Company Earnings UpdateOcado (LSE: OCDO) 3Q19 Trading Update: Surge in Customer Orders; JV on the Right Track Coresight Research September 18, 2019 Executive Summary Ocado reported 3Q19 retail revenue of £386.3 million, up 11.4% year over year, slightly lower than the 11.5% year-over-year growth rate in 3Q18. The company’s average orders per week grew 12.1% year over year, but the average order size was down 0.8% year over year. Ocado attributes the growth to capacity enhancements at its fourth customer fulfillment centerin Erith, London. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Sycamore Partners To Acquire Walgreens Boots Alliance—Exploring the Reasons for and Implications of the $23.7 Billion DealThe Impacts of US Tariffs: Assessing Companies’ International Sourcing Exposure by CountryHoliday 2024: UK Retail Wrap-Up—Cautious Spending and Late Shopping Fuel Volatile Peak TradingUS Back to School 2025, Part 1: Early Shopping, Tariff Worries and Strategic Choices Shape BTS 2025
