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Feb 16, 2026
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LONG
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Talabat reported $451M in adjusted profit (+15% YoY) and plans to pay out 90% of net earnings as dividends. They are investing $100M into grocery/dark stores. The company is balancing high growth (investing in grocery) with high shareholder returns (90% payout ratio). Dominant market share in the Gulf allows them to maintain pricing power despite competition. LONG Talabat (or parent Delivery Hero if Talabat unavailable) for yield and regional growth. Intense competition from new entrants (M1, Chinese players) eroding margins. |
Bloomberg Markets
AI 'Scare Trade' Takes Hold; Talabat FY Earni...
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