GO - Director At Grocery Outlet Holding Buys $1.03M of Stock | Benzinga
Erik Ragatz, Director at Grocery Outlet Holding (NASDAQ:GO), reported an insider buy on March 26, according to a new SEC filing.
What Happened: In a Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission, it was disclosed that Ragatz bought 36,500 shares of Grocery Outlet Holding, amounting to a total of $1,031,015.
During Wednesday's morning session, Grocery Outlet Holding shares up by 3.05%, currently priced at $28.71.
All You Need to Know About Grocery Outlet Holding
Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible buying model allows them to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.
Grocery Outlet Holding: A Financial Overview
Revenue Growth: Grocery Outlet Holding's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 6.34%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average ...