Deliveroo cuts sales outlook as takeaway demand slumps amid cost crunch

By Greg Wright
Published 18th Jul 2022, 08:32 BST
Deliveroo has slashed its annual sales outlook after revealing waning demand for takeaways as the cost-of-living crisis starts to bite.

The takeaway delivery group said growth in group sales by gross transaction value (GTV) pared back sharply to 2% on a constant currency basis in the second quarter, down from 12% in the previous three months.

It said the group believes this “reflects the impact of increased consumer headwinds”.

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