Maplebear Inc. (CART) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.677 Good day and thank you for standing by. Welcome to Instacart's first quarter 2025 financial 00:00:05.677 -- 00:00:10.542 results conference call. At this time, all participants are in a listen-only mode. 00:00:10.542 -- 00:00:13.585 After the speaker's presentation, there will be a question and answer session. 00:00:13.585 -- 00:00:18.390 To ask a question during the session, you will need to press star 11 on your telephone. 00:00:18.390 -- 00:00:22.253 Please limit yourself to one question and one follow-up so that we will have enough time 00:00:22.253 -- 00:00:27.233 to address everyone's questions. Please be advised that today's conference is being recorded. 00:00:27.233 -- 00:00:32.880 I would now like to hand the conference over to Rebecca Yoshiyama, VP of Investor Relations, 00:00:32.880 -- 00:00:36.425 Capital Markets, and Treasury. Please go ahead. 00:00:36.425 -- 00:00:40.871 Thank you, Operator, and welcome everyone to Instacart's first quarter 2025 earnings 00:00:40.871 -- 00:00:45.396 call. On the call with me today are Fiji Simo, our Chief Executive Officer, and Emily 00:00:45.396 -- 00:00:49.662 Reuter, our Chief Financial Officer. During today's call, we will make forward-looking 00:00:49.662 -- 00:00:54.228 statements related to our business plans and strategy, impacts for macroeconomic conditions, 00:00:54.228 -- 00:00:58.451 and our future performance and prospects. including our expectations regarding our financial 00:00:58.451 -- 00:01:02.615 results. These forward-looking statements are subject to risks and uncertainties, which 00:01:02.615 -- 00:01:06.099 could cause actual results to differ materially from those anticipated. 00:01:06.099 -- 00:01:10.084 You can find more information about these risks and unce...