Thank you, both, and congrats on the quarter. I'll take that. Five analysts have provided estimates for DoorDash's earnings, with the lowest sales estimate coming in at $1.03 billion and the highest estimate coming in at $1.17 billion. And Mike, just to be clear, the DOL has made clear that they aren't taking immediate action and instead want to engage with us. [Operator instructions] Your first question comes from the line of Ross Sandler from Barclays. Found insideDrawing on evidence from ancient literary sources, extensive archaeological excavations and historical records, Amelia Brown here surveys this period of urban transformation, from the old Agora and temples to new churches and fortifications ... It's the latter thing you mentioned, which is what we actually find is that these categories are symbiotic with one another. Making the world smarter, happier, and richer. The question is, is more like as you look at the data, are you seeing new customers that came in, in 2020? And then with respect to the merchant, on the platform piece, where we're not only their largest source of incremental demand through our app, but the fact that we also power their own channels, power their deliveries, that gives us greater order density, which drives lower fulfillment costs, but it also allows us to take up greater kitchen capacity as we're powering the majority of the space that is being used up to produce the food in the first instance. Dec 9 > Hivelr is an open platform and crowd-sourced content service for financial markets, business journals, economic review, and investment analysis. Stock Advisor will renew at the then current list price. So if you take a look at where we are investing, it's largely driven by new categories and to build our international business. 72% of retail CFD accounts lose money. So in general, in Q3, you see the pace of consumer acquisition slows a little bit, and you have lower order rates simply because consumers are going out during the summer because the weather improves. Thanks. Great. And the slight margin accretion that you see is because of the sequential increase in take rates that we're expecting in Q2 because the supply state is normalized. Returns as of 09/20/2021. Got it. One for Tony and one follow-up for Prabir. Your line is open. Found inside – Page 1In Data for the People, Andreas Weigend draws on his years as a consultant for commerce, education, healthcare, travel and finance companies to outline how Big Data can work better for all of us. Via your Merchant Portal's Financials Tab. One system is our app, which is trying to grow all of local commerce and bring everything inside your neighborhood to you in minutes, not hours or days. Does that make sense? And so we're seeing the value proposition of DashPass translate into sign-ups that have then allowed us to grow the DashPass membership base to be two times what it was a year ago. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Two, if I can. I have two. And what -- and that's true at the federal level, that's true at the state level and any elected official that we speak with. And we think that this strategy is certainly playing out not just in our core and original category of restaurants but now also heading into other categories. Good afternoon, everyone, and welcome to Visa's fiscal first quarter 2021 earnings call. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Nice quarter. Found insideAll too often these individuals are remembered for just one part of their valuable achievements. In this engaging, erudite account, renowned cultural historian Peter Burke argues for a more rounded view. How are you seeing kind of merchants react to the new packages? [Operator instructions] At this time, I would like to turn the … I mean, if someone was -- wanted to go and eat inside of a restaurant, for example, they're probably not thinking about delivery. But to be clear, we have continued to gain share, including in the second quarter. Casey’s General Stores, Inc. (NASDAQ: CASY) Q1 2022 earnings call dated Sep. 08, 2021Corporate Participants: Brian Johnson — Senior Vice President of Investor Relations and Business Development. DoorDash is a technology company that connects customers with their favorite local and national businesses in more than 4,000 cities and all 50 states across the United States, Canada, and Australia. And Youssef, if I could just add to that. Great. Yes, I'll start. Delta Air Lines Announces Webcast of June Quarter 2021 Financial Results. But if you look at it on a cohort level, it's there, both for you new and existing cohorts. Thanks. Yes. Quality has improved, our affordability has gone better, and all these things continue to act in support of continued stickiness as far as consumers go. Next is Jason Helfstein from Oppenheimer and Co. Second, they're very harmful in the sense that they are hurting the audience that they're trying to help, which are these restaurants, because commission caps, what they do is, they'll ultimately result in increased prices for consumers, lowered sales for these restaurants and reduced work opportunities for Dashers. What I will say is we're fortunate in that our core U.S. business is cash generative, and we're taking that cash and we're investing it to grow some of these new verticals, whether it's convenience or grocery or expand into new merchant services, like Storefront, as well as expand internationally. Thank you. At this time … At least 22 people taken to hospital after Boston transit trains collide. Thank you very much, Chris. And then, you also mentioned gaining more DashPass subscribers. Good day, and thank you for standing by. Welcome to the Ally Financial Second Quarter 2021 Earnings Conference Call. So the 7% of orders for nonrestaurant, can you just talk about the unit economics of that business and your go to market? Do most of these orders come from restaurant orders to begin with as an add-on? Real-time quotes, advanced visualizations, backtesting, and much more. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, ladies and gentlemen. In Disposable City, Miami resident Mario Alejandro Ariza shows us not only what climate change looks like on the ground today, but also what Miami will look like 100 years from now, and how that future has been shaped by the city's racist ... And so for us, it's not coming from one type of use case or one type of occasion. Deepak Mathivanan -- Wolfe Research -- Analyst. I don't even think it's been two months, so it's too early to draw any conclusions. 72% of … 6 hours Old Mutual Limited (ODMUF) CEO Iain Williamson on Q2 2021 Results – Earnings Call Transcript Seeking Alpha 7 hours Voxtur Analytics Corp. (VXTRF) CEO Jim Albertelli on Q2 2021 Results – Earnings Call Transcript Seeking Alpha 7 hours Support.com’s Upcoming Merger Decision Will Make or Break Its Stock InvestorPlace 7 hours Lizhi Inc. 2021 Q2 – Results – … We both have to -- we both aspire to build the best-in-class category-specific solution, as well as the best-in-class experience across categories. Sure. On May 13, 2021, Oscar reported earnings for the first time since the IPO. Yes. And with respect to the second question around the reopening as a possible tailwind, I guess, no one has the crystal ball in terms of how this shape of recovery occurs and to, I think, some of the earlier discussion, how the slope of change happens. General Mills, Inc. (GIS) Management Presents at Barclays Global Consumer Staples Conference (Transcript) 5: Seeking Alpha: 08.09. Deliver With DoorDash! Sure. So the true sales, from a merchant perspective, is very different than what's implied by the GOV growth. Found insideTouching, contemplative, and always surprising, these stories introduce an array of imperfect characters—awkward, self-defeating, elf-involved, or just plain odd. Just specifically, as you think about increasing the penetration of new categories, and they're increasing the MAUs for new categories, just how you see both DashPass and new categories are working together. Airbnb, DoorDash and Coinbase are set to report quarterly results after the market close on Thursday. Share. Image source: The Motley Fool. And then on the other side, we are trying to empower you, the merchant, to replicate and grow on top of your four-wall business and compete in today's digital economy. And then secondarily, I guess, looking into the recovery, are you seeing any restaurants consolidate the platforms that they utilize? DoorDash, Inc. (NYSE:DASH) Q22021 Earnings Call Aug 12, 2021, 5:00 p.m. Home/Business/ DoorDash, Inc. (DASH) Q2 2021 Earnings Call Transcript. And so given the size of this TAM opportunity for Dashers, we do believe those advertising rates will normalize over the long term. With all the new partnerships you've announced, can you talk about what's your preferred strategy to attack these categories? And I think that as that continues to happen, as the reopenings occur, more and more folks will see delivery as an augmented way to help grow the physical businesses and to be one part of the portfolio of how they do business moving forward. And another aspect of the strategy is to continue adding verticals into DashPass. Chris, we'll go straight into questions today. But I thought I would take a second to give you a bit of the guiding principles or the design principles behind why we shift to what we announced a couple of weeks ago. With respect to these commission caps, we are actually largely seeing city officials and allow capitalism to take its course as most of these commission caps are actually being lifted, especially as more and more of the country is reopening and getting back into the sense of normalcy. Your next question comes from the line of Spencer Tan from Evercore ISI. International Business Machines Corporation (NYSE:IBM) Evercore ISI Inaugural TMT Conference Call June 7, 2021 3:30 PM ET. Ladies and gentlemen, thank you for standing by, and welcome to the Caesars Entertainment Incorporated 2021 Second Quarter Earnings Conference Call. Nutanix, inc … Like Instacart, I think, is mostly getting its profit pull from ads. Dasher Chat Dasher FAQs Account management, sign-up questions, and using the Dasher app. Thank you so much. And so that you should expect from future products to come. Earnings call transcript. [Operator Instructions]. Business DoorDash, Inc. (DASH) Q2 2021 Earnings Call Transcript. And in terms of the financial impact or the impact on the business, all of that is reflected in our guidance. Share. 22, 2021 at 11:30 a.m. 1 in Chicago. In this groundbreaking book, she shows how we can leverage the power of games to fix what is wrong with the real world-from social problems like depression and obesity to global issues like poverty and climate change-and introduces us to ... What's driving that is the commentary we made even at the -- in our earlier earnings call. So it's a little early to signal whether rideshare drivers will be grouped together with the broader gig economy or kept separate. Thank you. Steven Fox -- Fox Advisors LLC -- Analyst. Viavi Solutions Inc (NASDAQ:VIAV) Q4 2021 Earnings Call Aug 13, 2021, 8:30 p.m. And in the letter, you talked about a 40% pay increase, 13%, I think, decrease for cost to consumers over a two-year period. ... Earnings call transcript. I would like to remind everyone that we'll be making forward-looking statements during this call, including statements regarding our expectations of our business, future financial results and guidance and strategy. And so what this allows us to do is to drop that profitability to the bottom line in the event that there aren't right investment opportunities. If you drive in a smaller market, this can be a big deal – you do not want to log off, especially if approaching the border of a delivery area, or at non-peak hours. Your line is open, sir. Thanks, guys, I had two questions. That's right -- they think these 10 stocks are even better buys. Is there a tendency to move up or down versus cohorts of somebody who started at a certain percentage and then, started moving up to 25% to 35%? That's very helpful. We’re motley! I would now like to turn the conference over to your host, Mr. Andy Hargreaves. And then, second, a follow-up from an earlier question. And so we're very encouraged, I think, by what we're seeing, which is elected officials allowing capitalism to do its job and allow everyone to really make things work for all audiences. Ligand Pharmaceuticals Incorporated (NASDAQ:LGND)Q2 2021 Earnings CallJul 29, 2021, 4:30 p.m. Return to Transcripts main page. Viavi Solutions Inc (VIAV) Q4 2021 Earnings Call Transcript. And then, Prabir, can you talk about the second half guidance on GOV? Some stories are several pages long; some run about a page; a handful are only a few lines long: all are marvels. Even the most fragmentary texts are revelations. We're currently in one market, which is largely -- which is Sendai. Tony or Prabir, in light of some speculation on M&A that's come up somewhat recently, I wanted to see if we could revisit how you guys are thinking about both new market entry and also specifically weighing up sort of build versus buy options for doing that. And just any views on what could happen long term on the federal side. So far, the quarter is off to a great start. In this April 21, 2021 file photo, a delivery man bikes with a food bag from Grubhub in New York. And so as we look to the future, we're optimistic about the balance of the year, which led to an increase of guidance by about 15% to $35 billion to $38 billion of GOV. Microsoft and partners may be compensated if you purchase something through recommended links in this article. So I just want to take a moment to reflect on that milestone and thank all of our audiences, the team at DoorDash and all of our shareholders in what is a great achievement. DoorDash contributed $52.1 million to support Prop 22’s passage. Call Customer Support855-973-1040 Customer Chat Customer FAQs Getting started, your DoorDash orders, and payments. 1 thing we hear over and again from Dashers is that they want this flexibility that has never existed in any labor environment before. The Dow Chemical Company (DOW) Q2 2021 Earnings Call Transcript Jul. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by and welcome to the Loews Corporation Second Quarter 2021 Earnings Conference Call. So could you talk about just like the possibility that rideshare drivers and food delivery couriers are regulated separately with different rules? Founded in 2013 and headquartered in San Francisco, DoorDash is an online food order demand aggregator. })(window,document,'script','//www.google-analytics.com/analytics.js','ga'); Stocks. MIAMI, FL, Sept. 17, 2021 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (“EzFill” or the “Company”), (NASDAQ: EZFL) an emerging leader in the fast-growing on-demand mobile fuel industry, today announced the closing of its initial public offering of 7,187,500 shares of common stock at a public offering price of $4.00 per share, including 937,500 shares sold upon full … 2. 20 hours $20k covered call plays Reddit 20 hours Amazon partners with Affirm to roll out first buy now, pay later option on the e-commerce site Reddit 21 hours Here is a Market Recap for today Friday, August 27, 2021 Reddit 21 hours Support.com… and "Short squeezes" Reddit ZACK GUZMAN: Welcome back to "Yahoo Finance Live." DASH earnings call … Your line is now open. DoorDash, Inc. (NYSE:DASH)Q2 2021 Earnings CallAug 12, 2021, 5:00 p.m. A high-level overview of FedEx Corporation (FDX) stock. If there’s one big takeaway to glean from Wendy’s first-quarter 2019 earnings call, which took place on Wednesday, it’s that the quick-service burger chain is ramping up its tech game in a big way.. Not that the Dublin, OH-based company was slacking. Delta Air Lines Is Approaching Key Support Level on Earnings Selloff. Andy Hargreaves -- Vice President, Finance and Investor Relations. Conversely, if they're thinking about takeout or delivery, they probably are never going to go inside the restaurant in the first instance. 30 Stocks Moving in Friday's Pre-Market Session. This helped me in getting a car to show proof. SEANA SMITH: We also just have DoorDash. With respect to some of the new categories, we're very excited about our progress. And so the 40% year-over-year increase in Dasher earnings per active hour is consistent with our general philosophy. Start Trading >>. [Operator instructions] As a reminder, this conference call is being recorded. Is this a situation where you could see a scenario where half of your business is coming from these new initiatives, say, over the next, I don't know, three to five years? So in this case, the Dasher, the millions of drivers on our platform. [Operator Instructions] Please be advised that today's conference is being recorded. Got it. DoorDash last released its quarterly earnings data on August 12th, 2021. And only nine months later, we were able to see our second billionth order. And so by having more use cases, whether it be in delivery, pickup, the office business, we're serving a bigger addressable market and I suppose, share of stomach in that regard. And then, if you could also talk about how you're thinking about Europe as well. Thanks, May. Hi. Get paid what you're worth, build secure relationships, and make your money last with this valuable guide from a Today show financial editor and bestselling author. What are you most excited about, thus far? Just two questions from the letter I was curious if you could expand on. If you take a step back, we took quite a lot of actions during the pandemic to make sure that these businesses would be successful. And finally, because of the arbitrary nature of these commission caps, they're violently unconstitutional. I mean, if you think about fundamentally what we are trying to do, regardless of the model in which we operate, we're trying to take the physical world, the physical businesses and all of the activities that they're doing and being able to give those merchant partners a digital way or, frankly, a new way to build their own digital businesses. Hi. Just to remind you, in Q1, we had said that less than 10% of our MAUs actually use other categories. These non-GAAP measures should be considered in addition to our GAAP results and are not intended to be a substitute for our GAAP results. Dont Expect a Blowout. Ross Sandler — Barclays Investment Bank — Analyst. I would … DASH earnings call for the period ending December 31, 2020. 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