Published May 6, 2026, 7:02 AM ET · Updated 6 months ago · 1 source

Instacart sees key quarterly sales metric above estimates on strong demand

reuters
reuters
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Original Report

May 6 (Reuters) - Instacart (CART.O) , opens new tab forecast second‑quarter gross transaction value largely above Wall Street expectations on Wednesday, betting on ​strong demand for its online grocery delivery services.The ‌company, formally known as Maplebear, said it has seen steady demand from both budget‑conscious shoppers as well as higher‑income households seeking cheaper essentials ​and fast, convenient delivery.Instacart was "seeing strength with the ​consumer" and has not seen anythin