Company Earnings UpdateOcado (LSE: OCDO) 1H17 Results: Solid Sales Growth Continues Coresight Research July 6, 2017 Executive Summary British online grocery retailer Ocado Group announced a 12.5% year-over-year increase in revenues for 1H17, above consensus analyst estimates. Contribution operating margin expanded 10 basis points on gross margin expansion of 60 bps. However, EPS declined 12.1% year over year. Ocado increased its active customer numbers by 12.7% and grew order numbers by 15.6%, but saw its average basket value decline by 1.4%. 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: Five Ways AI Is Being Used in Luxury Retailing—and What’s NextThree Data Points We’re Watching This Week UK Store Openings and Closures—2024 Review and 2025 OutlookFive Ways AI Is Being Used in Grocery and Mass Retailing—and What’s NextWeekly UK Store Openings and Closures Tracker 2025, Week 40: Claire’s UK Bought Out of Bankruptcy
