Key PointsKroger's $24.6 billion merger with Albertsons is awaiting approval by the FTC.Casey's General Stores' stock advanced 22% last year thanks to fuel sales, which account for more than 60% of total sales.Instacart parent Maplebear is a grocery-related company that successfully embraces generative AI.5 stocks we like better than KrogerFood distributors and retailers are living up to their reputation as the best consumer staples industry to own. Up 2.1% year-to-date, the group has a sizable early lead o ...

SAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its fourth quarter and full year 2023 financial results after market close on Tuesday, February 13, 2024. The company's fourth quarter 2023 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com.Instacart management will also host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Tuesday, Februar ...

Companies join forces to empower DispatchHealth's in-home healthcare professionals with tools that help patients take action to address nutritional needs as part of their overall health and wellness. DENVER, Jan. 23, 2024 /PRNewswire/ -- DispatchHealth and Instacart (NASDAQ: CART), the leading grocery technology company in North America, are teaming up to confront one of healthcare's most pressing challenges: ensuring patients have access to nutritious foods. Using Instacart Health technology, DispatchHealt ...

Instacart stock jumped Wednesday after an analyst speculated the grocery delivery company could be a takeover target for ride-sharing platform Uber Technologies. ...

Instacart (NASDAQ: CART) has been in a downtrend ever since it debuted on Nasdaq but a Wolfe Research analyst is confident the stock will rebound in 2024.Instacart stock could rally back to $35Copy link to sectionDeepak Mathivanan upgraded the grocery delivery company this morning to “outperform” and said its shares could climb all the way back to $35. His price objective suggests a near 50% upside from here. The analyst is super bullish because he sees an attractive risk-reward in Instacart stock.We do not ...

Instacart and DoorDash are raising prices in Seattle following the city’s new minimum pay law.Seattle in 2022 passed legislation that increased wages for drivers for the delivery apps. That law went into effect Saturday (Jan. 13), and is happening as the federal government is looking to raise wages for gig workers around the country.According to a Seattle Times report, the new city law requires companies like DoorDash and Instacart to pay at least 44 cents per minute plus 74 cents per mile during orders (or ...

Conversion The Conversion Shortfall for the Series A redeemable convertible preferred stock on any conversion date is defined as the absolute dollar value by which the product of the Conversion Ratio and the 10-Day VWAP for an applicable conversion is less than the Stated Value plus the Minimum Return Amount on such date. Under certain regulatory events or strategic actions by the Company or the holder the Company or the holder, as applicable, has the right to elect to redeem all outstanding shares of Serie ...