Afraid to go outside of your housing tenements? That Taco John’s or Kansas Fried Turkey is looking real good, from your window view. If only you could get the food without having to risk going outside and possibly get robbed or shot.
Hey, we live in a very high tech world these days. It’s not like how we grew up in the 90s, playing games with numbers on our beepers. I read a report last week that stated restaurant stocks are weak (Extra Hillary) because people are afraid of the anarchy. The analyst said to buy PZZA. I like that play, and also DPZ. But it’s not the reason why I wrote this damned article.
Order via your phones, jackasses. GRUB specializes in placating the coward and the sloth. They just crushed the quarter.
Reports Q2 (Jun) earnings of $0.23 per share, $0.04 better than the Capital IQ Consensus of $0.19; revenues rose 36.6% year/year to $120.2 mln vs the $114.25 mln Capital IQ Consensus. EBITDA $37.6 mln vs. $30-32 mln guidance.
Active Diners were 7.35 million, a 24% year-over-year increase from 5.93 million Active Diners in the second quarter of 2015. Daily Average Grubs were 271,100, a 23% year-over-year increase from 220,100 Daily Average Grubs in the second quarter of 2015.
Gross Food Sales were $733 million, a 29% year-over-year increase from $568 million in the second quarter of 2015.
Co issues upside guidance for Q3, sees Q3 revs of $116-119 mln vs. $113.82 mln Capital IQ Consensus; EBITDA $30-32 mln.
Co issues upside guidance for FY16, raises FY16 revs to $480-488 mln from $465-480 mln vs. $473.30 mln Capital IQ Consensus; raises EBITDA to $136-142 mln from $125-133 mln.
The other obvious play is YELP. It’s one of my go to apps. As a food and a very brave man, I enjoy the many luxuries that YELP affords me. They also have an order in feature, which of course caters to the dystopian world we’re delving into.
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Sir Fly since we are somewhat on the topic of defense and security here with GRUB, how do you feel about KTOS? Any thoughts? I took small position at the beginning of the year and still have it. Thanks.
I don’t know it. I’ll take a look later on.
Thanks. I cited this research write up earlier this year along with my elementary level technical analysis to warrant the stock purchase. Perhaps should have sold in April:
Kratos Defense & Securities Solutions, Inc.
The national security solutions provider is coming off a red hot March high-
lighted by numerous new contract awards. On March 4th, its
Defense & Rocket Support Services Division (DRSS) received
a $21.4 million technical and engineering support contract
with SSC Pacific. On March 8th, its RT Logic subsidiary was
granted a new task order valued at $11.2 million to support
U.S. government satellite communications. On March 9th,
its Modular Systems Division (MSD) received $3.5 million
in specialty product orders to support the U.S. warfighter. On
March 11th, DRSS won a $5.5 million contract by the U.S. Na-
val Warfare Center. On March 15th, MSD was awarded $10.5
million in missile defense, radar system, and specialty product
orders. To close it out, on March 28th, Kratos announced that
DRSS was a key member of the Trabus Technologies team that
received a $7.4 million contract to support SSC Pacific. With
all the positive news coming out of the Kratos camp, shares of
KTOS surged roughly 40% in price in March.
What happens when delivery guys begin getting the food stolen at gunpoint? Or getting shot themselves?
Maybe buy some stock in Swanson’s Frozen TV Dinners…
Those guys get replaced.
Like a Pokemon Go lure onto the other side of the tracks, eventually at some point you’ll end up at gunpoint