Ocado Group PLC Sponsored ADR (OCDDY)
Ocado slides as second overseas customer closes robot warehouse
Ocado Group PLC (LSE:OCDO) shares are down 10% as a second overseas supermarket client, Sobeys in Canada, has announced it will close one of its robot-run warehouses and keep its Vancouver site on pause. This follows US customer Kroger's announcement to close three customer fulfilment centres at the end of last year.
OCADO GROUP (OCDDY) Upgraded to Buy: Here's What You Should Know
OCADO GROUP (OCDDY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Is OCADO GROUP (OCDDY) Outperforming Other Retail-Wholesale Stocks This Year?
Here is how OCADO GROUP (OCDDY) and Signet (SIG) have performed compared to their sector so far this year.
Ocado Group tipped among American bank's 'stocks to watch'
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”.
Ocado and Lidl lead Christmas sales growth, Tesco solid, says Worldpanel
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 to Offer Grocery Tech to More Customers After Exclusivity Deals End
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 reveals mutual exclusivity has now expired with partners in most markets
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.
UK's Ocado says exclusivity with most international retailers ends
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 receives $350m in compensation from Kroger after CFC network changes
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.
All You Need to Know About OCADO GROUP (OCDDY) Rating Upgrade to Buy
OCADO GROUP (OCDDY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Is Ocado's Kroger news a silver-lining or knockout blow?
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.
Ocado dealt 'dreadful blow' as Kroger closes three robot warehouses
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.
