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1 Year | 5 Year | 5 Year Annualized | Since IPO | |
---|---|---|---|---|
OCDO | -31.16% | -89.3% | -36.04% | +50% |
S&P | +15.06% | +95.03% | +14.29% | +530% |
Ocado Group Plc engages in the operation of online grocery supermarket. It operates through the following segments: Retail, UK Solutions & Logistics, and International Solutions. The Retail segment provides online grocery and general merchandise offerings to customers within the UK. The UK Solutions & Logistics segment reflects contracts with the Ocado Retail joint venture and Morrisons, inclusive of both solutions contracts and service agreements with Ocado Logistics for the provision of third party logistics and other services. The International Solutions segment deals with international partners for the provision of Ocado Smart Platform. The company was founded by Jonathan Faiman, Jason Gissing, and Timothy Steiner in April 2000 and is headquartered in Hatfield, the United Kingdom.
Ocado stock is still down 6% year to date even with today's explosive rally.
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