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Instacart Announces Fourth Quarter and Full Year 2024 Financial Results

1. Instacart releases Q4 and full-year 2024 financial results; details online. 2. Conference call scheduled today at 2:00 p.m. PT; webcast available online. 3. Earnings update may influence CART's market sentiment; investors await performance insights. 4. Strong industry partnerships underscore Instacart’s role in grocery technology innovation.

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FAQ

Why Neutral?

Earnings releases are routine and often have limited immediate impact unless there is a significant surprise. Historically, without unexpected beats or misses, stocks like CART exhibit only transient volatility.

How important is it?

As a primary performance indicator, earnings updates are pivotal for investor decisions. However, in the absence of detailed figures, the overall impact remains moderate.

Why Short Term?

Earnings announcements typically trigger immediate price reactions that stabilize after market digestion. For example, prior earnings updates have led to short-term price swings followed by normalization.

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, /PRNewswire/ -- Instacart (NASDAQ: CART) today released financial results for its fourth quarter and full year ended December 31, 2024. These financial results are available within Instacart's fourth quarter 2024 Shareholder Letter, which can be found on the company's Investor Relations website at https://investors.instacart.com/. Instacart management will host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today. An audio webcast of the conference call will be available on the company's Investor Relations website at https://investors.instacart.com/. About Instacart Instacart, the leading grocery technology company in North America, works with grocers and retailers to transform how people shop. The company partners with more than 1,800 national, regional, and local retail banners to facilitate online shopping, delivery and pickup services from nearly 100,000 stores across North America on the Instacart Marketplace. Instacart makes it possible for millions of people to get the groceries they need from the retailers they love, and for approximately 600,000 Instacart shoppers to earn by picking, packing and delivering orders on their own flexible schedule. The Instacart Platform offers retailers a suite of enterprise-grade technology products and services to power their e-commerce experiences, fulfill orders, digitize brick-and-mortar stores, provide advertising services, and glean insights. With Instacart Ads, thousands of CPG brands – from category leaders to emerging brands – partner with the company to connect directly with consumers online, right at the point of purchase. With Instacart Health, the company is providing tools to increase nutrition security, make healthy choices easier for consumers, and expand the role that food can play in improving health outcomes. For more information, visit www.instacart.com/company, and to start shopping, visit www.instacart.com. Maplebear Inc. is the registered corporate name of Instacart. SOURCE Maplebear Inc. dba Instacart WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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