Ocado's Q3 sales rise could signal positive momentum for 2024

Date : 20 September 2023

Richard Green

Insight Manager

Ocado's Q3 sales increased by 7.2% to £569.6m thanks to the Big Price Drop campaign. They cut prices on 500+ items, boosting weekly orders by 1.9% to 381,000. In the last month of the quarter, they saw positive volume growth and a 4.2% increase in average basket value. "Perfect deliveries"…
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