Ocado Retail revenue down (5.7)% in Q1

Date : 17 March 2022

Rachel Sibson

Analyst

Ocado Retail has announced a decrease in revenue of (5.7)% to £564.7m in its first quarter, 13 weeks to 27 th February 2022. Customer growth but declining basket Ocado’s active customer base increased by 31% year-on-year (YoY) to 835,000. Order numbers also grew to 367,500 per week, an…
To continue reading...
or
With a free account you can access:

In-depth articles on the latest developments in the industry

Free guides and whitepapers from our functional experts

Access to a range of topic-specific newsletters