Ocado holds guidance as Q3 retail sales rise 7.2%
19th Sep 2023 07:03
(Sharecast News) - Online grocer and technology company Ocado maintained annual guidance after a 7.2% rise in third-quarter retail revenues.
Read moreLuke Jensen stepping down from Ocado Solutions
27th Jul 2023 08:15
(Sharecast News) - Technology-driven online grocer Ocado Group announced the upcoming retirement of Luke Jensen, the current executive director and CEO of Ocado Solutions, on Thursday.
Read moreOcado to receive £200m from AutoStore in patent dispute settlement
24th Jul 2023 07:33
(Sharecast News) - UK online supermarket Ocado has won a £200m settlement from Norwegian company AutoStore after a three-year legal battle over 'robot' patents.
Read moreShoreCap 'palpably cautious' when it comes to Ocado
18th Jul 2023 11:38
(Sharecast News) - Analysts at Berenberg continued to express "palpable caution" towards Ocado shares, telling clients that there was precious little to work with when it caming to valuing the business.
Read moreOcado holds guidance after swinging to profit in H1
18th Jul 2023 07:03
(Sharecast News) - UK online supermarket Ocado held annual guidance after swinging to a core profit in its first half and said its retail earnings would be "marginally positive" for the full year.
Read moreOcado surges on Amazon bid speculation
22nd Jun 2023 08:57
(Sharecast News) - Ocado surged on Thursday amid speculation it could be a takeover target for Amazon.
Read moreJPMorgan cuts Ocado price target, puts shares on 'negative catalyst watch'
20th Jun 2023 09:55
(Sharecast News) - Online supermarket Ocado was under the cosh on Tuesday after JPMorgan Cazenove cut its price target on the shares to 400p from 450p and placed the stock on 'negative catalyst watch' into first-half results.
Read moreBroker tips: Ocado, Abcam
20th Jun 2023 08:22
(Sharecast News) - Online supermarket Ocado was under the cosh on Tuesday after JPMorgan Cazenove cut its price target on the shares to 400p from 450p and placed the stock on 'negative catalyst watch' into first-half results.
Read moreUK grocery inflation nudges lower to 17.2%
23rd May 2023 09:14
(Sharecast News) - Food inflation continued to edge lower, industry data showed on Tuesday, although it remains close to record highs.
Read moreDeutsche Bank starts Ocado at 'hold', says risk/reward balanced
27th Apr 2023 08:44
(Sharecast News) - Deutsche Bank initiated coverage of Ocado on Thursday with a 'hold' rating and 550p price target as it said the risk/reward is currently balanced.
Read moreUK grocery inflation eases but remains at record level
25th Apr 2023 10:19
(Sharecast News) - Grocery inflation eased marginally in April, industry data showed on Tuesday, but remained close to record highs.
Read moreOcado to close Hatfield warehouse; 2,300 jobs at risk
25th Apr 2023 09:45
(Sharecast News) - Online supermarket Ocado said on Tuesday that Ocado Retail - its joint venture with Marks & Spencer - is planning to end operations at the Hatfield Customer Fulfilment Centre, putting more than 2,000 jobs at risk.
Read moreOcado wins UK patent infringement suit brought by AutoStore
30th Mar 2023 17:14
(Sharecast News) - Online supermarket and technology company Ocado said on Thursday that it had "comprehensively won" a patent infringement suit brought by Norwegian warehouse robotics group AutoStore at the UK High Court.
Read moreFood inflation soars to record 17.5% - Kantar
28th Mar 2023 09:27
(Sharecast News) - Grocery inflation has rocketed to 17.5%, industry research showed on Tuesday, adding more than £800 a year to average household food bills.
Read moreOcado Retail sees revenues rise despite 'challenging' backdrop
28th Mar 2023 07:01
(Sharecast News) - Ocado Retail reported a rise in first-quarter revenues on Tuesday despite a fall in basket sizes, and said it remained on track to return to sales growth and profitability.
Read more