Grocery Outlet's (NASDAQ:GO) Q1 Sales Beat Estimates But Stock Drops 19.2% [Yahoo! Finance]
Grocery Outlet Holding Corp. (GO)
Last grocery outlet holding corp. earnings: 3/24 04:05 pm
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Source: Yahoo! Finance
The company expects the full year's revenue to be around $4.33 billion, in line with analysts' estimates. It made a non-GAAP profit of $0.09 per share, down from its profit of $0.27 per share in the same quarter last year. Is now the time to buy Grocery Outlet? Find out in our full research report Grocery Outlet (GO) Q1 CY2024 Highlights: Revenue: $1.04 billion vs analyst estimates of $1.02 billion (1.4% beat) Adjusted EBITDA: $39.4 million vs analyst estimates of $52.3 million (big miss) EPS (non-GAAP): $0.09 vs analyst estimates of $0.18 (-$0.09 miss) The company reconfirmed its revenue guidance for the full year of $4.33 billion at the midpoint The company lowered its gross margin and adjusted EBITDA guidance for the full year Gross Margin (GAAP): 29.3%, down from 31.1% in the same quarter last year Free Cash Flow was -$38.43 million, down from $54.74 million in the same quarter last year Same-Store Sales were up 3.9% year on year Store Locations: 474 at quart
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News
- Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Grocery Outlet Holding Corp. (GO)Business Wire
- Grocery Outlet Holding Corp. (GO) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOPR Newswire
- Grocery Outlet Holding Corp. (GO) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsAccesswire
- Grocery Outlet Holding Corp. (GO) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsAccesswire
GO
Earnings
- 5/7/24 - Miss
GO
Sec Filings
- 5/16/24 - Form 4
- 5/14/24 - Form 4
- 5/13/24 - Form 4
- GO's page on the SEC website