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Stock impact report

Grocery Outlet: The Limits Of The Treasure-Hunt Grocery Model [Seeking Alpha]

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
GO faces intensifying competition from hard discounters like Aldi, especially in California, pressuring traffic and same-store sales growth. Margins remain tight, SG&A rose 8.7% YoY, and FCF is negative, with debt likely to increase unless sales improve. I maintain a 'Hold' rating; fair value is ~$12/share, with no near-term catalyst for upside despite 20% potential. Edward Chaidez/iStock Editorial via Getty Images I've been saying for a while that Grocery Outlet ( GO ) wasn't cheap. Now the stock's down close to 40%, and everyone's asking the obvious question: did it finally get interesting? The stock is This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business rela Show less Read more
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