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Instacart Announces Third Quarter 2024 Financial Results
Prnewswire· 2024-11-13 05:05
SAN FRANCISCO, Nov. 12, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its third quarter ended September 30, 2024. These financial results are available within Instacart's third quarter 2024 Shareholder Letter, which can be found on the company's Investor Relations website at https://investors.instacart.com/.Instacart management will host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today. To access a live webcast o ...
Instacart and Coles Supermarkets to Launch Smart Trolleys in Australia
Prnewswire· 2024-11-12 21:01
Coles Supermarkets becomes the first retailer in the Asia Pacific region to deploy Caper Carts, Instacart's AI-powered smart trolleysSAN FRANCISCO and MELBOURNE, Australia, Nov. 12, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, and Coles Supermarkets (ASX: COL), one of Australia's leading retailers, today announced that Caper Carts, Instacart's AI-powered smart trolleys, will be coming to Melbourne, starting in early 2025 with its Richmond Traders lo ...
Maplebear (CART) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-11-08 02:00
Investors might want to bet on Maplebear (CART) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investo ...
Is Maplebear Inc. (CART) Stock Outpacing Its Retail-Wholesale Peers This Year?
ZACKS· 2024-11-07 23:40
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Maplebear (CART) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Maplebear is a member of the Retail-Wholesale sector. This group includes 210 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector ...
New Grocers Adopting Instacart's Carrot Tags Lead the Way in Elevating the In-Store Experience
Prnewswire· 2024-11-07 22:00
ALDI, Gelson's, and Hornbacher's Among New Grocers Leveraging Carrot TagsSAN FRANCISCO, Nov. 7, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced that new grocers are connecting their electronic shelf labels (ESL) hardware to Carrot Tags' pick to light functionality. Carrot Tags is Instacart's software solution that seamlessly integrates into a retailer's electronic shelf labels (ESL) hardware to enable incremental functionality, includin ...
Instacart Storefront Pro Empowers Grocers to Optimize Online Sales
Prnewswire· 2024-11-06 22:00
Sprouts, Harmons, The Save Mart Companies, and Rosauers upgrade to Instacart's end-to-end e-commerce platform, joining more than 600 grocers boosting online growth SAN FRANCISCO, Nov. 6, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced that Sprouts, Harmons, The Save Mart Companies and Rosauers are enhancing their digital presence with Instacart Storefront Pro. Storefront Pro, an advanced e-commerce solution custom-designed for grocers o ...
Maplebear (CART) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-11-06 00:05
Maplebear (CART) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November ...
Instacart: Fairly Valued With Considerable Risks
Seeking Alpha· 2024-10-19 17:28
Maplebear Inc. (NASDAQ: CART ), best known for Instacart, provides online grocery shopping services to households in North America. It offers grocery sales, delivery, and pickup services through a mobile app and website. Its stock has performed well in the last year (Figure Investing in high-growth opportunities across industries, employing a value investing approach that prioritizes robust business models and strategic foresight. Focusing on companies with the potential to profoundly influence the global l ...
Why Maplebear (CART) Could Beat Earnings Estimates Again
ZACKS· 2024-10-19 01:16
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Maplebear (CART) , which belongs to the Zacks Internet - Commerce industry. When looking at the last two reports, this operator of the Instacart online grocery has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 514.42%, on average, in the last two quarters. For the last reported quarter, Maplebear came out with ...
Instacart to Report Third Quarter 2024 Financial Results on November 12, 2024
Prnewswire· 2024-10-15 21:25
SAN FRANCISCO , Oct. 15, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its third quarter 2024 financial results after market close on Tuesday, November 12, 2024. The company's third quarter 2024 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com. Instacart management will also host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Tuesday, November 12. To acces ...