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Ocado Retail Lifts Sales Guidance
Ocado Retail Lifts Sales Guidance After Bumper Quarter
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’s middle classes.
Ocado Retail Lifts Sales Guidance on Improved Volumes
Ocado lifted its revenue guidance for fiscal 2024 and confirmed its earnings target, after its retail joint venture with Marks & Spencer posted a sharp increase in third-quarter sales, supported by improved volumes.
UK's Ocado Retail lifts revenue guidance on customer growth
LONDON (Reuters) -British 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 lifts full-year guidance as Q3 revenues jump
Online grocer and logistics group Ocado has upgraded its revenue guidance following a strong third-quarter performance which saw retail revenues jump as both customer numbers and the number of orders rose.
Ocado ups guidance as customers return to M&S joint venture and sales surge
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.
3h
Ocado Group falls Friday, underperforms market
Ocado Group PLC OCDO shares dropped 4.37% to £3.44 Friday, on what proved to be an all-around poor trading session for the ...
13h
Ocado Group (OCDGF) Gets a Sell from Barclays
Barclays analyst Sarah Roberts maintained a Sell rating on Ocado Group (OCDGF – Research Report) today and set a price target of £3.55.
MoneyWeek
1d
Ocado shares jump 14% after sales surge
Ocado shares rose by as much as 14% on Thursday before falling back after the online retailer said third-quarter sales had ...
GlobalData on MSN
1d
Ocado Retail records 15.5% revenue growth in Q3 FY24
Ocado Retail, a collaboration between Ocado Group and Marks & Spencer, has announced a 15.5% revenue increase to £658m in the ...
1d
Sell Rating for Ocado Group: Strong Revenue Growth Overshadowed by Profitability and Valuation Concerns
Analyst Luke Holbrook from Morgan Stanley maintained a Sell rating on Ocado Group (OCDGF – Research Report) and keeping the price target ...
Yahoo Finance
1d
Ocado shares jump after firm hikes sales outlook on M&S joint venture
Ocado
shares jumped more than 10 per cent in early deals this morning after the company hiked its sales guidance. The ...
2d
on MSN
Ocado Group falls Wednesday, underperforms market
Shares of Ocado Group PLC OCDO inched down 0.94% to £3.50 Wednesday, on what proved to be an all-around poor trading session ...
Reuters
1d
UK's Ocado Retail lifts guidance on customer growth
LONDON, Sept 19 (Reuters) - British online supermarket
Ocado
Retail lifted its guidance for its 2023-2024 year after ...
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