Profile
Sector:
Consumer CyclicalIndustry:
Internet RetailCountry:
United StatesIPO:
19 September 2023Website:
http://www.instacart.comNext earnings report:
12 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 6 min agoDividend
Analysts recommendations
Institutional Ownership
CART Latest News
Instacart's strong retailer relationships and customer data integration provide competitive advantages, but revenue growth is slowing, and margins are under pressure due to competition and rising costs. Advertising revenue is growing and now constitutes 28% of total revenue, but the overall revenue growth rate is expected to be flat or declining. Amazon's entry into the online grocery market poses a significant threat, potentially reducing Instacart's revenue growth rate and margins.
Maplebear (CART) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
SAN FRANCISCO , Oct. 15, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its third quarter 2024 financial results after market close on Tuesday, November 12, 2024. The company's third quarter 2024 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com.
It can be confusing, but Maplebear Inc. CART is better known as Instacart, the world's largest online grocery marketplace, and they also deliver groceries from over 85,000 stores to over 25 million people. However, unlike other delivery services like Uber Eats, owned by Uber Technologies Inc. and the world's largest restaurant delivery service, DoorDash Inc. and Amazon.com Inc.; Instacart is making inroads into in-store shopping, not just delivery.
New product lineup spans first-of-its-kind gamification, personalized offers, and advertising to give customers a more seamless shopping experience Select capabilities are rolling out in partnership with retailers like Schnucks and Wakefern Food Corp., and brands including General Mills and PepsiCo Instacart's new survey findings show consumers crave AI-powered savings, with 83 percent ready for smart carts SAN FRANCISCO , Oct. 7, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, today announced the launch of three new Caper Cart capabilities – gamified quests, location-based coupons, and aisle-aware advertising formats. These new offerings build on the AI-powered smart cart's capabilities to make grocery shopping more delightful and personalized via its digital screen, allowing brands and retailers to engage with customers as they shop in-store.
CHESAPEAKE, Va.--(BUSINESS WIRE)--Family Dollar has teamed up with Instacart (NASDAQ: CART), the leading grocery technology company in North America, to accept Supplemental Nutrition Assistance Program's Electronic Benefit Transfer (SNAP/EBT) payments for online orders. “Family Dollar takes great pride in delivering quality and value on family essentials through our convenient locations across the country,” said Larry Gatta, Chief Merchandising Officer for Family Dollar. “Now, through our Insta.
Maplebear (CART) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
It can be confusing, but Maplebear Inc. NASDAQ: CART is better known as Instacart, the world's largest online grocery marketplace, and they also deliver groceries from over 85,000 stores to over 25 million people. However, unlike other delivery services like Uber Eats, owned by Uber Technologies Inc. NYSE: UBER) and the world's largest restaurant delivery service, DoorDash Inc. NASDAQ: DASH and Amazon.com Inc. NASDAQ: AMZN; Instacart is making inroads into in-store shopping, not just delivery.
Companies report early success, with a 161% increase in member enrollment and a 57% boost in engagement in programs that offer grocery stipends through Instacart SAN DIEGO, Sept. 26, 2024 /PRNewswire/ -- 9amHealth , the leading virtual cardiometabolic care solution, and Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced a partnership that integrates Instacart Health Fresh Funds stipends for nutritious food into 9amHealth's diabetes, weight, and heart health programs.
Dublin, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The "Global Food Basket Market (2024 Edition): Market Size, Trends, Opportunities and Forecast By Material, End-user, Sales Channel, Region, By Country: 2020-2030" report has been added to ResearchAndMarkets.com's offering. This report highlights different factors and opportunities prevailing in the Global Food Basket Market. According to the report, the Global Food Basket Market was valued at USD 10.52 billion, and is expected to grow at a CAGR of 4.76% during 2025-2030. The market has grown substantially due to the increasing demand for convenient and healthy meal solutions, advancements in food delivery and packaging technologies, and the rising trend of home cooking. The market is driven by the growing demand for time-saving and nutritious meal options, as well as the convenience of home delivery. One of the primary drivers of the market is the rising interest in home cooking and healthy eating. Consumers are increasingly looking for ways to enjoy fresh, home-cooked meals without the hassle of meal planning and grocery shopping. Food baskets offer a convenient solution, providing all the necessary ingredients and easy-to-follow recipes, making cooking accessible to individuals with varying levels of culinary skills. The growth of the e-commerce and food delivery sectors has also played a crucial role in the market's expansion. The increasing adoption of online platforms and mobile apps for food basket subscription services has made it easier for consumers to access a wide variety of meal options. The flexibility of meal kit subscriptions, which allow customers to customize their meals based on dietary preferences and portion sizes, has further boosted the market. Geographical Insights Americas represent the largest market for Food Baskets, driven by a high demand for convenient meal solutions, a strong e-commerce infrastructure, and significant consumer interest in healthy eating. The United States is a key market, with a wide range of food basket service providers and a high level of consumer awareness. In the Americas, the market benefits from a mature food delivery sector, the presence of major meal kit companies, and a growing focus on sustainability and reducing food waste. The increasing adoption of plant-based and specialty diet meal kits further supports market growth. Asia Pacific is expected to witness the highest growth rate, driven by rapid urbanization, increasing disposable incomes, and changing consumer lifestyles. Countries like China, Japan, and Australia are key markets, with expanding food delivery services and a rising interest in home cooking. Market Segmentation
What type of business is Instacart (Maplebear)?
Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers. The company was incorporated in 2012 and is based in San Francisco, California.
What sector is Instacart (Maplebear) in?
Instacart (Maplebear) is in the Consumer Cyclical sector
What industry is Instacart (Maplebear) in?
Instacart (Maplebear) is in the Internet Retail industry
What country is Instacart (Maplebear) from?
Instacart (Maplebear) is headquartered in United States
When did Instacart (Maplebear) go public?
Instacart (Maplebear) initial public offering (IPO) was on 19 September 2023
What is Instacart (Maplebear) website?
https://www.instacart.com
Is Instacart (Maplebear) in the S&P 500?
No, Instacart (Maplebear) is not included in the S&P 500 index
Is Instacart (Maplebear) in the NASDAQ 100?
No, Instacart (Maplebear) is not included in the NASDAQ 100 index
Is Instacart (Maplebear) in the Dow Jones?
No, Instacart (Maplebear) is not included in the Dow Jones index
When was Instacart (Maplebear) the previous earnings report?
No data
When does Instacart (Maplebear) earnings report?
The next expected earnings date for Instacart (Maplebear) is 12 November 2024