Grocery Outlet(GO)

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Grocery Outlet Q1 Earnings Surpass Estimates, Margin Expands
ZACKS· 2025-05-07 16:15
Grocery Outlet Holding Corp. (GO) reported first-quarter 2025 results, wherein the top line was slightly short of the Zacks Consensus Estimate but increased year over year. Meanwhile, earnings surpassed the Zacks Consensus Estimate and improved from the same period last year.Grocery Outlet's first-quarter results highlight solid performance, with comparable store sales and gross margins coming in slightly ahead of expectations, driven by increased store traffic and improved inventory management. The company ...
Grocery Outlet Enlists iFoodDS for FSMA 204 Traceability Compliance
Prnewswire· 2025-05-07 12:30
EMERYVILLE, Calif. and SEATTLE, May 7, 2025 /PRNewswire/ -- iFoodDS, a leading provider of food traceability software, today announced Grocery Outlet (NASDAQ: GO), a leading extreme-value grocery retailer, will implement its traceability software for FSMA 204 compliance. Grocery Outlet Logo Grocery Outlet Logo The Food Traceability Final Rule, FSMA 204, establishes traceability recordkeeping requirements for businesses that manufacture, process, pack, or hold certain foods to facilitate faster identificatio ...
Grocery Outlet Holding Corp. (GO) Q1 Earnings Surpass Estimates
ZACKS· 2025-05-06 22:35
Grocery Outlet Holding Corp. (GO) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 85.71%. A quarter ago, it was expected that this supermarket company selling discount, overstocked and closeout products would post earnings of $0.17 per share when it actually produced earnings of $0.15 ...
Grocery Outlet(GO) - 2025 Q1 - Earnings Call Transcript
2025-05-06 20:30
Grocery Outlet (GO) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Speaker0 Good afternoon, and welcome to Grocery Outlet's call to discuss financial results for the first quarter ended 03/28/2025. Speaking from management on today's call will be Jason Potter, president and chief executive officer and Chris Miller, chief financial officer. Following prepared remarks from Jason and Chris, we will open the call for questions. Please note that this conference call is being webcast live and a recording will be ...
Grocery Outlet(GO) - 2025 Q1 - Quarterly Results
2025-05-06 20:05
Exhibit 99.1 Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2025 Financial Results Emeryville, CA – May 6, 2025 – Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet," the "Company," "we" or "our") today announced financial results for the first quarter of fiscal 2025 ended March 29, 2025. Highlights for First Quarter Fiscal 2025 as compared to First Quarter Fiscal 2024: "We delivered solid first quarter results, with comp-store sales and gross margins slightly ahead of our outlook, driv ...
Grocery Outlet to Post Q1 Earnings: What Investors Need to Know
ZACKS· 2025-05-05 14:05
As Grocery Outlet Holding Corp. (GO) prepares to announce its first-quarter fiscal 2025 earnings results on May 6, after the market closes, investors are closely watching to see how the company has performed amid challenges and growth opportunities in the competitive grocery sector.The Zacks Consensus Estimate for revenues is pegged at $1,128 million, suggesting a solid 8.8% improvement over the prior-year period. However, the company’s bottom line is expected to face pressure. The Zacks Consensus Estimate ...
GROCERY OUTLET ALERT: Bragar Eagel & Squire, P.C. is Investigating Grocery Outlet Holding Corp. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-04-30 01:00
NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Grocery Outlet Holding Corp. (NASDAQ:GO) on behalf of long-term stockholders following a class action complaint that was filed against Grocery Outlet on January 30, 2025 with a Class Period from August 9, 2023, to October 29, 2024. Our investigation concerns whether the board of directors of Grocery Outlet have breached their fiduciary dutie ...
Grocery Outlet Holding Corp. (GO) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
ZACKS· 2025-04-29 15:07
The market expects Grocery Outlet Holding Corp. (GO) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected t ...
Grocery Outlet Announces Winners of Free Groceries for Life Sweepstakes
GlobeNewswire· 2025-04-28 12:30
Westminster and Hidden Valley Lake, Calif. shoppers named grand prize winners, each receiving winnings valued at $240,000 Grocery Outlet also selected 10 people to win free groceries for a year (valued at $6,000) and 20 people to win free groceries for a month (valued at $500). About Grocery Outlet Based in Emeryville, California, Grocery Outlet is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold primarily through a network of independently operated stores. Gr ...
Sprouts vs. Grocery Outlet: Which Grocery Stock is a Better Bet Now?
ZACKS· 2025-04-22 15:55
Sprouts Farmers Market Inc. (SFM) and Grocery Outlet Holding Corp. (GO) are both well-established names in the grocery retail space, offering a strong focus on value and quality. Sprouts Farmers specializes in fresh, natural and organic offerings, positioning itself as a destination for health-conscious shoppers. Grocery Outlet, on the other hand, attracts budget-focused customers by offering name-brand products at discounted rates, often through opportunistic purchasing.Despite their different strategies, ...