Instacart Stock News

HOLLYWOOD, Fla.--(BUSINESS WIRE)--The Diabetes Research Institute Foundation (DRIF), an organization dedicated to developing and rapidly applying the most promising research to treat and cure people living with diabetes, today announced a partnership with Instacart Health, an initiative of Instacart, the leading grocery technology company in North America, that aims to improve nutrition securit...

Instacart's Q3 results exceeded expectations, with 11% y/y GTV growth and a 39% y/y surge in adjusted EBITDA, despite a post-earnings dip. The company's guidance for Q4 GTV growth is conservative; historical trends suggest Instacart will likely surpass these estimates. Instacart's large TAM, strong partnerships, ad revenue growth, and commitment to profitability make it a compelling buy at curr...

Shares of Instacart, trading under the name of its parent, Maplebear (CART), tumbled Wednesday, after the grocery delivery service issued soft guidance, noting that one of its partners was hit with an internet outage.

Customers can now use Caper Carts, Instacart's AI-powered smart carts, to shop at Geissler's Supermarkets across Connecticut and Massachusetts Geissler's Supermarkets is the first grocer to replace a majority of its traditional shopping carts with Caper Carts SAN FRANCISCO and EAST WINDSOR, Conn. , Nov. 13, 2024 /PRNewswire/ -- Geissler's Supermarkets, a seven-store Independent Grocers Alliance...

Maplebear Inc. (NASDAQ:CART ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Rebecca Yoshiyama - Vice President, Investor Relations, Capital Markets and Security Fidji Simo - Chief Executive Officer Emily Reuter - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Ron Josey - Citi Sebastian Colin - Baird Ross Sandler - Barclays...

Instacart's expansion of retailer integrations and the implementation of advanced technology have streamlined the shopping experience, providing convenience, savings and higher engagement, CEO Fidji Simo noted Tuesday (Nov. 12) during the company's third-quarter earnings call.

Instacart stock slipped late Tuesday, despite the grocery delivery company reporting a Q3 earnings and sales beat. The post Instacart Posts Earnings Beat But Stock Slips On Mixed Outlook appeared first on Investor's Business Daily.

Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.