wtrh - WTRH STOCK NEWS

Waitr Holdings Inc. (Nasdaq:WTRH) has announced a partnership with former New Orleans Saints quarterback Drew Brees, marking a return for Brees who was an original investor in the company in 2017. Waitr, a leader in on-demand food delivery based in Louisiana, aims to leverage Brees' local influence and business experience. He will enhance community ties and support restaurant partnerships through his involvement with various local establishments. This collaboration underscores Waitr's commitment to community engagement and support during challenging times, such as the pandemic and hurricane relief efforts.

Waitr Holdings Inc. (Nasdaq: WTRH) has partnered with Potbelly Corporation to offer food delivery from 46 Potbelly locations in Minneapolis and Texas via Waitr and Bite Squad apps. This collaboration enhances Waitr's market presence, following the addition of various national brands and delivery-only restaurants in 2021. The company aims to reach underserved markets, providing better service and community support. As of March 31, 2021, Waitr operates in over 800 U.S. cities, connecting diners with local and national food options.

Waitr Holdings Inc. (WTRH) reported first-quarter 2021 revenue of $50.9 million, a 15% increase from $44.2 million in Q1 2020. Pro forma revenue, including Delivery Dudes, was $53.4 million. The company recorded a net loss of $3.7 million, affected by $5.1 million in non-recurring items. Adjusted net income improved to $1.4 million, while adjusted EBITDA rose to $8.3 million, marking a 121% increase. Cash on hand as of March 31, 2021, was $67.9 million. Waitr's average daily orders grew 9% compared to Q4 2020, reflecting operational improvements despite adverse weather conditions.

Waitr Holdings Inc. (Nasdaq: WTRH) will release its Q1 2021 financial results on May 6, 2021, after market close. The company will host a conference call at 5:00 PM ET to discuss these results, which can be accessed via web and phone. Founded in 2013, Waitr provides an on-demand food ordering platform, connecting local restaurants and grocery stores to consumers in underserved markets across the U.S., operating in over 700 cities as of December 31, 2020.

Waitr Holdings Inc. (NASDAQ: WTRH) has partnered with Red Robin Gourmet Burgers (NASDAQ: RRGB) to enhance food delivery options for customers. This collaboration will allow delivery from over 50 Red Robin locations and new virtual brands via Waitr and Bite Squad. The partnership aligns with Waitr's strategy to expand its restaurant network and delivery reach in underserved markets. Red Robin aims to provide its gourmet offerings to a wider audience through this partnership, reinforcing both companies' commitment to customer satisfaction.

Waitr Holdings Inc. (Nasdaq: WTRH) partners with Flynn Restaurant Group, expanding its delivery services to include Applebee's in select markets, particularly Minneapolis. This collaboration adds to Waitr's recent efforts to enhance its roster of popular restaurants and broaden delivery in underserved areas. Flynn Restaurant Group, the largest restaurant franchisee in the U.S., operates multiple brands, including Applebee's. CEO Carl Grimstad expressed enthusiasm for the partnership, emphasizing their shared commitment to community outreach during challenging times.

Waitr Holdings Inc. (Nasdaq: WTRH) has announced a national delivery agreement with BJ’s Restaurants, Inc. (Nasdaq: BJRI) to offer its menu items and craft beers across the country. This partnership aims to enhance customer access to BJ’s popular brewhouse-inspired dishes. The agreement follows Waitr's recent integrations with major delivery management platforms. As of December 31, 2020, Waitr and its partner Bite Squad operate in over 700 cities, connecting diners with local restaurants and grocery stores.

Waitr Holdings Inc. (Nasdaq: WTRH) has announced the addition of Marco’s Pizza locations to its delivery platform, expanding its service to over 100 locations in 92 cities. This growth enhances Waitr's food delivery options and supports its restaurant partners and local communities. Since their partnership began in October 2020, Waitr has broadened its delivery capabilities, particularly in underserved markets. Waitr aims to provide an excellent delivery experience, aligning with Marco’s Pizza's commitment to quality service.

Waitr Holdings Inc. (Nasdaq: WTRH) has partnered with Jason’s Deli, adding the well-known family-run restaurant to its food delivery app. This agreement allows Waitr to offer delivery from over 80 Jason’s Deli locations in markets such as Lafayette, Baton Rouge, and Lake Charles in Louisiana, as well as Beaumont, Texas. CEO Carl Grimstad emphasized the partnership addresses customer demand for Jason’s Deli, which is noted for its diverse menu of sandwiches, soups, salads, and more. Both companies express excitement about the collaboration and potential future expansions.