Grocery Outlet Holding Corp. Announces Third Quarter Fiscal 2024 Financial Results
Grocery Outlet Holding Corp. (GO)
Last grocery outlet holding corp. earnings: 3/24 04:05 pm
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Source: GlobeNewswire
Q3 fiscal 2024 net sales increased 10.4%Q3 fiscal 2024 comparable store sales grew 1.2%, driven by a 2.0% increase in transactionsCompany updates key guidance for fiscal 2024 EMERYVILLE, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the third quarter of fiscal 2024 ended September 28, 2024. Highlights for Third Quarter Fiscal 2024 as compared to Third Quarter Fiscal 2023: Net sales increased by 10.4% to $1.11 billion.Comparable store sales increased by 1.2%, driven by a 2.0% increase in the number of transactions, partially offset by a 0.7% decrease in average transaction size.The Company opened 5 new stores, ending the quarter with 529 stores in 16 states.Gross margin decreased by 30 basis points to 31.1%.Selling, general and administrative expenses increased by 9.5% to $304.6 million, or 27.5% of net sales.Net income decreased 10.9% to $24.2 million, or $0.24 pe
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News
- ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Grocery Outlet Holding Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - GOGlobeNewswire
- Grocery Outlet Holding Corp. (GO) Investors: March 31, 2025 Filing Deadline in Securities Class Action - Contact Kessler Topaz Meltzer & Check, LLPGlobeNewswire
- Levi & Korsinsky Reminds Grocery Outlet Holding Corp. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 31, 2025 - GOPR Newswire
- GO LAWSUIT ALERT: Levi & Korsinsky Notifies Grocery Outlet Holding Corp. Investors of a Class Action Lawsuit and Upcoming DeadlineGlobeNewswire
- ONGOING DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Grocery OutletPR Newswire
GO
Earnings
- 11/5/24 - Beat
GO
Sec Filings
- 2/11/25 - Form 3
- 2/5/25 - Form 4
- 2/4/25 - Form 144
- GO's page on the SEC website