Expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Forward-looking statements in this communication may include, but are not limited to, the outlook for DoorDash’s and Wolt’s results of operations for the three months ending June 30, 2022.
In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these words or other similar terms or expressions that concern the Acquisition and DoorDash’s expectations, strategy, plans, or intentions regarding it. Forward-looking statements generally relate to future events, including information related to the Acquisition.
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. The increase to DoorDash’s stand-alone outlook for Marketplace GOV for the three months ending Jis primarily due to stronger than expected order frequency and average order values.
#Dash stock target price update
In connection with the closing of the Acquisition, DoorDash is providing an update to its outlook for the three months ending J(as disclosed in Exhibit 99.1 furnished with its Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on May 5, 2022) to include DoorDash’s expectations for Marketplace GOV and Adjusted EBITDA (i) updated with respect to DoorDash on a stand-alone basis for the three months ending June 30, 2022, (ii) for Wolt on a stand-alone basis for the three months ending June 30, 2022, and (iii) for DoorDash and Wolt combined for the three months ending June 30, 2022, which includes DoorDash’s financial results for the three months ending Jand Wolt’s financial results for the period beginning at the closing of the Acquisition on and ending June 30, 2022.
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