Instacart to Report Fourth Quarter and Full Year 2023 Financial Results on February 13, 2024

Rhea-AI Summary

Instacart (NASDAQ: CART) will report its Q4 and full year 2023 financial results on February 13, 2024. The Shareholder Letter will be available on the Investor Relations website. The company will host a conference call to discuss the results. IPO lock-up and market stand-off agreements will terminate on February 15, 2024.

SAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its fourth quarter and full year 2023 financial results after market close on Tuesday, February 13, 2024. The company's fourth quarter 2023 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com.

Instacart management will also host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Tuesday, February 13. To access a live webcast of the conference call, please visit the Investor Relations website at https://investors.instacart.com. After the call concludes, a replay will be made available on the Investor Relations website.

Instacart uses and intends to continue to use its Investor Relations website as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor the company's Investor Relations website, press releases, SEC filings, public conference calls, and public webcasts, in addition to following the company's blog, which is located at www.instacart.com/company/blog.

IPO Lock-up Termination

At the opening of regular trading on Thursday, February 15, 2024, the lock-up and market stand-off agreements executed by Instacart's directors, officers, and holders of substantially all of Instacart's common stock and securities exercisable for or convertible into Instacart's common stock will terminate.

About Instacart

Maplebear Inc. dba 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 1,400 national, regional, and local retail banners to facilitate online shopping, delivery and pickup services from more than 80,000 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.

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SOURCE Maplebear Inc. dba Instacart

FAQ

When will Instacart report its Q4 and full year 2023 financial results?

Instacart will report its Q4 and full year 2023 financial results after market close on Tuesday, February 13, 2024.

Where will the Shareholder Letter be available?

The Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com.

When will the IPO lock-up and market stand-off agreements terminate?

The lock-up and market stand-off agreements will terminate at the opening of regular trading on Thursday, February 15, 2024.