GO News and Press, Grocery Outlet Holding Corp. From 08/08/23

Net sales increased 12.5% and achieved first quarterly $1 billion net sales performance in Company's history Comparable store sales increased 9.2% GAAP net income increased 21.8% with diluted EPS of $0.24 Adjusted EBITDA (1) increased ...

2023-08-04 19:00:55 ET Crude oil tallied its sixth straight weekly gain, the longest streak in more than a year, after Saudi Arabia and Russia extended their supply cuts into next month and U.S. crude inventories fell by a record 17M barrels . Front-month Nymex crude ( CL1:COM...

EMERYVILLE, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the second quarter of fiscal 2023 will be released after the market close on Tuesday, August 8, 2023. The company will ho...

2023-07-17 00:08:47 ET Summary Tesco is the leading supermarket retailer in the UK. It has navigated increased competition and is set for growth in line with economic development. The company's scale/geographical reach, multi-format approach, robust online presence, and innovation...

2023-06-21 13:40:12 ET Summary Grocery Outlet reported strong Q1 earnings with comp sales growth of 12.1% YoY, beating expectations with an EPS of $0.27. The company raised its guidance for the year, expecting comp sales growth of 5.5% and an EPS of $0.98 at mid-point. Its str...

2023-06-21 07:20:16 ET Summary Grocery Outlet continues to demonstrate solid business growth and operating margins. Decreasing food inflation could put pressure on revenue growth rates throughout 2023. I believe that at the moment Grocery Outlet stock is still highly valued re...

2023-06-21 05:02:47 ET Summary Grocery Outlet's strong financial performance and declining share price make it a more appealing prospect than it was previously. The company's growth has not been enough to justify the market's high premium, which is what has caused a lot of its pai...

2023-06-19 17:39:36 ET 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 Entreprene...

2023-05-16 08:55:55 ET Retail sales rose less than expected in April as some signs of consumer pullback and inflation moderation crept into the report. The grocery store category stood out with a 0.4% decline in April from March and only a modest 3.7% year-over-year rise. In general, higher...

2023-05-10 02:00:25 ET Image source: The Motley Fool. Grocery Outlet (NASDAQ: GO) Q1 2023 Earnings Call May 09, 2023 , 4:30 p.m. ET Operator Continue reading For further details see: Grocery Outlet (GO) Q1 2023 Earnings Call Transcript