Grocery Outlet Analysts Slash Their Forecasts Following Q3 Results
Grocery Outlet Holding Corp (NASDAQ:GO) reported upbeat earnings for its third quarter on Tuesday. The company posted quarterly earnings of 28 cents per share which beat the analyst consensus estimate of 27 cents per share.
Grocery Outlet Q3 Earnings & Sales Beat Estimates, Comps Jump 1.2%
GO reports Q3 2024 results with a 10.4% net sales increase, driven by solid comparable store sales performance and the addition of new store openings.
Grocery Outlet earnings top Wall Street estimates
Grocery Outlet expects full-year earnings in the range of 77 cents to 80 cents per share, with revenue expected to be $4.35 billion. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GO at https://www.zacks.com/ap/GO
Grocery Outlet (NASDAQ:GO) Shares Up 14.8% on Strong Earnings
Grocery Outlet Holding Corp. (NASDAQ:GO – Get Free Report)’s stock price rose 14.8% during mid-day trading on Wednesday following a stronger than expected earnings report. The stock traded as high as $16.
Grocery Outlet options imply 8.2% move in share price post-earnings
Pre-earnings options volume in Grocery Outlet (GO) is normal with puts leading calls 2:1. Implied volatility suggests the market is
Grocery Outlet: Q3 Earnings Snapshot
Grocery Outlet (GO) on Tuesday reported third-quarter profit of $24.2 million. The Emeryville, California-based company said it had profit of 24 cents per share. Earnings, adjusted for non-recurring costs and stock option expense,
Grocery Outlet (GO) Q3 2024 Earnings Call Transcript
Operator Greetings, and welcome to the Grocery Outlet fiscal third quarter 2024 earnings results conference. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation.
Grocery Outlet to refocus on value to right the ship
Lindberg, who is stepping in as interim president and CEO, said in the earnings call that system upgrades for the retailer ...
Grocery Outlet price target lowered to $17 from $20 at Craig-Hallum
Craig-Hallum analyst Jeremy Hamblin lowered the firm’s price target on Grocery Outlet (GO) to $17 from $20 and keeps a Hold rating on the ...
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Grocery Outlet’s Sales Remain Strong Amid Challenges
For Q3, Grocery Outlet's gross margin decreased by 30 basis points to 31.1%. Selling, general and administrative expenses ...
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7 notable grocery executive changes from October
Top executives at Grocery Outlet and Amazon stepped down while Albertsons announced a new chairman as part of several updates ...
Grocery Outlet Holding: No Signs Of SSS And Gross Margin Improvement Anytime Soon
Grocery Outlet Holding's 3Q24 earnings show further SSS deceleration and worsening unit economics. See why I continue to rate GO stock as a sell.
Grocery Outlet signs lease for former Dave’s Market space in Cleveland Heights
Grocery Outlet has also signed a lease for about 26,000 square feet of what used to be a Bed, Bath & Beyond at Ridge Park ...
Grocery Outlet scion's Pacific Heights luxury home takes price cut
PHOTOS: MacGregor Read is the grandson of James Read, founder the forerunner to Grocery Outlet in San Francisco back in 1946.
Grocery Outlet price target lowered to $16 from $21 at UBS
UBS lowered the firm’s price target on Grocery Outlet (GO) to $16 from $21 and keeps a Neutral rating on the shares. The company is ...