Grocery Outlet Holding logo

Grocery Outlet HoldingNASDAQ: GO

Profile

Country:

United States

IPO:

20 June 2019

Next earnings report:

27 February 2025

Last dividends:

N/A

Next dividends:

N/A
$1.89 B
-57%vs. 3y high
61%vs. sector
-53%vs. 3y high
80%vs. sector
-63%vs. 3y high
46%vs. sector
-67%vs. 3y high
29%vs. sector

Price

regular market | 5 min ago
$19.45+$0.79(+4.21%)

Dividend

No data over the past 3 years
$1.11 B$1.09 B
$1.11 B$24.18 M

Analysts recommendations

Institutional Ownership

GO Latest News

Grocery Outlet Holding: No Signs Of SSS And Gross Margin Improvement Anytime Soon
seekingalpha.com07 November 2024 Sentiment: NEGATIVE

I maintain a sell rating for Grocery Outlet Holding stock due to persistent poor same-store sales and gross margin outlook. 3Q24 earnings show further SSS deceleration and worsening unit economics, with declining margins across the board. Despite a sharp valuation derating, significant uncertainties and competitive pressures suggest the stock will, at best, trade sideways.

Grocery Outlet Q3 Earnings & Sales Beat Estimates, Comps Jump 1.2%
zacks.com06 November 2024 Sentiment: POSITIVE

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

Grocery Outlet Holding Corp. (GO) Q2 2024 Earnings Call Transcript
seekingalpha.com05 November 2024 Sentiment: NEUTRAL

Grocery Outlet Holding Corp. (NASDAQ:GO ) Q3 2024 Earnings Conference Call November 5, 2024 4:30 PM ET Company Participants Christine Chen - Head of Investor Relations Eric Lindberg - Chairman of the Board and Interim President and Chief Executive Officer Lindsay Gray - Interim Chief Financial Officer and Senior Vice President, Accounting Conference Call Participants Operator Greetings, and welcome to Grocery Outlet's Fiscal Third Quarter 2024 Earnings Results Conference. At this time, all participants are in listen-only mode.

Grocery Outlet to Post Q3 Earnings: Can GO Beat Market Expectations?
zacks.com04 November 2024 Sentiment: POSITIVE

GO's opportunistic purchasing, targeted marketing, store expansion and e-commerce efforts are likely to have boosted its sales this quarter.

Grocery Outlet Holding Corp. Announces CEO Transition
globenewswire.com30 October 2024 Sentiment: POSITIVE

Former CEO Eric Lindberg returning to lead the business while the Company conducts a search for its next CEO

GO Stock's Valuation at 15.3X PE: Still a Buy or Time to Sell?
zacks.com23 October 2024 Sentiment: NEGATIVE

The system transition that has posed challenges for Grocery Outlet negatively impacts both operational efficiency and financial performance.

Grocery Outlet Holding Corp. Announces Third Quarter Fiscal 2024 Earnings Release and Conference Call Date
globenewswire.com22 October 2024 Sentiment: POSITIVE

EMERYVILLE, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the third quarter of fiscal 2024 will be released after the market close on Tuesday, November 5, 2024. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.

Grocery Outlet Trades Below 200 & 50-Day SMA: How to Play the Stock?
zacks.com01 October 2024 Sentiment: NEGATIVE

The system transition, which has posed challenges for GO, is negatively impacting its operational efficiency and financial performance.

Grocery Outlet Down 46% From 52-Week High: Will GO Rebound From Here?
zacks.com13 September 2024 Sentiment: NEGATIVE

The systems transition that has posed challenges for Grocery Outlet negatively impacting both operational efficiency and financial performance.

Grocery Outlet Declines 37% YTD: Should You Hold or Sell the Stock?
zacks.com10 September 2024 Sentiment: NEUTRAL

GO is working to enhance its market presence through a combination of diverse product assortments, targeted marketing and in-store initiatives.

What type of business is Grocery Outlet Holding?

Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible purchasing model allows them to offer high-quality products from well-known brands at prices that are typically 40-70% lower than regular retail sellers. The stores are operated by independent entrepreneurs who create a neighborhood atmosphere through personalized customer service and localized product offerings. Grocery Outlet Holding Corp. was founded in 1946 and is headquartered in Emeryville, California.

What sector is Grocery Outlet Holding in?

Grocery Outlet Holding is in the Consumer Defensive sector

What industry is Grocery Outlet Holding in?

Grocery Outlet Holding is in the Grocery Stores industry

What country is Grocery Outlet Holding from?

Grocery Outlet Holding is headquartered in United States

When did Grocery Outlet Holding go public?

Grocery Outlet Holding initial public offering (IPO) was on 20 June 2019

What is Grocery Outlet Holding website?

https://www.groceryoutlet.com

Is Grocery Outlet Holding in the S&P 500?

No, Grocery Outlet Holding is not included in the S&P 500 index

Is Grocery Outlet Holding in the NASDAQ 100?

No, Grocery Outlet Holding is not included in the NASDAQ 100 index

Is Grocery Outlet Holding in the Dow Jones?

No, Grocery Outlet Holding is not included in the Dow Jones index

When was Grocery Outlet Holding the previous earnings report?

No data

When does Grocery Outlet Holding earnings report?

The next expected earnings date for Grocery Outlet Holding is 27 February 2025