Grocery Outlet(GO)

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Why Grocery Outlet Holding Corp. (GO) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-04-30 14:45
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks S ...
Grocery Outlet (GO) Benefits From Innovative Retail Strategy
Zacks Investment Research· 2024-04-17 17:01
Grocery Outlet Holding Corp.’s (GO) innovative approach, characterized by its opportunistic sourcing and Independent Operator model, not only sets it apart in the competitive retail landscape but also positions it for substantial growth and customer satisfaction. By delivering exceptional value through steep discounts, and focusing on strategic expansion and customer engagement, Grocery Outlet is well-placed to continue its trajectory of success, enhancing its footprint and reinforcing its unique place in t ...
3 Consumer Staples Stocks to Buy as Rate Cuts Get Delayed
Zacks Investment Research· 2024-04-04 13:26
Consumer staples have been having a steady year, with the S&P 500 Select Sector SPDR (XLP) rising 6.2% over a 12-month period that ended in February. Per Zacks data, the consumer staples sector has grown 4.6% in the first quarter of 2024 itself.With inflation under control and no interest rate hikes expected in the year, it seems likely that the sector will continue to gain. The primary reason behind this is the availability of more cash in hand for consumers to spend. When rate hikes end, purchasing power ...
Grocery Outlet (GO) Completes Buyout of United Grocery Outlet
Zacks Investment Research· 2024-04-03 13:11
Grocery Outlet Holding Corp. (GO) finalized the purchase of United Grocery Outlet ("UGO"), a leading extreme value grocery retailer in the Southeastern United States. This strategic move is part of GO's expansion strategy, broadening its geographic reach beyond its traditional base. The acquisition, initially announced a while ago, has now come to an end, signifying an important step forward for the company in its efforts to grow and capture new markets.United Grocery Outlet, under the umbrella of Gen Cap A ...
Grocery Outlet Holding Corp. Closes Acquisition of United Grocery Outlet
Newsfilter· 2024-04-02 10:30
EMERYVILLE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet" or the "Company") today announced the closing of the previously announced acquisition of United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management. With 40 stores and a distribution center, the acquisition of UGO expands Grocery Outlet's presence in ...
Here's How Grocery Outlet (GO) Reinforces Its Market Position
Zacks Investment Research· 2024-04-01 16:41
In the dynamic retail landscape, wherein industry behemoths compete fiercely for market dominance and consumer allegiance, Grocery Outlet Holding Corp. (GO) has distinguished itself through a carefully crafted business model. This model capitalizes on opportunistic sourcing, complemented by a distinctive Independent Operator (IO) structure, to solidify GO's stature as a formidable contender in the market.The company not only sets itself apart from traditional retailers but also consistently delivers excepti ...
Grocery Outlet(GO) - 2023 Q4 - Annual Report
2024-02-28 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38950 Grocery Outlet Holding Corp. (Exact name of registrant as specified in its charter) Delaware 47-1874201 (State or other jurisd ...
Grocery Outlet(GO) - 2023 Q4 - Earnings Call Transcript
2024-02-28 02:18
Grocery Outlet Holding Corp. (NASDAQ:GO) Q4 2023 Earnings Conference Call February 27, 2024 4:30 PM ET Company Participants Christine Chen - Head of Investor Relations RJ Sheedy - President and Chief Executive Officer Charles Bracher - Chief Financial Officer Conference Call Participants Oliver Chen - TD Cowen Krisztina Katai - Deutsche Robby Ohmes - Bank of America Joe Feldman - Telsey Advisory Group Mark Carden - UBS Corey Tarlowe - Jefferies John Heinbockel - Guggenheim Leah Jordan - Goldman Sachs Micha ...
Grocery Outlet(GO) - 2023 Q4 - Annual Results
2024-02-27 21:03
Exhibit 99.1 Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2023 Financial Results Q4 fiscal 2023 net sales increased 6.3% Q4 fiscal 2023 comparable store sales grew 2.7% driven by a 7.5% increase in transactions Company provides outlook for fiscal 2024 including impact of United Grocery Outlet pending acquisition Emeryville, CA – February 27, 2024 – Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the fourth quarter and fu ...
Grocery Outlet(GO) - 2023 Q3 - Quarterly Report
2023-11-08 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38950 Grocery Outlet Holding Corp. (Exact name of registrant as specified in its charter) Delaware 47-1874201 (State or oth ...