Grocery Outlet Holding Corp. (GO) Beats Q2 Earnings and Revenue Estimates

Grocery Outlet Holding Corp. (GO) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of$ 0.20 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this supermarket company selling discount, overstocked and closeout products would post earnings of$ 0.18 per share when it actually produced earnings of $0.09, ...