Starting June 30, Costco Executive Members in the US and Canada will receive a $10 monthly credit towards a delivery order on sameday.costco.com, sameday.costco.ca, or Costco via InstacartSAN FRANCISCO, June 11, 2025 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, today announced a new perk to enhance the value of Costco's Executive Membership. Starting June 30, Executive Members in the US and Canada will receive a $10 monthly credit toward sameday.costco.c ...

With nervous volatility at recent market tops, I continue to focus my energy on active stock picking, favoring "growth at a reasonable price" stocks that have broad resistance to a pullback in the macroeconomy. These stocks are becoming fewer and far between: yet I findWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry t ...

Expanded Partnership Helps Advertisers Unlock Closed-Loop Measurement on the Open Internet with Seamless Access to Instacart Retail Data, In-Flight OptimizationSAN FRANCISCO, June 10, 2025 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, today announced an expanded partnership with The Trade Desk (Nasdaq: TTD), a global advertising technology leader, to improve programmatic campaign performance on the open internet with retail media data. Instacart is the fi ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Instacart promoted its chief business officer to the company’s top leadership role.Chris Rogers will become CEO of the grocery delivery platform Aug. 15, according to a Wednesday (May 28) press release. He replaces Fidji Simo, who was recruited for a new role at OpenAI. Simo called Rogers “the right leader” for the company’s next stage.“He brings the kind of vision, operational excellence and customer obsession that will help Instacart play an even bigger role in people’s lives — and I couldn’t be more exci ...

Instacart announced on Wednesday that its chief business officer, Chris Rogers, has been appointed as the company's new CEO. The appointment is effective August 15. Rogers will also join Instacart's Board of Directors. Rogers joined Instacart in 2019 after nearly 11 years at Apple, where he served as the Managing Director for Apple Canada. He began his career at Procter and Gamble, where he led relationships with Canada's largest national grocery retailers, Instacart says. "Instacart sits at the center of h ...

"Over the last four years, we've transformed Instacart into a growing, profitable, leading technology platform that's helping reshape the grocery industry. We're building a generational company at the intersection of technology and food, and Chris is the right leader for our next chapter. He brings the kind of vision, operational excellence, and customer obsession that will help Instacart play an even bigger role in people's lives — and I couldn't be more excited to see how Chris scales the company's impact ...

U.S. retail sales slowed in April compared to the prior month. However, the sector has shown immense resilience amid price pressure and tariff threats. Retail sales grew in April, which is a positive sign for the sector and the economy.Moreover, President Donald Trump announced a temporary pause on tariffs after the United States and China reached a trade truce last weekend. Also, the White House said that more trade deals are upcoming as negotiations with other countries are ongoing.This is likely to benef ...

纪要涉及的公司 Instacart，一家北美领先的杂货科技公司，与超1800个零售品牌在其市场合作，还为约600个零售品牌提供企业店面支持[3] 纪要提到的核心观点和论据 管理层变动 - 核心观点：CEO Fiji Simo卸任，董事会倾向内部候选人接任，预计数周内明确新领导，Fiji将留任董事会主席以确保过渡连续性[6][7] - 论据：Fiji过去四年为公司奠定良好基础，公司连续多个季度两位数增长，管理团队协作良好且战略清晰[5] 业务重点与优先事项 - 核心观点：公司目标是推动在线渗透率，聚焦零售商关系、运营效率和数据利用，以实现业务增长和盈利提升[8][9] - 论据：通过与零售商合作实现独特整合，提供节省成本的服务；运营上高效配送并降低成本，将节省资金再投资；利用数据提供更好库存管理和个性化服务，过去几个季度业绩良好且盈利持续提升[10][11][12] 经济环境应对 - 核心观点：目前未观察到客户行为因宏观环境变化而改变，对应对未来环境有信心[13][16] - 论据：杂货是必需品，配送的便利性受消费者重视，即使在经济困难时期，消费者也愿意为便利付费；公司在不同环境中都能适应和发展[14][15] GTV增长驱动因素 - 核心观点：通过吸引新用户、重新激活老用户、拓展用例和优化平台等多方面举措，实现GTV持续两位数增长[18][25] - 论据：新用户获取通过营销等手段，且当前新用户数量多于疫情前；老用户重新激活通过营销、激励和提升平台体验；拓展用例如增加餐厅服务和降低最低篮筐尺寸，都带来了订单频率和GTV的增长[19][20][21] 与Uber合作影响 - 核心观点：与Uber Eats的合作形成良性循环，增加用户使用频率和在杂货上的支出，未来仍有增长空间[27][29] - 论据：餐厅服务作为Instacart Plus会员福利，让用户更频繁打开应用，采用餐厅服务的用户会在杂货上花费更多；虽然随着合作时间推移，增长贡献可能会适度调整，但不会出现大幅下滑[28][29] 降低最低篮筐尺寸的经济考量 - 核心观点：降低Instacart Plus会员最低篮筐尺寸至10美元，可扩大服务范围，虽目前经济效率未完全优化，但已取得进展[30][31] - 论据：公司在大篮筐业务领先，降低最低篮筐尺寸可满足用户不同需求，避免因费用问题导致用户流失；公司订单规模和密度允许叠加小篮筐订单，且小篮筐更易批量处理，能提高效率并带来生态系统效益[31][32][34] 交易收入效率与投资方向 - 核心观点：通过提升购物者效率降低成本，将节省资金再投资于交易收入和其他领域，以实现业务增长和盈利提升[35][41] - 论据：购物者效率提升体现在订单密度、应用技术支持、批量处理等方面；投资方向包括提高产品性价比、拓展用例和加强合作等[36][37][42] 交易费率展望 - 核心观点：交易费率将在一定范围内波动，公司更关注整体盈利目标，会根据投资回报率进行资金再分配[44][48] - 论据：长期交易费率目标为6.5% - 7.5%，目前处于该范围；投资策略会影响交易费率，但只要能推动盈利增长，季度间的费率波动不影响长期发展[44][45][49] 广告业务增长驱动 - 核心观点：通过扩大规模、投资技术、创新广告形式和拓展客户关系，实现广告业务可持续增长，目标是达到GTV的4% - 5%[50][52] - 论据：公司平台规模大，与众多零售商和合作伙伴合作；拥有最佳ROAS和15%的销售提升能力；通过与不同规模的广告商建立关系，实现业务多元化增长[52][53][54] 利润率扩张 - 核心观点：公司致力于EBITDA的绝对和利润率扩张，会通过合理资金分配和再投资来平衡新增长举措的低利润率贡献[57][58] - 论据：在追求市场机会时，会从其他方面节省资金来支持新业务；只要整体EBITDA持续提升，就会利用低线上渗透率的机会进行再投资[57][58] 人工智能应用 - 核心观点：公司在平台广泛应用AI，涵盖物流、消费者体验和库存管理等领域，未来有更多发展空间[62][63] - 论据：87%的代码部署使用了AI；AI在物流中已发挥重要作用，通过生成式AI进一步提升能力；在消费者体验方面，推出SmartShop提供个性化服务；利用AI扫描货架帮助管理库存[62][63][64] 资本分配策略 - 核心观点：公司资本分配策略为机会主义，未来将继续进行股票回购[67][69] - 论据：2024年因股票市场波动和早期股东需求，进行了多次股票回购；2025年第一季度回购了9400万美元股票，且仍有未使用的回购资金[67][68][69] 其他重要但是可能被忽略的内容 - 公司部分声明为前瞻性陈述，存在风险和不确定性，实际结果可能与预期有重大差异，相关风险因素可参考最新的Form 10 - Q[1] - 会议中提到的非GAAP财务指标，其对账信息可在Cart的投资者关系网站获取[2]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41805 MAPLEBEAR INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or or ...