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
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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%
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News
- Lead Independent Director of Grocery Outlet Holding Picks Up 21% More Stock [Yahoo! Finance]Yahoo! Finance
- Target (TGT) Q3 Earnings: What To Expect [Yahoo! Finance]Yahoo! Finance
- Grocery Outlet Holding Third Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Grocery Outlet Holding Corp. (NASDAQ: GO) had its price target lowered by analysts at UBS Group AG from $21.00 to $16.00. They now have a "neutral" rating on the stock.MarketBeat
- Grocery Outlet to refocus on value to right the ship [Yahoo! Finance]Yahoo! Finance
GO
Earnings
- 11/5/24 - Beat
GO
Sec Filings
- 11/18/24 - Form 4
- 11/15/24 - Form SCHEDULE
- 11/14/24 - Form SC
- GO's page on the SEC website