Instacart

CART

US5653941030

Internet Services

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39.69 ^USD	+4.81%		+12.80%	+69.75%

Sep. 17	Chinese insurance broker Yuanbao files for US IPO amid reviving investor appetite	RE
Sep. 10	Transcript : Maplebear Inc. Presents at Goldman Sachs Communacopia + Technology Conference 2024, Sep-10-2024 02:25 PM

Maplebear Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

August 06, 2024 at 04:04 pm EDT

Maplebear Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 823 million compared to USD 716 million a year ago. Net income was USD 61 million compared to USD 114 million a year ago.
For the six months, sales was USD 1,643 million compared to USD 1,475 million a year ago. Net income was USD 191 million compared to USD 242 million a year ago.

Latest news about Instacart

Chinese insurance broker Yuanbao files for US IPO amid reviving investor appetite	Sep. 17	RE
Transcript : Maplebear Inc. Presents at Goldman Sachs Communacopia + Technology Conference 2024, Sep-10-2024 02:25 PM	Sep. 10
Costco In-Store "Treasure Hunt" Strategy Improves With Better Apparel, Discounted Gift Cards, Oppenheimer Says	Aug. 27	MT
Maplebear Insider Sold Shares Worth $358,894, According to a Recent SEC Filing	Aug. 22	MT
Maplebear Inc. Appoints Mary Beth Laughton as A Class I Director	Aug. 19	CI
Instacart Repurchases Shares From D1 Iconoclast for $117 Million	Aug. 14	MT
Ibotta Q2 Earnings Fall, Revenue Rises; Partnership With Instacart Set	Aug. 13	MT
Instacart and Ibotta Join Forces to Deliver More Savings for Customers	Aug. 13	CI
DoorDash to offer Max streaming to members in the US as competition intensifies	Aug. 13	RE
Tranche Update on Maplebear Inc.'s Equity Buyback Plan announced on June 6, 2024.	Aug. 09	CI
Instacart Shares Rise After 'Healthy' Q2 Results Reflect Low Expectations, Wedbush Says	Aug. 07	MT
Global markets live: Walt Disney, Airbnb, Lyft, Redditt, Amgen...	Aug. 07
Macquarie Adjusts Instacart's Price Target to $45 From $44, Keeps Outperform Rating	Aug. 07	MT
U.S.-LISTED SHARES OF SHOPIFY UP 20% AFTER Q2 RESULTS BEAT…	Aug. 07	RE
Market meltdown averted	Aug. 07
Instacart shares surge on strong grocery delivery demand and advertising growth	Aug. 07	RE
Wedbush Raises Instacart Price Target to $38 From $35, Maintains Neutral Rating	Aug. 07	MT
North American Morning Briefing : Market Calm Continues as BOJ Reassures on Rates	Aug. 07	DJ
European Midday Briefing : Stocks Extend Rally as BOJ Reassures on Rates	Aug. 07	DJ
INSTACART EXEC SAYS "NEWER CUSTOMER COHORTS ARE REACHING BIGGER…	Aug. 06	RE
Instacart Reports Q2 Results Exceed Expectations	Aug. 06	MT
Transcript : Maplebear Inc., Q2 2024 Earnings Call, Aug 06, 2024	Aug. 06
Instacart Guides For Q3 Gross Transaction Value of $8.1-$8.25 Billion, vs Visible Alpha Analyst Consensus of $8.1 Billion	Aug. 06	MT
Instacart Reports Q2 Revenue of $823 Million, vs CIQ Analyst Consensus of $804 Million	Aug. 06	MT
Maplebear Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	Aug. 06	CI

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Company Profile

Maplebear Inc., doing business as Instacart, is a grocery technology company in North America, works with grocers and retailers to transform how people shop. The Company partners with more than 1,500 national, regional, and local retail banners to facilitate online shopping, delivery and pickup services from more than 85,000 stores across North America on the Instacart Marketplace. The Instacart Platform offers retailers a suite of enterprise-grade technology products and services to power their e-commerce experiences, fulfill orders, digitize brick-and-mortar stores, provide advertising services, and glean insights. With Instacart Ads, thousands of consumer-packaged goods (CPG) brands - from category leaders to emerging brands - partner with the Company to connect directly with consumers online, right at the point of purchase. The Company, through its Instacart Health, provides tools to increase nutrition security and make healthy choices easier for consumers.

Employees

3,380

Sector

Internet Services

Calendar

2024-11-05 - Q3 2024 Earnings Release (Projected)

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