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Share Price Information for Ocado (OCDO)

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Share Price: 373.60
Bid: 376.40
Ask: 377.40
Change: -9.90 (-2.58%)
Spread: 1.00 (0.266%)
Open: 381.60
High: 381.60
Low: 359.20
Prev. Close: 383.50
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UPDATE 1-UK grocery sales growth driven by online and convenience in lockdown

Tue, 23rd Jun 2020 08:46

(Adds detail)

LONDON, June 23 (Reuters) - Growth in grocery sales in
Britain accelerated to 18.9% in the four weeks to June 14,
driven by the popularity of online and convenience stores during
the coronavirus lockdown, industry data showed on Tuesday.

Market researcher Kantar said online sales rose 91%
year-on-year over the four weeks, with nearly one in five
British households buying over the internet.

It said convenience stores, be they independent retailers or
the smaller formats of major supermarket groups, such as Tesco
Express or Sainsbury's Local, accounted for
14.7% of all sales in the past four weeks.

Kantar said online grocer Ocado and the
Co-operative Group, which has a network of local
stores, were the stand out performers over the 12 weeks to June
14 with year-on-year sales growth of 42.2% and 34.5%
respectively.

Of Britain's big four grocers, market leader Tesco was the
strongest performer with growth of 12.1%, followed by No. 4
Morrisons on 10.5% and No. 2 Sainsbury's on
10.2%. Walmart owned Asda was the laggard with growth of
6.3%.

As was the case in May's data, German owned discounter Aldi
lost market share. It fell to 7.5% from 7.9% this time last
year.
(Reporting by James Davey, Editing by Paul Sandle)

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18 Jul 2023 11:38

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18 Jul 2023 10:33

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18 Jul 2023 09:34

Ocado hits five-month high after return to profit, keeping guidance

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18 Jul 2023 09:09

TOP NEWS: UK grocery price inflation ebbs at fastest pace since peak

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18 Jul 2023 08:47

Ocado not pursuing takeover offers, says boss

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18 Jul 2023 08:46

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18 Jul 2023 08:45

LONDON MARKET OPEN: Ocado, Darktrace outperform amid muted trade

(Alliance News) - Stock prices in London opened in the green on Tuesday, boosted by some well-received company updates.

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(Alliance News) - Stock prices in London opened in the green on Tuesday, boosted by some well-received company updates.

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18 Jul 2023 08:31

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18 Jul 2023 08:19

Ocado CEO declines to comment on Amazon speculation

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LONDON BRIEFING: Ocado backs annual guidance as interim loss widens

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18 Jul 2023 07:06

Ocado keeps guidance after return to first half underlying profit

LONDON, July 18 (Reuters) - Ocado the British online supermarket and technology group, whose shares surged last month after a report of possible takeover interest from Amazon, kept its financial guidance for the year as it reported a return to underlying profit in its first half. (Reporting by James Davey; Editing by Kate Holton)

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Ocado holds guidance after swinging to profit in H1

(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.

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17 Jul 2023 00:01

UK consumer group calls for government action on grocery prices

Competition watchdog to publish report on grocery prices

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