Ocado, the British online supermarket and technology group, is extending the maturity of its debt by raising 600 million pounds ($771 million) in bonds due for 2029 repayment to finance a tender offer
Ocado Group PLC (LSE:OCDO) boss Tim Steiner has confirmed plans to retain the company's stake in its online joint venture with Marks and Spencer (M&S). It comes as the Ocado Retail partnership approac
Ocado Group PLC (LSE:OCDO) has sold new robot technology to US grocery chain Kroger as part of their ongoing partnership, meaning fewer human workers will need to be used in its online grocery wareho
British online supermarket and technology group Ocado said on Monday its U.S. partner Kroger had placed an order for a wide range of new automated technologies to roll out in warehouses across its net
Ocado Group PLC (LSE:OCDO) (Ocado Group PLC (LSE:OCDO)) was reiterated as a 'buy' by Deutsche Bank after its full-year results yesterday Group revenue at the tech and delivery group of £1.54bn was ah
It's faint praise from broker Shore Capital Markets, but Ocado Group PLC (LSE:OCDO) is showing “fewer poor metrics” in recent financial updates. The warehouse technology and grocery company has a
Ocado Group shares rebounded on Tuesday as the company reported a narrowing of its losses in the first half of 2024, after a downgrade by analysts saw the grocery delivery firm's stock price plummet e
Boosted by booze and snacking for the Euros football viewers, UK supermarket sales picked up in the past month, while grocery inflation fell to its lowest since September 2021.  Supermarket price inf
Ocado Group PLC (LSE:OCDO) reported smaller losses for the first half of the year and raised its earnings and cashflow guidance for the full year. The online grocery group posted interim numbers sho
Britain's Ocado lifted its annual guidance on Tuesday, citing an improvement in the profitability of its warehouse technology business, reassuring investors and sending its shares up by 18%.
Ocado Group PLC (LSE:OCDO) shares fell 11% after a long-time supportive analyst seemed to give up on the stock.  Bernstein analyst William Woods, who has been bullish on the online grocery company s

Ocado needs good news in next week's update

05:33am, Friday, 12'th Jul 2024
Ocado Group PLC (LSE:OCDO) has been on the back foot for much of the past twelve months but Deutsche Bank sees next week's interims (Tuesday, July 16) as potentially offering some respite. “We expe
Ocado Group PLC (LSE:OCDO) and AEON have announced plans to build a third customer fulfilment centre (CFC) in Kuki-Miyashiro, Saitama, Japan. This operation is expected to open in 2027.
British online supermarket and technology group Ocado said on Monday it had boosted its partnership with Japan's Aeon with plans to build a third robotic warehouse.
After its recent relegation from the FTSE 100 to the 250, Ocado Group PLC (LSE:OCDO) has started the day as the index's biggest faller after it dropped more than 4%. It comes after Morgan Stanley (NY
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