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Stock impact report

Grocery Outlet: No Bargains Here [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
Grocery Outlet: No Bargains Here Summary Grocery Outlet is an extreme value retailer selling branded goods at cheap prices. The company is a regional growth hit and has potential across the nation, delivering on impressive comparable sales growth numbers. There is much to like about the business, yet with margins being fairly low, valuations have gone a bit out of control. Grocery Outlet ( GO I like the story, yet with operating margins stuck around 3-4%, the balance sheet being quite leveraged, and earnings multiples having gone out of control, this is an easy avoid for me. Welcome To Bargain Bliss The header above is the mission of the company, as the company charges low prices on a range of brand items, as we all know that extreme discounters and premium players do well in today's economic environment. The company describes itself as an extreme value retailer which sells brand consumables and fresh products through independently operated stores. The company claims that these brande Show less Read more
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