Company Earnings Update 2 minutesRegister for Free AccessOcado (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? Register for a free user account. This document was generated for Other research you may be interested in: Flipkart Big Billion Days 2023: Preview—Positive Consumer Sentiment and a Focus on Immersive ShoppingConsumers Focus on Essentials: China Consumer Survey InsightsInnovator Profile: Guac Uses AI To Predict Grocery Sales and Reduce Food WasteWeekly US and UK Store Openings and Closures Tracker 2024, Week 19: Apparel Retailer rue21 To Close All Stores
