DoorDash Unfazed by Economic Reopening: Revenue Surges Higher
DoorDash (NYSE: DASH) reported fourth-quarter and fiscal 2021 financial results after the markets closed on Feb. 16. The food delivery provider pleasantly surprised shareholders with another quarter of solid top-line growth.
The company thrived at the pandemic onset when restaurants were forced to close their dining areas -- for many, the only way to keep making sales was through delivery or pickup. As restrictions on restaurants eased, there were concerns that engagement on DoorDash would fall. That has not been the case.
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Source Fool.com
