Instacart (CART, Financial) was highlighted in Seven Corners Capital's Q4 2024 letter for its impressive 76% stock appreciation, significantly outperforming the S&P 500. The company's robust business model continues to thrive post-pandemic, with increased Gross Transaction Value and revenue growth. Instacart's virtuous cycle of consumer adoption and service improvement is expected to drive further shareholder value.
"The more consumers realize that ordering their groceries and other household items via CART is saving them large chunks of time (and time, of course, is money) without any meaningful sacrifice in the quality of selection, the more often they use the service." — Seven Corners Capital, Q4 2024 Fund Letter
Read full letter at gurufocus Seven Corners Capital 2024 Q4 page.