groceries

Maplebear Inc (NASDAQ:CART) reported first-quarter financial results Thursday after the market close. Shares are moving higher, despite slightly missing analyst estimates. Here’s a rundown of the print. Q1 Revenue: $897 million, versus estimates of $898.02 million Q1 EPS: 37 cents, versus...

Egg prices in the U.S. have risen 60% over the past year, due in large part to the bird flu ravaging commercial flocks. Here's a look at why experts see the prices continuing to climb.  The Details: The average price for a dozen large, grade-A eggs rose 60% over the past year, reaching $4.15 in...

Economists and experts expect June inflation to come in lower than past months when the Consumer Price Index is reported on Thursday. While inflation is dropping in recent reports, consumers continue to see higher costs than in past months and years. What Happened: Wall Street economists expect...

Kroger Co (NYSE:KR) shares were rising in early trading on Tuesday. While the stock has been under pressure on fears of rising competition, the company's industry positioning "allows it to continue managing the competitive environment" with stable gross margins, according to BMO Capital Markets....

BJ's Wholesale Club Holdings Inc (NYSE: BJ) shares were in focus last week after one of its deli meat vendors was forced to file for bankruptcy. The company’s grocery business is poised to benefit from a return of volume growth, while the inflation outlook “also appears supportive,...

Costco Wholesale Corporation (NASDAQ:COST) stock is trading at new 52-week high levels. Following a seven-day rally, the stock briefly touched the $683.72 level on Jan. 12, closing out at $683.24. The stock has had a pretty good run over the past year, up about 45%. Costco stock is making new...

The prices of many food items have soared over the past several years, making it more costly for consumers to make their grocery trips as they deal with the impact of higher inflation. Among the items that saw a sharp rise in price were eggs, which also became the subject of memes and calls for...

Albertsons Companies, Inc. (NYSE: ACI) reported first-quarter net sales of $24.05 billion, beating the analyst consensus of $23.95 billion. Sales rose 3.17% Y/Y. The company reported adjusted EPS of $0.93, beating the street view of $0.85. The increase was driven by the company's...

Food inflation is now up 11.2% for the 12 months ending in September, and the figure has a striking detail: food at home inflation is up 13%, while food away from home is only up 8.5% over the last 12 months. Here's why one analyst is bullish on a restaurant stock against today's...

Apple, Inc. (NASDAQ: AAPL) is reportedly exploring a new addition to its Services business, underlining Cupertino's focus on this rapidly-growing unit. What Happened: Apple has considered launching an Instacart-like service and has also discussed ways of differentiating it from the incumbent,...

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 28.8%. But there is no question some big-name stocks performed better than others along the way. Costco's Big...

January was the peak sales month for online grocery sales, reaching $9.3 billion during the month, according to a Brick Meets Click/Mercatus Grocery Shopping Survey conducted Jan. 28-31. Sales in February started to fall, dropping 14% to $8 billion, and have remained on a slow decline since, as...

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Just three months after its global launch, last-mile grocery and retail delivery platform JOKR has raised $170 million in a Series A investment round led by GGV Capital, Balderton Capital and Tiger Global Management. The round was joined by Activant Capital, Greycroft, Fabrice Grinda's FJ Labs, as...

Grocery distribution to Fred Meyer stores in the Pacific Northwest and Alaska could be disrupted starting Sunday if unionized warehouse workers vote to strike after talks on a new contract broke down.  Meanwhile, spokespersons said representatives for the Teamsters union reached a tentative...