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Tag: ocado
Ocado shares under pressure as hopes of international deal waver
2015-12-10 20:36:11| Grocery - Topix.net
Online supermarket Ocado saw its shares come under pressure as it revealed a slowdown in trading and dashed hopes once more of a long-awaited international deal. The group shrugged off a "challenging and competitive" market to deliver a 13 per cent rise in fourth quarter gross retail sales to A 351.8 million - its 13th quarter of double-digit growth - but this was lower than expectations and below the 15.3 per cent hike seen in the previous three months.
Tags: international
deal
pressure
shares
Ocado just had its 13th quarter of double-digit sales growth
2015-12-10 10:11:46| Grocery - Topix.net
Ocado celebrated its 13th consecutive quarter of double-digit sales growth on Thursday, announcing a 15% rise in sales in the fourth quarter to A 381.6 million . Across the year, sales rose by 17.3% to A 1.2 billion , the online grocer says in a brief trading update .
Tags: sales
growth
quarter
13th
Ocado sales rise; retail environment challenging
2015-12-10 09:11:38| Grocery - Topix.net
Online supermarket Ocado Group PLC on Thursday reported double-digit sales growth in what it called a challenging and competitive grocery retail environment. Gross sales for the 16 weeks to Nov. 29 were up by 15% to 381.6 million pounds , while gross retail sales rose 13% to GBP351.8 million.
Tags: sales
environment
retail
rise
Ocado Group PLC (OCDO) Rating Reiterated by BNP Paribas
2015-12-07 10:49:36| Grocery - Topix.net
's stock had its "neutral" rating reiterated by research analysts at BNP Paribas in a report released on Monday, MarketBeat Ratings reports. They currently have a GBX 325 price target on the stock.
Barclays Reiterates Equal weight Rating for Ocado Group PLC
2015-12-05 07:45:02| Grocery - Topix.net
's stock had its "equal weight" rating reissued by stock analysts at Barclays in a report released on Friday, ARN reports. They currently have a GBX 420 price target on the stock.
Tags: group
rating
weight
equal
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