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The delivery worker minimum wage has been a boon for the industry's already marginalized immigrant workforce, many of whom have few other options to make a living. Per the law, which passed in 2021, ...
The grocery-delivery company, formally known as Maplebear, saw profit slip in the first quarter as operating expenses increased. Shares rose in after-hours trading. Markets have recouped some of their ...
Instacart's Q1 2025 earnings reveal strong growth in orders, advertising revenue, and strategic initiatives like Wynshop.
Instacart said Thursday that revenue rose 9% to $897 million in the first quarter, boosted by higher orders and an acceleration in ad sales. The delivery company said gross transaction value for the ...
The grocery delivery giant recently relaxed its minimum basket spend for subscribers on free delivery, which led to a bump in ...
Explore the latest rankings in our 17 Largest Grocery Chains in US [Report 2025], unveiling the top players shaping the ...
Grocery-delivery giant Instacart announced Thursday the acquisition of Wynshop, a provider of cloud-based e-commerce ...
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Maplebear (CART) Misses Q1 Earnings Estimates
Maplebear (CART) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.43 per share a year ago. These figures ...
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Maplebear Inc. (CART) on Thursday reported first-quarter net income of $106 million. On a per-share basis, the San Francisco-based company said it had profit ...
Instacart posted its strongest order growth since 2022 for the first quarter and projected better-than-expected earnings for ...
The grocery-delivery company, formally known as Maplebear, saw profit slip in the first quarter as operating expenses ...
Instacart forecast second-quarter core profit above Wall Street estimates on Thursday, betting on resilient demand for grocery and food on its delivery platform as more people shop online.