GrubHub reports slump in quarterly profit as costs rise

GrubHub reports slump in quarterly profit as costs rise

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-grubhub-results/grubhub-reports-slump-in-quarterly-profit-as-costs-rise-idUSKCN1UP1HJ

GrubHub Inc reported a slump in quarterly profit on Tuesday, hurt by soaring costs as the online food delivery company faces off against rivals Uber Eats and DoorDash, sending its stock down 6% in trading before the bell.