Grocery Outlet Holding Corp. Announces Preliminary First Quarter 2020 Results
Grocery Outlet Holding Corp. (GO)
Last grocery outlet holding corp. earnings: 3/24 04:05 pm
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Source: GlobeNewswire
First Quarter 2020 net sales increased 25.4% to $760.3 millionComparable store sales increased 17.4% EMERYVILLE, Calif., April 20, 2020 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”) has released first quarter fiscal 2020 preliminary financial results and recent developments. Preliminary Financial ResultsAlthough the financial results for the thirteen weeks ended March 28, 2020 are not yet finalized, we estimate that the financial results will fall within the following ranges, as compared to the thirteen weeks ended March 30, 2019: Thirteen Weeks Ended March 30, 2019 March 28, 2020 Actual Low High (dollars in thousands) Net sales$606,271 $760,308 $760,308Income from operations$21,656 $14,250 $15,250Net income$3,774 $8,800 $9,900Adjusted EBITDA$39.123 $55,000
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News
- Grocery Outlet (NASDAQ:GO) had its "neutral" rating reaffirmed by analysts at DA Davidson. They now have a $15.00 price target on the stock.MarketBeat
- Grocery Outlet (NASDAQ:GO) was given a new $14.00 price target on by analysts at Morgan Stanley.MarketBeat
- Grocery Outlet (NASDAQ:GO) had its "outperform" rating reaffirmed by analysts at Telsey Advisory Group. They now have a $17.00 price target on the stock.MarketBeat
- Grocery Outlet to Present at Morgan Stanley Global Consumer & Retail Conference [Yahoo! Finance]Yahoo! Finance
- Grocery Outlet to Present at Morgan Stanley Global Consumer & Retail ConferenceGlobeNewswire
GO
Earnings
- 11/4/25 - Beat
GO
Sec Filings
- 12/3/25 - Form 8-K
- 11/10/25 - Form 4
- 11/7/25 - Form 144
- GO's page on the SEC website