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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.
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 third quarter (Q3) of fiscal 2024 (FY24), up from £569.6m in Q3 FY23.
2d
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 ...
MoneyWeek
3d
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 ...
3d
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.
London South East
2h
Ocado Share Chat (OCDO)
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as ...
4d
Will my big bet on Ocado shares pay off as they jump 11% on today’s results?
Harvey Jones is a low-risk investor who decided to take a big chance on high-risk Ocado shares. After a bumpy start, he's got ...
3d
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 ...
Reuters
4d
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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