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Ocado Group PLC (LSE:OCDO) has been included on JP Morgan's Positive Catalyst Watch ahead of the digital grocer's results, due on 26 February, with the American bank anticipating improving trading conditions. Analyst Marcus Diebel said share price volatility in 2025 has been pronounced but he sees “several drivers for operational stability”.
British online supermarket Ocado and discounter Lidl recorded the highest sales growth in the Christmas quarter, while market leader Tesco and number two Sainsbury's also delivered solid performances, industry data showed on Tuesday.
Ocado Group is set to offer its grocery technology to more potential customers after its mutual exclusivity arrangements ended with retailers in most of the markets in which it operates, including Kroger in the United States.
Ocado Group PLC (LSE:OCDO) has confirmed that mutual exclusivity has ended with retailers in most markets where its technology is live. This includes the United States, where Ocado works with Kroger, from the end of 2025.
Britain's Ocado said on Tuesday that its exclusivity with retailers for its technology allowing them to pick and dispatch online food orders from vast robotic warehouses has ended in most markets, including in the U.S. with Kroger.
Ocado Group will receive a one-off $350 million cash payment from Kroger as the U.S. grocer decided to close three robotic warehouses and cancel a planned facility, the British online supermarket technology firm said on Friday.
Ocado Group PLC (LSE:OCDO) has agreed a one-off cash payment of $350 million from Kroger Co (NYSE:KR, XETRA:KOG) after changes to the US partner's fulfilment network. The payment follows Kroger's decision to close three customer fulfilment centres (CFCs) in January 2026 and to cancel plans for the Charlotte, North Carolina site.
U.S. retailer Kroger's decision to close three of the eight automated warehouses it built with Ocado and expand its ties with the likes of Instacart and DoorDash highlights the challenge the British firm faces from rapid delivery firms.
The announcement that three Ocado Group PLC (LSE:OCDO) warehouses are to be closed by US grocer Kroger Co (NYSE:KR, XETRA:KOG) is "not as bad as it could have been", some analysts think, while others said it was a "near knockout blow". Kroger announced the closure of three out of eight Ocado sites and has expanded its relationship with other delivery platforms Instacart, Doordash and Uber Eats to improve its e-commerce profitability.
Shares in Ocado fell further on Wednesday, adding to 17% slump the day before, after its partner Kroger announced the closure of three U.S. delivery facilities centres, in a blow for the British online supermarket.
Ocado Group PLC (LSE:OCDO) shares slumped over 19% to 174p, around lows last seen over a decade ago, after US grocery client Kroger said it would shut down three of the warehouses that rely on the online grocery supplier's technology. Kroger Co (NYSE:KR) announced that it will close three operating customer fulfilment centres, in Frederick, Maryland; Pleasant Prairie, Wisconsin; and Groveland, Florida by January.
British online supermarket and technology group Ocado said on Tuesday it will receive more than $250 million in compensation after U.S. partner Kroger said it plans to close three jointly operated automated fulfilment centres.
JP Morgan has doubled down on its upbeat view of Ocado Group PLC (LSE:OCDO), keeping an “overweight” rating and lifting its price target to 437p. The bank's argument is simple: the company is now at a turning point operationally, with the data increasingly supporting the bulls.
Ocado Group plc (OTCPK:OCDGF) Q2 2025 Earnings Conference Call July 17, 2025 4:30 AM ET Company Participants Adam Hugh Warby - Corporate Participant Independent Non-Executive Chair of the Board - Corporate Participant Stephen Wayne Daintith - CFO & Executive Director Timothy Steiner - CEO & Executive Director Conference Call Participants Giles Thorne - Jefferies LLC, Research Division Marcus Diebel - JPMorgan Chase & Co, Research Division Maria Christina Stormont - Deutsche Bank AG, Research Division Oliver Tipping - Peel Hunt LLP, Research Division Sarah Roberts - Barclays Bank PLC, Research Division Sreedhar Mahamkali - UBS Investment Bank, Research Division Adam Hugh Warby Independent Non-Executive Chair of the Board Well, good morning, everyone. I was sometimes used to the voice of God announcement when you get up on the stage, but it was just quiet whispers from Nick.
Ocado , the British online supermarket and technology group, is confident its U.S. grocery partner Kroger will opt to grow its e-commerce business despite a recent change in management, Ocado's boss said on Thursday.
Ocado Group PLC (LSE:OCDO) shares whizzed 13% higher after the online delivery group reported a 13.2% increase in revenue and a 77% increase in underlying profits in the first half of the year. Revenue of £674 million was generated in the 26 weeks to 1 June, with 14.9% growth from the Technology Solutions arm, which builds robot-run warehouses (or 'customer fulfilment centres') for overseas grocery groups, and 12.1% from Ocado Logistics, which operates CFCs and delivery services for UK partners, Ocado Retail and Morrison Supermarkets.
Ocado , the British online supermarket and technology group, said its core priority was to turn cash flow positive in its next financial year, as it reported a 76.5% rise in underlying earnings in its first half on Thursday.
Ocado Group PLC (LSE:OCDO) has won a contract extension with grocer Bon Preu in the Spanish region of Catalonia. Under the expanded contract, the FTSE 250 group will help construct a delivery warehouse – or customer fulfilment centre (CFC) as it calls them – in Parets del Vallès, just north of Barcelona.
British online supermarket and technology firm Ocado said on Wednesday it has expanded its partnership with retailer Bon Preu in Catalonia to build a new customer fulfilment centre for its offerings in the region.
Ocado Group PLC (LSE:OCDO) has tapped into a $152 million Letter of Credit as part of its long-standing partnership with US retailer Kroger Co (NYSE:KR, ETR:KOG). The Letter of Credit, arranged back in 2018 when Ocado and Kroger teamed up to build Kroger's online grocery business, was set to mature after seven years.