Company Earnings UpdateOcado (LSE: OCDO) 1H17 Results: Solid Sales Growth Continues Coresight Research July 6, 2017 Executive Summary British online grocery retailer Ocado Group announced a 12.5% year-over-year increase in revenues for 1H17, above consensus analyst estimates. Contribution operating margin expanded 10 basis points on gross margin expansion of 60 bps. However, EPS declined 12.1% year over year. Ocado increased its active customer numbers by 12.7% and grew order numbers by 15.6%, but saw its average basket value decline by 1.4%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Economic Sentiment Improves: Weekly US Consumer Sentiment, Week 50, 2025—Data GraphicInnovator Profile: Kalder—Monetizing Customer Loyalty with White-Label Cashback and RewardsThree Data Points We’re Watching This Week, Week 20: Cross-Border Players Don’t Prevent Amazon Reaching New Highs in ApparelWeekly US and UK Store Openings and Closures Tracker 2025, Week 5: Apparel, Convenience and Food Retailers Announce Store Expansion Plans
