Grubhub (GRUB) Tops Q4 EPS by 6c, Offers Guidance
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Grubhub Reports Record Fourth Quarter Results
February 8, 2018 7:00 AM ESTCHICAGO, Feb 8, 2018 /PRNewswire/ --Â Grubhub Inc. (NYSE: GRUB), the nation's leading takeout marketplace, today announced financial results for the fourth quarter ended Dec. 31, 2017. For the fourth quarter, the Company posted revenues of $205.1 million, which is a 49% year-over-year increase from $137.5 million in the fourth quarter of 2016. Gross Food Sales grew 39% year-over-year to $1.1 billion, up from $818 million in the year ago period.
"Over the past two years we have taken incredible strides in expanding the breadth and depth of our restaurant network, growing the number of local restaurants we work with from 40,000... More
