Maplebear (CART)
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Are Retail-Wholesale Stocks Lagging Maplebear Inc. (CART) This Year?
ZACKS· 2024-11-25 15:41
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? Let's take a closer look at the stock's year-to-date performance to find out.Maplebear is one of 210 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of t ...
Instacart Becomes the First Online Grocery Platform to Launch a SNAP Eligibility Screener to Educate Consumers and Streamline Access to Benefits Nationwide
Prnewswire· 2024-11-21 12:00
New tool designed to help reduce barriers to access, expands the SNAP resources available on InstacartSAN FRANCISCO, Nov. 21, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading online grocery delivery platform in North America, today announced a new Supplemental Nutrition Access Program (SNAP) eligibility screener available on Instacart's EBT SNAP information page. The new tool, powered by Advocatia Solutions, Inc., lets people nationwide quickly and anonymously check whether they may be eligible fo ...
Instacart: Is it Time to Back Up the Cart on the Stock?
MarketBeat· 2024-11-19 12:31
Maplebear Inc. NASDAQ: CART is best known as Instacart, the world’s largest online grocery marketplace with a network exceeding 80,000 stores. While you may have believed it was just a food delivery app like DoorDash Inc. NASDAQ: DASH or Uber Eats (owned by Uber Technologies Inc. NYSE: UBER), it’s evolved into much more. The company now offers a suite of enterprise solutions for retailers, including in-store electronic shelf labels, personalized advertising, and expanded delivery partnerships with non-groce ...
Instacart: The Post-Earnings Dip Is A Great Time To Buy This Transformational Brand
Seeking Alpha· 2024-11-14 04:00
As the S&P 500 continues to hover around all-time highs, I continue to recommend that investors remain very selective about which stocks they buy, and when. In particular, the very volatile Q3 earnings season has created tremendous buying opportunities in growth stocks With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry t ...
Maplebear (CART) - 2024 Q3 - Quarterly Report
2024-11-13 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Non-accelerated filer ☒ Smaller reporting company ☐ Emerging growth company ☐ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41805 MAPLEBEAR INC. (Exact name of registran ...
Instacart Stock Hit on Soft Q4 Outlook
Investopedia· 2024-11-13 16:50
Key TakeawaysShares of Instacart, trading under the name of its parent, Maplebear, tumbled Wednesday, after the grocery delivery service issued soft guidance, noting that one of its partners was hit with an internet outage.The grocery delivery firm said the problem affected deliveries for grocers operated by Ahold Delhaize. Instacart beat profit and sales estimates in the third quarter, and turned profitable. It also raised its stock buyback program. Shares of Instacart, trading under the name of its parent ...
Instacart's Smart Carts Now Available in All Geissler's Locations
Prnewswire· 2024-11-13 14:00
Customers can now use Caper Carts, Instacart's AI-powered smart carts, to shop at Geissler's Supermarkets across Connecticut and MassachusettsGeissler's Supermarkets is the first grocer to replace a majority of its traditional shopping carts with Caper CartsSAN FRANCISCO and EAST WINDSOR, Conn., Nov. 13, 2024 /PRNewswire/ -- Geissler's Supermarkets, a seven-store Independent Grocers Alliance (IGA, Inc) retailer with locations in Connecticut and Massachusetts, and Instacart (NASDAQ: CART), the leading grocer ...
Maplebear (CART) - 2024 Q3 - Earnings Call Transcript
2024-11-13 01:33
Maplebear Inc. (NASDAQ:CART) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Rebecca Yoshiyama - Vice President, Investor Relations, Capital Markets and Security Fidji Simo - Chief Executive Officer Emily Reuter - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Ron Josey - Citi Sebastian Colin - Baird Ross Sandler - Barclays Justin Post - Bank of America Jason Helfstein - Oppenheimer Brian Nowak - Morgan Stanley Doug Anmuth - JPMorgan Nik ...
Maplebear (CART) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-13 00:06
Maplebear (CART) reported $852 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 11.5%. EPS of $0.42 for the same period compares to -$20.86 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $845.13 million, representing a surprise of +0.81%. The company delivered an EPS surprise of +90.91%, with the consensus EPS estimate being $0.22.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...
Maplebear (CART) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-11-12 23:21
Maplebear (CART) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to loss of $20.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 90.91%. A quarter ago, it was expected that this operator of the Instacart online grocery would post earnings of $0.13 per share when it actually produced earnings of $0.20, delivering a surprise of 53.85%.Over the last fou ...