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OCDDY News and Press, Ocado Group Plc Hatfield ADR From 02/28/23

Stock Information

Company Name: Ocado Group Plc Hatfield ADR
Stock Symbol: OCDDY
Market: OTC
Website: ocadogroup.com

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OCDDY - Ocado Group GAAP EPS of -58.93p, revenue of £2.51B

Ocado Group press release ( OTCPK:OCDGF ): FY GAAP EPS of -58.93p. Revenue of £2.51B (+0.4% Y/Y). Group EBITDA loss of £(74)m, compared with a profit of £61m in FY21, a result of cost pressures and capacity investments made to support growth at Ocado Retail; EBITDA ...

OCDDY - Ocado Group: Q4 Disappointment Paves The Way For More Downside

Summary Ocado Group plc missed the mark again in Q4. Decelerating growth poses downside risks to the FY23 guidance and beyond. The premium valuation could come under pressure alongside more downward revisions. On the back of another disappointing trading update in Q4, ...

OCDDY - Marks and Spencer: High-Yield In The Retail Industry Given Balanced Risks In Recession Year

Summary Marks and Spencer has a strong market position in the consolidated non-cyclical industry. M&S generated around £1 bln in FCF in 2022 and is expected to be cash-positive in the near future. The company is on the way to gradual deleveraging. From 2019 FY total debt wa...

OCDDY - Kroger Delivery Expands to South Florida

Kroger Delivery Expands to South Florida PR Newswire Grocer opens new spoke also serving Miami, Florida and surrounding areas -- celebrates 90 new associates MIAMI , Feb. 1, 2023 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's grocer, today ...

OCDDY - Ocado: Reiterating Sell, Credit Profile Will Degrade With Rising Financing Costs

Summary Market expectations for Ocado appear low, given the cost-of-living crisis in the UK negatively affecting retail. In the longer term, the business will likely be dependent on the company having access to financing. With continued cash burn degrading Ocado's credit profi...

OCDDY - ClearBridge International Growth EAFE Strategy Q3 2022 Portfolio Manager Commentary

Summary The Strategy outperformed for the second quarter in a row, thanks in large part to positioning adjustments made over the last year in preparation for these extreme macro headwinds. We enhanced a focus on sturdy, secular growth businesses with three new additions to the portfol...

OCDDY - ClearBridge International Growth ADR Strategy Q3 2022 Portfolio Manager Commentary

Summary International growth stocks held up better than value, snapping a two-quarter losing streak, as global recession fears weighed more heavily on companies tied to the broader economy. The Strategy outperformed for the second quarter in a row, thanks in large part to position...

OCDDY - Kroger Delivery Arrives in Greater Detroit

Kroger Delivery Arrives in Greater Detroit PR Newswire Kroger national fulfillment network expands with addition of Romulus , Customer Fulfillment Center ROMULUS, Mich. , Oct. 18, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's large...

OCDDY - Kroger Delivery Expands to Birmingham, Alabama

Kroger Delivery Expands to Birmingham, Alabama PR Newswire Grocer opens new spoke serving the southern region and celebrates more than 160 new associates BIRMINGHAM, Ala. , Sept. 16, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's larges...

OCDDY - Kroger Delivery Now Available in Greater Nashville and Chicago Metro Area

Kroger Delivery Now Available in Greater Nashville and Chicago Metro Area PR Newswire Kroger opens two new spoke facilities expanding service in the South and Midwest CINCINNATI , Aug. 23, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's ...

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