Ocado hikes full-year guidance after summer rise in customers
WEB1 day ago · OCDDY. Ocado has upped its revenue guidance for the year into double-digit percentage growth after a sharp rise in customers over the summer months. The online retailer said revenue rose 15.5% year on year to £658 million for the quarter ending September 1, while average orders per week rose 14.7% to 437,000.
Ocado shares jump 14% after sales surge - MoneyWeek
WEB20 hours ago · By Chris Newlands. published 19 September 2024. in News. Ocado shares rose by as much as 14% on Thursday before falling back after the online retailer said third-quarter sales had jumped to more ...
Ocado ups guidance as customers return to M&S joint venture
WEB1 day ago · In the 13 weeks to 1 September, Ocado Retail, a joint venture between Ocado and Marks & Spencer, saw revenue rise over 15 per cent to £658m, up from £569m by the same point a year ago.
Ocado Retail Lifts Sales Guidance After Bumper Quarter
WEB1 day ago · September 19, 2024 at 3:26 AM EDT. Save. Ocado Group Plc’s online grocery business lifted its revenue guidance for the year after a strong third quarter for the retailer, a favorite of England ...
Ocado Retail lifts revenue guidance on customer growth - RTÉ
WEB1 day ago · UK online supermarket Ocado Retail lifted its revenue guidance for its 2023-2024 year after sales jumped 15.5% in its latest quarter, as a focus on value attracted more customers. Ocado Retail, a ...
UK's Ocado Retail lifts guidance on customer growth | Reuters
WEB1 day ago · British online supermarket Ocado Retail lifted its guidance for its 2023-2024 year after reporting a 15.5% increase in revenue in its latest quarter that reflected growth in customer numbers.
Ocado Retail Lifts Sales Guidance on Improved Volumes
WEB1 day ago · Ocado Retail OCDO -0.94%, the joint venture between Ocado and Marks & Spencer Group MKS -0.78%, lifted its revenue guidance for fiscal 2024 after a sharp increase in third-quarter sales, supported ...
Ocado warns M&S of legal action over food deal - BBC News
WEBFeb 29, 2024 · Ocado has warned it may take legal action against M&S if the retailer does not hand over a final payment for their online food joint venture.
Ocado shares surge after profit forecast upgrade - Financial Times
WEBJul 16, 2024 · UK online grocer Ocado has raised profit forecasts for its key technology division, sending shares in the group up by almost a fifth. The company said on Tuesday that its technology business ...
Newsroom - Ocado Group
WEBFind out the latest news and updates from Ocado Group, the online grocery retailer and technology company. Learn about its partnerships, innovations, acquisitions, appointments and more.