Grocery Outlet (GO) Up 10.9% Since Last Earnings Report: Can It Continue? [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
Will the recent positive trend continue leading up to its next earnings release, or is Grocery Outlet due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Grocery Outlet's Q4 Earnings Beat Estimates, Comps Up Y/Y Grocery Outlet Holding Corp. reported fourth-quarter 2023 results, wherein both the top and the bottom line beat the respective Zacks Consensus Estimate. While net sales increased year over year, adjusted earnings declined from the year-ago period. The company registered a decent comparable store sales performance in the quarter. However, the implementation of new technology platforms in late August 2023 led to disruptions that hurt comparable store sales by approximately 200 basis points and the gross margin by 130 basis points during the fourth quarter. Q4 Insights Grocery Outlet reported adjusted earnings o
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News
- 15 Most Affordable Grocery Stores In the US [Yahoo! Finance]Yahoo! Finance
- Axiom Cloud Successfully Completes SOC 2 Type II Audit, Reinforcing Commitment to Security and Customer Trust [Yahoo! Finance]Yahoo! Finance
- Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2024 Earnings Release and Conference Call DateGlobeNewswire
- Grocery Outlet (GO) Benefits From Innovative Retail Strategy [Yahoo! Finance]Yahoo! Finance
- Grocery Outlet Holding Corp.'s (NASDAQ:GO) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong? [Yahoo! Finance]Yahoo! Finance
GO
Earnings
- 2/27/24 - Beat
GO
Sec Filings
- 4/19/24 - Form ARS
- 4/19/24 - Form DEFA14A
- 4/19/24 - Form DEF
- GO's page on the SEC website