRUB) surged higher by more than 13 percent Thursday morning after the company reported its fourth quarter results. GrubHub earned $0.19 per share in the fourth quarter on revenue of $100 million. Wall Street analysts were expecting the company to earn $0.14 per...
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GrubHub Details Plan To 'Enhance Shareholder Value,' Shares Spike Higher
Monday, January 25, 2016 - 10:28am | 269Shares of GrubHub Inc (NYSE: GRUB) were trading higher by 10 percent at $21.20 early Monday morning after the company released a plan to "enhance shareholder value." GrubHub detailed several "value-enhancing initiatives" including a $100 million stock repurchase...
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GrubHub CEO's Aggressive Rhetoric Mimics The Company's Growth Strategy
Wednesday, May 6, 2015 - 3:11pm | 366GrubHub Inc (NYSE: GRUB) shares fell drastically when the company reported mixed first-quarter earnings last week. Analysts were expecting the company to declare EPS of $0.14 for the quarter, while the company reported an EPS of $0.12. Matt Maloney, GrubHub co-founder and CEO, was on CNBC...
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5 People Who Made Money Off Of The GrubHub IPO
Friday, April 4, 2014 - 3:23pm | 315Shares of Grubhub (NYSE: GRUB), an online food ordering company, jumped 43 percent on its first day of trading. So, who's making money off of it? The majority of the outstanding stock is held by investment firms, including Goldman Sachs (NYSE: GS), Warburg Pincus and Spectrum Equity Investors....