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Stock impact report

Grocery Outlet Q3 Earnings & Sales Beat Estimates, Comps Jump 1.2% [Yahoo! Finance]

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Both top and bottom lines surpassed the Zacks Consensus Estimate. While net sales improved, earnings declined from the year-ago period. The company's net sales growth in the third quarter highlights the strong positioning of its consumer offering, with value continuing to resonate in the market and driving growth in consumer non-discretionary spending share. Grocery Outlet Holding Corp. price-consensus-eps-surprise-chart | Grocery Outlet Holding Corp. Quote Grocery Outlet's adjusted earnings of 28 cents per share beat the Zacks Consensus Estimate of 27 cents but declined from 31 cents delivered in the year-ago quarter. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Net sales of $1,108.1 million beat the Zacks Consensus Estimate of $1,100 million. The top line grew 10.4% year over year. This outperformance was driven by decent comparable store sales performance and new stores opened. Comparable store sales increased 1.2% in the quarter, driven by a 2% Show less Read more
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