Compared to Estimates, Grocery Outlet (GO) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2024, Grocery Outlet Holding Corp. (GO) reported revenue of $1.04 billion, up 7.4% over the same period last year. EPS came in at$ 0.09, compared to $0.27 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$ 1.02 billion, representing a surprise of +1.20%. The company delivered an EPS surprise of -50.00%, with the consensus EPS estimate being $0.18.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...