Thu, 17th Mar 2022 07:14
LONDON, March 17 (Reuters) - British online supermarket Ocado Retail on Thursday reported a 5.7% year-on-year fall in revenue in its latest quarter, which it said partly reflected a softening of the overall market.
The business, a 50:50 joint venture between Ocado Group and Marks & Spencer, said smaller basket sizes offset an increase in the number of customer transactions in its fiscal first quarter to Feb. 27. (Reporting by James Davey; Editing by Kate Holton)
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday:
StanChart jumps after posting a 5.5% rise in pretax profit *
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(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Ocado (OCDO)
Marks & Spencer (MKS)