In February 2024, GO expanded by acquiring United Grocery Outlet (UGO), adding 40 stores in the Southeast. GO operates a unique quasi-franchise model where Independent Operators (IOs) manage the ...

For Q3, Grocery Outlet's gross margin decreased by 30 basis points to 31.1%. Selling, general and administrative expenses ...

GO reports Q3 2024 results with a 10.4% net sales increase, driven by solid comparable store sales performance and the ...

A concept that originated 40 years ago in the corner of an antique shop in East Tennessee has grown to 37 grocery outlets with locations in seven states. This week, United Grocery Outlet has even more ...

creating a “treasure hunt” shopping experience with prices 40-70% lower than traditional grocery stores. In February 2024, GO expanded by acquiring United Grocery Outlet (UGO), adding 40 stores in the ...

This includes the 40 acquired United Grocery Outlet stores and 26 net new organic store openings. In total, we now expect fiscal 2024 net sales of slightly above or $0.35 billion. We now expect ...

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.