Instacart, the delivery platform, reported last quarter's performance exceeding expectations and will enhance product price competitiveness

AASTOCKS
2025.11.10 16:24

Delivery platform Instacart (CART.US) announced that its adjusted earnings per share for the third quarter were $0.51, higher than the market expectation of $0.49; revenue increased by 10% year-on-year to $939 million, also slightly above expectations.

Total transaction volume for the quarter rose by 10% to $9.17 billion, exceeding the market forecast of $9.11 billion. The company stated that it will focus on enhancing product price competitiveness and strengthening enterprise solutions, expecting total transaction volume for this quarter to be between $9.45 billion and $9.6 billion, representing a year-on-year growth of 9% to 11%, compared to the market expectation of $9.48 billion

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