CART Stock Recent News

Maplebear Inc. (NASDAQ:CART ) Q1 2025 Earnings Call May 1, 2025 5:00 PM ET Company Participants Rebecca Yoshiyama - Investor Relations Fidji Simo - Chief Executive Officer Emily Reuter - Chief Financial Officer Conference Call Participants Colin Sebastian - Baird Nikhil Devnani - Bernstein Bernie McTernan - Needham & Company Deepak Mathivanan - Cantor Fitzgerald Mark Zgutowicz - Benchmark Andrew Boone - Citizens Eric Sheridan - Goldman Sachs Lee Horowitz - Deutsche Bank Jason Helfstein - Oppenheimer Shweta Khajuria - Wolfe Research Miles Jakubiak - KeyBanc Operator Good day and thank you for standing by. Welcome to Instacart's First Quarter 2025 Financial Results Conference Call.

The headline numbers for Maplebear (CART) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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.

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.

SAN FRANCISCO , May 1, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its first quarter ended March 31, 2025. These financial results are available within Instacart's first quarter 2025 Shareholder Letter, which can be found on the company's Investor Relations website at https://investors.instacart.com/.

Grocery-delivery giant Instacart announced Thursday the acquisition of Wynshop, a provider of cloud-based e-commerce solutions for grocers. The deal will help Instacart improve its enterprise solutions, enabling retailers to enhance their online experiences.

Acquisition of Wynshop builds upon Instacart ' s retailer relationships, and creates opportunity to bring Instacart ' s full suite of enterprise solutions to Wynshop partners to help them grow their business SAN FRANCISCO , May 1, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced its acquisition of Wynshop, a provider of e-commerce solutions for leading grocers and retailers, including Wakefern, Pattison, and more than a dozen more across North America and abroad. The acquisition of Wynshop builds upon Instacart's relationships with retail partners and reinforces Instacart's continued commitment to providing retailers with cutting-edge tools and technologies that help drive their business growth.

Instacart is a strong buy due to its minimal impact from tariffs, robust growth, and recent stock dip, presenting a buying opportunity. The company is enhancing operational efficiencies, such as multi-store fulfillment and lower delivery minimums, boosting customer satisfaction and GTV. Instacart's advertising revenue, driven by AI personalization, is a significant growth area, contributing to its attractive valuation multiples.

NEW YORK--(BUSINESS WIRE)--Balance, a financial infrastructure for B2B commerce, is proud to announce a collaboration with Instacart Business to introduce embedded invoicing as a payment method within the Instacart platform. Instacart Business customers can now apply for invoicing, receive instant credit decisions, and manage payments directly within the app—no redirects or third-party logins. The white-labeled solution gives Instacart full control of the end-to-end user journey, while deliveri.

SAN FRANCISCO , April 10, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its first quarter 2025 financial results after market close on Thursday, May 1, 2025. The company's first quarter 2025 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com.