Announcement • 5h
Instacart and Weis Markets Launch AI-Powered Caper Carts At Select Weis Locations in Pennsylvania Instacart and Weis Markets announced the launch of Caper Carts at select Weis locations in Pennsylvania with additional rollouts planned throughout the year. Powered by Instacart's AI-driven Connected Stores technology, Caper Carts transform the in-store experience with a smart, digital-first cart that puts convenience, savings, and personalization directly in the hands of customers. With Caper Carts, Weis customers can track their spend in real time as they shop and will have access to Caper exclusive coupons, including on-cart, location-based digital deals that customers can clip during their shopping trip. Customers will be able to sign up for a Weis Rewards account directly on the cart, and Weis Rewards members can also redeem loyalty benefits directly from the cart. Once loyalty accounts are linked, customers gain access to enhanced features including Buy It Again, which surfaces previously purchased items to help build baskets more efficiently. Weis will also launch on-cart advertising with Caper Carts, opening up opportunities for brands to reach customers while shopping. Features like the 'Got everything you need?' prompt are already showing how real-time, location-aware prompts can influence customer purchasing behavior by driving a nearly one percentage point lift in basket size on average. Caper Carts are equipped with basket-facing camera sensors, weights & measures-certified scales, location-tracking systems, outward-facing cameras, and an intuitive touchscreen that makes every trip more informed and rewarding. The technology is part of Instacart's broader approach to Physical AI for grocery, combining edge computing on Caper Carts with cloud AI trained on more than 1.6 billion online grocery orders and a decade of grocery expertise. By bringing together in-store and online retailer data, Instacart builds a real-time understanding of customers, shelves, and store activity. Retailers benefit with increased sales, reduced out-of-stocks, and retail media revenue and customers benefit with more personalized shopping experiences and savings opportunities. Caper Carts now span more than 100 cities across 15 states and are available across more than a dozen retail banners, including Kroger, Schnucks, and Wakefern banners (ShopRite, Fairway Market), Coles in Australia, with Morrisons in the UK coming later this year. Instacart has tripled the number of Caper Carts deployed year-over-year. Buy Or Sell Opportunity • May 28
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.6% to US$74.29. The fair value is estimated to be US$61.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.2%. Board Change • May 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Independent Director Dennis Hatchell was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
