Search and compare Media and Public Relations firms to publicize your business and enhance its reputation.
Welcome Guest | Sign In

Stock Watch: Peapod's Sales Are Down

By Andy Wang E-Commerce Times ECT News Network
Apr 30, 1999 12:00 AM PT

Shares of online grocer Peapod (Nasdaq: PPOD) fell 13-16 to 12-3/16 on Thursday one day after the company announced its first-quarter results. Peapod's loss of 29 cents a share was one cent less than analysts surveyed by First Call expected, but the company's net sales of $18 million were less than the $18.9 million reported for the first quarter last year.

Peapod could soon have a major battle on its hands from competitor On Thursday, announced that it is gearing up for its national expansion and has become the first investment of former Netscape president and CEO James Barksdale's new investment group. Barksdale has joined the board of directors of, which launched last year and currently operates only in the Seattle area.

Facebook Twitter LinkedIn Google+ RSS
What should be done about UFOs?
World governments should cooperate to address a potential planetary threat.
The DoD should investigate -- they could signal a hostile nation's tech advances.
The government should reveal what it already knows.
The government probably has good reasons for secrecy and should be trusted on this.
Wealthy corporate space-age visionaries should take the lead.
Nothing. Studying UFOs is a waste of resources.
Keep the stories coming. People love conspiracy theories, and it's fun to speculate.