Streetbeat News

OCDDY

Ocado Group Plc

http://www.ocadogroup.com/

CEO

Timothy Steiner

Open

8.43

Mkt cap

3.5B

Volume

1.2K

High

8.44

P/E Ratio

-12.60

52-wk high

20.55

Low

8.43

Div yield

N/A

52-wk low

7.02

Ocado and Tesco have outpaced the grocery market growth as early Christmas shopping boosts sales. Over the four weeks to November 3, their take-home sales increased by 2.3% to £11.6 billion, marking the best sales period of the year.

Portfolio Pulse from

November 12, 2024 | 12:00 pm

The CEO of Ocado declined to comment on rumors of a potential takeover by Amazon. This comes as Ocado's stock hit a five-month high after returning to profit.

Portfolio Pulse from Charles Gross

July 18, 2023 | 9:15 am

Intel plans to restructure its manufacturing business, aiming for the second-largest foundry spot with projected revenue over $20B. Airbus is working to control A220 jet costs amid pricing pressure from suppliers. The European Medicines Agency raises a thyroid cancer safety signal for Novo Nordisk drugs, including semaglutide. Spirit AeroSystems suspends work at its Kansas plant due to a workers' strike. Accenture reports underwhelming Q3 earnings, and Lordstown Motors founder relinquishes his remaining stake.

Portfolio Pulse from Vandana Singh

June 22, 2023 | 1:30 pm

Amazon is reportedly showing interest in UK-based online supermarket Ocado, according to The Times. This has led to speculation about a potential acquisition.

Portfolio Pulse from Charles Gross

June 22, 2023 | 9:26 am

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