Just Eat Takeaway Falls as Demand Remains Weak in the US
- GTV growth forecast excluded its North America business
- Adjusted earnings forecast for 2024 beat analysts’ estimates
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Just Eat Takeaway.com NV’s better-than-expected adjusted earnings forecast for the year failed to impress as demand remained weak in the US.
The food delivery giant targeted gross transaction value growth at constant currency rates in the range of 2% to 6% in 2024, according to a statement Wednesday, but the forecast excluded its business in North America, where the value of orders dropped 14% in 2023.