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Eagle Eye Solutions shares rise as secures ‘major’ US contract

ALN

Eagle Eye Solutions Group PLC on Tuesday said it has inked a ‘major’ multi-year contract with New Jersey-based retailer-owned supermarket cooperative, Wakefern Food Corp.

Shares in the London-based provider of software-as-a-service marketing solutions shot up 8.9% to 305.00 pence around midday on Tuesday in London, for a market capitalisation of £91.4 million.

Eagle Eye said the ‘substantial contract’ sees Wakefern utilise its AIR platform and AI-powered Personalized Challenges and Personalized Promotion solutions to support its customer loyalty platforms.

The company expects the programme to commence in the middle of this year, with it anticipating a ‘material contribution’ to annual recurring revenue. It added that this gives support to its full-year expectations.

Eagle Eye noted the contract marks its fourth win in North America in financial 2026.

‘Wakefern’s choice to partner with Eagle Eye reflects the increasing demand among leading US grocers and retailers for real-time, data-driven customer engagement at scale. Adding this leading retailer to our client roster shows the growing momentum behind Eagle Eye in the world’s largest loyalty market, backed by three further US wins already in FY26,’ said Eagle Eye Chief Executive Tim Mason.

‘By selecting both our AIR platform and AI capabilities, Wakefern is bringing loyalty and personalisation together in a more powerful way and we are excited to support Wakefern on its journey to deepen relationships with its customers.’

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