Uber Eats and other third-party delivery services take a bite out of Domino"s Pizza

Domino's Pizza surprised investors by resetting its long-term growth goals on Tuesday and said it would cut costs and investment this year as it battles the growing popularity of third-party delivery services and small pizzerias......»»

Domino's Pizza missed Wall Street estimates for quarterly same-store sales and profit on Tuesday, hurt by growing competition from third-party delivery services and small pizzerias, sending the pizza chain's shares down 6%......»»

The five leading third-party food delivery services generated a total of $10.2 billion in U.S.-only sales in 2018......»»

The possibility that Uber Technologies Inc , which runs Uber Eats, could acquire Grubhub Inc is reigniting some restaurants' worries over the commissions charged to eateries by the third-party delivery companies......»»

Mark Lennihan/AP Images Third-party delivery platforms like Grubhub and Doordash claim to be helping restaurants through the pandemic, but restaurant owners say they're doing the opposite. Most delivery platforms charge restaurants a roughly 30% commiss.....»»

Reuters As the online food delivery market booms, delivery services are in an all-out war for users. I've been a customer of Seamle.....»»

Domino’s Pizza, Inc. (NYSE: DPZ) was in the delivery business before delivery was so cool, and it will withstand the current onslaught of new food delivery companies, analysts said as they kept bullish ratings intact.....»»

Domino’s Pizza, Inc. Latest Ratings for DPZ DateFirmActionFromTo Oct 2019MaintainsMarket Perform Oct 2019MaintainsOverweight Oct 2019DowngradesBuyHold View More Analyst Ratings for DPZ View the Latest Analyst Ratings read more.....»»

"We don't know how long that'll last, but as we look out over the next two to three years ... we've got a terrific business model," Domino's CEO Ritch Allison says......»»

Domino’s Pizza, Inc. (NYSE: DPZ) has received a new initiation of coverage. The Analyst Wedbush analyst Nick Setyan initiated coverage on the stock with an Outperform rating.....»»

Domino's Pizza, Inc. (NYSE: DPZ) reported disappointing second-quarter metrics, including a miss on same-store sales. The reason? read more.....»»

Amazon.com Inc said on Tuesday it would end its U.S. restaurant food delivery service on June 24, giving in to intense competition from GrubHub Inc, DoorDash, Uber Technologies' Uber Eats services......»»

Amazon.com Inc said on Tuesday it would end its restaurant food delivery service in the U.S. later this month, giving in to intense competition from GrubHub Inc, DoorDash, Uber Technologies' Uber Eats services......»»

Starbucks teams with Uber Eats to bring lattes, brews and sandwiches to you in 30 minutes or less in 6 additional cities, follow.....»»

Starbucks teams with Uber Eats to bring lattes, brews and sandwiches to you in 30 minutes or less in 6 additional cities, follow.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Uber's announcement it will expand its f.....»»

Domino's and several other restaurant chains easily capable of switching to a delivery model, made significant gains during .....»»

Robotics company is .....»»