Company Earnings Update 3 minutesRegister for Free AccessOcado (LSE: OCDO) 1Q19 Trading Update: Strong Underlying Growth Partially Offset by Fire Coresight Research March 20, 2019 Executive Summary Ocado reported 1Q19 retail revenue of £404 million, up 11.2% year over year. The company’s average orders per week grew 11.3% year over year, but the average order size was down 0.2% year over year. Ocado‘s Andover customer fulfilment center experienced a devastating fire in February, and the company says it will provide an update on the impact of fire on its 10-15% revenue growth target ”in due course.” 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: Earnings Insights 3Q23, Week 2: Crocs, CVS and Colgate-Palmolive Report Strong Results; Carter’s, Clorox, Estée Lauder and VF Corporation See Sales DeclineKey Retail-Tech Themes at NRF 2024: Retail’s Big Show—Partnerships, GenAI, RFID and SustainabilityMarket Navigator: US Retail and E-Commerce—Uncovering Opportunities in a Changing LandscapeMarket Navigator: US Beauty—Inclusivity, Premiumization and Innovation Lead the Way
