Ocado Retail Revenue Rises Driven by Improved Sales Volume, Record Christmas
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2025
0mins
Source: WSJ
Revenue Growth: Ocado Group reported a 17.5% increase in retail revenue from its joint venture with Marks & Spencer, reaching £715.8 million ($873.5 million) for the fourth quarter ending December 1.
Sales Volume Increase: The growth was driven by a 17% rise in sales volumes, attributed to a strong performance during the Christmas season.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
