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Ocado shares rise after Kroger agrees to pay $350 million compensation

ReutersDec 5, 2025 8:18 AM

Shares in British online supermarket and technology group Ocado OCDO.L rise 7.9% to 198.7p - stock among top gainers on FTSE mid-cap .FTMC

Ocado will receive a one-off $350 million cash payment from Kroger KR.N as the U.S. grocer decided to close three robotic warehouses and cancel a planned facility

OCDO reaffirms its goal to turn cash flow positive in FY26

As of last close, stock had fallen ~39% so far this year

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