Grocery Outlet Holding Corp. reported earnings results for the fourth quarter and full year ended December 30, 2023. For the fourth quarter, the company reported sales was USD 989.82 million compared to USD 930.83 million a year ago. Net income was USD 14.11 million compared to USD 15.89 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.16 a year ago.
For the full year, sales was USD 3,969.45 million compared to USD 3,578.1 million a year ago. Net income was USD 79.44 million compared to USD 65.05 million a year ago. Basic earnings per share from continuing operations was USD 0.8 compared to USD 0.67 a year ago. Diluted earnings per share from continuing operations was USD 0.79 compared to USD 0.65 a year ago.