UK's Ocado says talking to multiple potential partners in U.S.

Ocado said it is focused on winning new U.S. business, noting it is in talks with multiple retailers. The company also reiterated it is sticking to its forecasts for cash flow to turn positive, suggesting steady execution rather than a material change in outlook.

Analysis

Ocado said it is focused on winning new U.S. business, noting it is in talks with multiple retailers. The company also reiterated it is sticking to its forecasts for cash flow to turn positive, suggesting steady execution rather than a material change in outlook.