GrubHub Inc. (GRUB) stock prices updated...
 

GrubHub Inc. stock price

GrubHub Inc. latest news:


  • 08/03/2017 16:03:27

    Grubhub to acquire Eat24, Yelp's food delivery service

    After the deal closes, Yelp’s large user base of 83 million will have access to Grubhub’s extensive network of approximately 75,000 restaurants.        

  • 08/03/2017 15:59:39

    Yelp to sell Eat24 for $287.5 million, authorizes share repurchase

    SAN FRANCISCO (Reuters) - Yelp Inc said on Thursday it would sell its Eat24 business to Grubhub for $287.5 million in cash, as it posted revenue that beat expectations, news that sent Yelp's shares up 19 percent.

  • 08/03/2017 15:58:41

    Yelp soars in after hours on second quarter results, Eat24 sale

    Investing com Investing com Yelp Inc NYSE YELP posted a big earnings beat Thursday and announced the sale of its Eat24 business to GrubHub sending shares up over 18 in early after hours trade Yelp pulled in second quarter net income of 7 6 million or 9 cents a share on sales of 208

  • 08/03/2017 15:09:14

    Grubhub to buy Eat24 from Yelp

    Grubhub plans to gobble up another online food-ordering rival: This time it's Yelp Inc.'s Eat24.

  • 08/03/2017 14:54:52

    BRIEF-Yelp says ‍Grubhub to acquire Eat24 for $287.5 mln

    Yelp Inc(YELP): * Yelp- ‍Grubhub (GRUB) will acquire co's Eat24 business; co to integrate online ordering from all Grubhub (GRUB) restaurants onto its local goods & services platform​. * Yelp- ‍Grubhub (GRUB) to acquire Eat24 for $287.5 million in cash; Grubhub's (GRUB) acquisition of Eat24 expected to be funded through combination of cash on hand & debt​ Source text for Eikon: Further company coverage:

  • 08/03/2017 14:52:20

    GrubHub shares drop on second-quarter results after earnings report

    Shares of GrubHub Inc. hit a record intraday high Thursday, but plunged 10% in after-hours trading after the food delivery and takeout company reported second quarter results. GrubHub reported adjusted earnings of 26 cents a share, compared with 23 cents a share in the year-earlier quarter. The FactSet consensus was for earnings per share of 26 cents. Revenue jumped 32% to $158.8 million, above the consensus of $158.3 million. GrubHub executives raised the lower-end of the full-year sales guidance to $642 million to $662 million from $632 million to $662 million. In a separate press release, GrubHub announced a partnership with Yelp Inc. that includes the acquisition of Yelp's food delivery unit Eat24. Grubhub shares have gained 28.3% year to date and hit an intraday high of $48.58 on Thursday. The S&P 500 has gained 10.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/03/2017 14:27:26

    GrubHub shares drop on second-quarter results after earnings miss

    Shares of GrubHub Inc. hit a record intraday high Thursday, but plunged 10% in after-hours trading on the food delivery and takeout company's second quarter results. Earnings missed expectations, with adjusted net income growing 15% to $14.8 million, or 17 cents a share, compared to $12.8 million or 23 cents a share, in the year-earlier quarter. The FactSet consensus was for earnings per share of 26 cents. Revenue jumped 32% to $158.8 million, above the consensus of $158.3 million. GrubHub executives raised the lower-end of the full-year sales guidance to $642 million to $662 million from $632 million to $662 million. In a separate press release, GrubHub announced a partnership with Yelp Inc. that includes the acquisition of Yelp's food delivery unit Eat24. Grubhub shares have gained 28.3% year to date and hit an intraday high of $48.58 on Thursday. The S&P 500 has gained 10.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/03/2017 14:22:21

    Yelp soars almost 18% after earnings beat, Eat24 sale

    Yelp Inc. recovered from a damaging change to its ad business to post a big earnings beat Thursday, sending shares skyrocketing higher as the company also announced a partnership with GrubHub Inc. Yelp reported second-quarter net income of $7.6 million, or 9 cents a share, on sales of $208.9 million, up from results of a penny a share on sales of $173.4 million in the year-ago quarter. Analysts on average expected a loss of 8 cents a share on sales of $205 million, according to FactSet. Yelp's advertising business, which was hit by an update that caused an advertiser revolt in the first quarter, recovered to post sales of $186.6 million, up from $151.9 million a year ago and beating average analyst estimates of $184.1 million. In a separate announcement, Yelp said it is selling its Eat24 business, which it bought for $134 million in 2015, for $287.5 million to GrubHub and integrating GrubHub's similar offering into its own platform. Yelp also increased the low end of its full-year revenue guidance to $855 million from $850 million, and announced a $200 million share-repurchase plan. Yelp stock, which closed with a 2.7% decline at $31.37, jumped almost 18% to nearly $37 in late trading.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/03/2017 14:08:50

    GrubHub buys Yelp's Eat24 business in partnership agreement

    GrubHub Inc. and Yelp Inc. announced a new partnership Thursday afternoon that includes the acquisition of Yelp's Eat24 food-delivery business by GrubHub. GrubHub will pay $287.5 million for Eat24, and Yelp will integrate GrubHub's restaurant-ordering platform into Yelp apps and services. "Bringing Grubhub onto the Yelp Platform through this long-term partnership will be a win for everyone," Yelp cofounder and Chief Executive Jeremy Stoppelman said in the announcement. Yelp acquired Eat24 for $134 million in 2015. GrubHub and Yelp were also scheduled to announce earnings separately on Thursday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/31/2017 14:28:52

    GrubHub, Groupon shares rise on food delivery partnership

    Shares of GrubHub Inc. and Groupon Inc. both advanced in the extended session Monday after the companies announced a food delivery partnership deal. GrubHub shares rose 3% to $47.50 after hours, while Groupon shares rose 3.7% to $3.90. The partnership will allow Groupon users to order food delivery from GrubHub's 55,000 participating restaurants and allow them to redeem Groupon deals. Also, GrubHub will acquire 27 of Groupon's OrderUp food delivery markets under deal terms that were not disclosed.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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