Grubhub (GRUB) Tops Q3 EPS by 25c

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Go back to Grubhub (GRUB) Tops Q3 EPS by 25c

Grubhub Reports Third Quarter 2020 Results

October 28, 2020 4:05 PM EDT

CHICAGO, Oct. 28, 2020 /PRNewswire/ -- Grubhub Inc. (NYSE: GRUB), a leading online and mobile food-ordering and delivery marketplace, today announced financial results for the third quarter ended September 30, 2020 and also posted a letter to shareholders on its investor relations website. The Company reported revenues of $494 million, which is a 53% year-over-year increase from $322 million in the same period last year. Gross Food Sales grew 68% year-over-year to $2.4 billion, up from $1.4 billion in the same period last year.

"Connecting restaurants and diners is more important than ever given the challenges our restaurant... More