Maplebear (CART)
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Instacart rolls out AI tools for grocers, Sprouts will be first to use its Cart Assistant
CNBC· 2025-11-04 14:00
Instacart on Tuesday launched a suite of artificial intelligence tools for grocers to deliver more personalized shopping experiences and improve retail operations.CEO Chris Rogers told CNBC that the announcement is a major step forward in the company's enterprise strategy, which has grown to power hundreds of digital storefronts."It's taking everything that we've been building for retailers over the last decade, and it's bringing it into the AI era," Rogers said. "It's really about putting enterprise-grade ...
Kroger and Instacart Announce Expanded Relationship, Investing in AI to Simplify Customer Experience, Improve Efficiency
Prnewswire· 2025-11-04 14:00
Accessibility StatementSkip Navigation Improves customer experience with increased efficiency that improves order quality As Kroger's primary delivery fulfillment provider across all Kroger digital properties, including Kroger.com, Instacart collaborates with Kroger to further elevate the customer digital shopping experience through improved quality and efficiency. Together, the companies are fulfilling more orders from stores – and fulfilling those orders faster and more reliably than ever before. Using ...
Maplebear (CART) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-11-04 05:02
Core Insights - Wall Street anticipates a year-over-year increase in earnings for Maplebear (CART) due to higher revenues, with a focus on how actual results compare to estimates [1][2] - The earnings report is set to be released on November 10, and better-than-expected results could lead to a stock price increase, while disappointing results may cause a decline [2][3] Earnings Estimates - The Zacks Consensus Estimate predicts quarterly earnings of $0.50 per share for Maplebear, reflecting a year-over-year increase of +19.1% [3] - Expected revenues for the quarter are $934.4 million, which is a 9.7% increase from the previous year [3] Estimate Revisions - The consensus EPS estimate has been revised 1.01% higher in the last 30 days, indicating a collective reassessment by analysts [4] - However, the Most Accurate Estimate for Maplebear is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.16%, suggesting a bearish outlook from analysts [12] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with a strong predictive power for positive readings [9][10] - Maplebear's current Zacks Rank is 3, which complicates the prediction of an earnings beat [12] Historical Performance - In the last reported quarter, Maplebear exceeded the expected earnings of $0.39 per share by delivering $0.41, resulting in a surprise of +5.13% [13] - Over the past four quarters, the company has beaten consensus EPS estimates three times [14] Conclusion - While Maplebear does not appear to be a strong candidate for an earnings beat, investors should consider other factors before making investment decisions [17]
Mixed Analyst Views on Maplebear Inc. (CART) as Pricing Trends Shift
Yahoo Finance· 2025-11-03 10:32
Core Viewpoint - Maplebear Inc. (NASDAQ:CART) is experiencing mixed analyst opinions, with price targets being adjusted downwards by some firms while others maintain a bullish outlook, reflecting the evolving market dynamics and pricing trends [1][2][3]. Group 1: Analyst Ratings and Price Targets - Wedbush revised its price target for Maplebear Inc. from $42 to $40, maintaining an Underperform rating due to changing pricing patterns and revenue sources [1][2]. - Bernstein's Nikhil Devnani reaffirmed a Buy rating on Maplebear, setting a price target of $63, indicating a contrasting view on the company's future [3]. Group 2: Business Developments - On October 15, Maplebear Inc. launched new business features aimed at supporting bulk ordering and team purchasing, which include dashboards and spending controls [4]. - The company reported that hundreds of retailers have already adopted these new tools, enhancing their e-commerce platform and operational efficiency [4][5]. - Ryan Hamburger, Vice President of Retail Partnerships at Instacart, highlighted that over one million business customers have ordered from Instacart in the past year, showcasing the growing demand for these services [5]. Group 3: Company Overview - Maplebear Inc. operates as an online grocery delivery service, connecting customers with local stores for same-day delivery or curbside pickup through the Instacart app or website [6].
Instacart Strengthens Pet Category with New Pet Supplies Plus Partnership
Prnewswire· 2025-10-30 13:00
Accessibility StatementSkip Navigation Instacart customers can enjoy exclusive loyalty member pricing and delivery in as fast as an hour from over 700 stores across the country SAN FRANCISCO and LIVONIA, Mich., Oct. 30, 2025 /PRNewswire/ --Â Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced a new partnership withPet Supplies Plus, the largest pet retail franchise, to offer same-day delivery in as fast as an hour from over 700 stores across the US. Instacart c ...
Grubhub Partners with Instacart to Expand Grocery Options on Its Platform
Prnewswire· 2025-10-28 13:00
Core Insights - Grubhub and Instacart have formed a partnership to enhance grocery delivery options for Grubhub customers, allowing them to order from over a thousand grocery retailers directly through Grubhub's platform [2][3][4] Group 1: Partnership Details - The partnership enables Grubhub customers to access Instacart's extensive network of grocery retailers, enhancing convenience and value [2][4] - Orders placed through Grubhub will be fulfilled and delivered by Instacart shoppers, maintaining a seamless user experience [3][4] Group 2: Customer Experience - Customers can start shopping by selecting the Grocery icon in the Grubhub app, choosing a nearby store, and tracking their delivery in real time [3] - The grocery delivery service will be available nationwide by the end of October 2025, with additional pharmacy ordering options coming soon [3] Group 3: Promotional Offers - Grubhub+ members will receive special savings, including $0 standard delivery fees on grocery orders of $25 or more from participating retailers [4] - All customers can enjoy a 30% discount on up to three grocery orders of $75 or more for the next three months [4] Group 4: Company Background - Grubhub is a leading U.S. ordering and delivery marketplace with access to over 415,000 restaurants across more than 4,000 cities [5] - Instacart partners with over 1,800 retail banners, facilitating online shopping and delivery from nearly 100,000 stores across North America [6]
Instacart Powers In-Store and Online Technology for Independent Grocers Nationwide
Prnewswire· 2025-10-23 13:00
Core Insights - Instacart is witnessing a growing trend among independent grocers in the U.S. adopting its enterprise technology solutions to enhance customer experience both in-store and online [1][2] Group 1: Adoption of Technology - Independent grocers are increasingly investing in technologies like Caper Carts, FoodStorm, and Storefront Pro to provide a seamless shopping experience [1][2] - The number of stores using Caper Carts has nearly tripled over the past year, now spanning nearly 100 cities across 15 states [4] - FoodStorm has seen adoption in over 3,000 stores in North America, more than doubling since the end of 2024 [7] Group 2: Customer Experience Enhancement - Caper Carts allow customers to track spending and check out directly on the cart, leading to improved customer engagement and coupon redemption [3][4] - Retailers using Caper Carts report that 40% of customers redeem discounts presented on the smart cart, with over half using at least one coupon during checkout [3] - Storefront Pro enables grocers to create a fully branded online shopping experience, integrating features like weekly ads and AI-powered personalization [8][9] Group 3: Operational Efficiency - FoodStorm enhances back-of-house efficiency for grocers like Luke's Local Grocery, allowing real-time handling of made-to-order food without sacrificing quality [5][6] - Instacart's enterprise solutions help retailers streamline workflows, drive sales, and offer personalized shopping experiences [10]
Restaurant Depot launches digital ordering platform with Instacart
Yahoo Finance· 2025-10-22 09:58
Core Insights - Restaurant Depot has launched a new mobile app and website in collaboration with Instacart to enhance digital ordering for its members [1][2] - The partnership aims to provide a comprehensive online ordering service tailored for business customers, integrating Instacart Business with Storefront Pro [1][2] Group 1: Digital Ordering Platform - The new platform allows Restaurant Depot members to place orders for delivery or pickup 24/7 through a mobile app and website featuring smart search functionality [3] - Members can access monthly flyers, promotions, and exclusive deals, as well as create personalized lists and have digital access to receipts and tax documents [3][4] - The platform supports bulk ordering with case quantity options and allows for tax-exempt transactions to be completed digitally [4] Group 2: Business Empowerment - Instacart Business provides real-time access to food, ingredients, and supplies, addressing urgent needs and reducing stockouts for foodservice operators [3][4] - The partnership is designed to empower businesses in the foodservice industry by offering flexible solutions that adapt to their unique operational challenges [5] - The collaboration aims to streamline the ordering process, enabling foodservice operators to focus on serving their customers effectively [5]
Restaurant Depot Partners with Instacart to Transform Member Ordering Experience
Prnewswire· 2025-10-21 13:00
Core Insights - Instacart partners with Restaurant Depot to enhance the ordering experience for restaurants and foodservice operators through a new mobile app and website [1][2] Company Overview - Instacart is a leading grocery technology company in North America, collaborating with over 1,800 retail banners to facilitate online shopping and delivery services from nearly 100,000 stores [5] - Restaurant Depot is a members-only wholesale cash & carry foodservice supplier, focusing on independent foodservice operators with no minimum purchase requirements [8] New Features and Solutions - The new mobile app and website integrate Instacart Business and Storefront Pro, providing a seamless ordering experience for Restaurant Depot members [1][2] - Key features include 24/7 ordering through a mobile app, access to exclusive deals via monthly flyers, team ordering capabilities, digital tax-exempt purchases, bulk ordering options, and easy in-store shopping with membership card scanning [6][3] Industry Context - The foodservice industry is crucial to American communities, facing unique operational challenges and time-sensitive needs [3] - Instacart aims to empower foodservice businesses with flexible solutions that adapt to their specific requirements, enhancing efficiency and convenience in procurement [3]
Instacart and TriMet Pilot Program Expands Access and Independence for Older Adults and Riders with Disabilities, While Saving Millions for the Transit Agency
Prnewswire· 2025-10-16 13:30
Core Insights - Instacart has partnered with TriMet to provide Instacart+ memberships to paratransit riders, enhancing convenience and quality of life for individuals with disabilities and limited mobility [1][4][6] - The pilot program has resulted in significant cost savings for TriMet, with over $350,000 saved in the first six months and potential annual savings of up to $4.5 million if implemented systemwide [1][5][6] Program Details - The pilot program, launched in March 2024, enrolled over 200 paratransit riders, providing them with Instacart+ memberships and training on using the platform [3][5] - Participants placed nearly 4,000 orders, with over 50% of orders consisting of fresh foods and more than 10% including household essentials [5] - The program is projected to save an average of $1,525 per rider annually, with potential total savings reaching $4.5 million if half of active LIFT riders adopt the service [5] Impact and Recognition - The initiative has been positively received by riders, with a high satisfaction rate and most orders rated five stars [5][6] - TriMet received the 2024 Innovation Award from the American Public Transportation Association for the pilot's potential to transform paratransit services nationwide [5]