DoorDash, Inc. (DASH) Q2 2023 Earnings Call Transcript

DoorDash, Inc. (NYSE:DASH) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET

Company Participants

Andy Hargreaves – Vice President, Finance and Investor Relations

Tony Xu – Co-Founder, Chair and CEO

Ravi Inukonda – Chief Financial Officer

Conference Call Participants

Deepak Mathivanan – Wolfe Research

Mark Mahaney – Evercore ISI

Nikhil Devnani – Bernstein

Ron Josey – Citi

Lloyd Walmsley – UBS

Douglas Anmuth – J.P. Morgan Securities Inc.

Brian Nowak – Morgan Stanley

Eric Sheridan – Goldman Sachs

Ross Sandler – Barclays

Michael McGovern – Bank of America

Youssef Squali – Truist Securities


Good afternoon, and welcome to the DoorDash Second quarter 2023 Earnings Call. My name is Briana and I will be your conference operator today. Please note that this call is being recorded. [Operator Instructions]

I will now turn the call over to Andy Hargreaves. You may begin your conference.

Andy Hargreaves

Thanks, Briana. Good afternoon, everyone, and thanks for joining us for our second quarter 2023 earnings call. I am very pleased to be joined today by Co-Founder, Chair and CEO, Tony Xu; and CFO, Ravi Inukonda.

We will be making forward-looking statements during today’s call being our expectations for our business, financial position, operating performance, market, guidance, strategies, our investment approach, alignment with merchants and Dashers, and the consumer spending environment.

Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those described. Many of these uncertainties are described in our SEC filings, including our Form 10-Ks and 10-Qs. You should not rely on our forward-looking statements as predictions of future events. We disclaim any obligation to update any forward-looking statements, except as required by law.

During this call, we will discuss certain non-GAAP financial measures. Information regarding our non-GAAP financial measures, including a reconciliation of such non-GAAP measures

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