Grocery Outlet Holding Corp.

GO

US39874R1014

Food Retail & Distribution

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
26.17 ^USD	-3.75%		-2.97%	-2.93%

Apr. 18	Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market -- 2nd Update	DJ
Apr. 18	Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market -- Update	DJ

Grocery Outlet Holding Corp. Provides Earnings Guidance for the Fiscal Year 2024

February 27, 2024 at 04:04 pm EST

Grocery Outlet Holding Corp. provided earnings guidance for the fiscal year 2024. for the year, the company expects Net sales of $4.30 billion to $4.35 billion, Comparable store sales increase will be 3% to 4%.

Latest news about Grocery Outlet Holding Corp.

Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market -- 2nd Update	Apr. 18	DJ
Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market -- Update	Apr. 18	DJ
Grocery Outlet Completes United Grocery Outlet Acquisition	Apr. 02	MT
Grocery Outlet Holding Insider Bought Shares Worth $1,031,016, According to a Recent SEC Filing	Mar. 26	MT
Grocery Outlet Holding Insider Sold Shares Worth $1,730,075, According to a Recent SEC Filing	Mar. 21	MT
Grocery Outlet Holding Insider Sold Shares Worth $2,867,442, According to a Recent SEC Filing	Mar. 14	MT
Grocery Outlet Holding Insider Sold Shares Worth $408,269, According to a Recent SEC Filing	Mar. 11	MT
Grocery Outlet Holding Insider Sold Shares Worth $917,688, According to a Recent SEC Filing	Mar. 11	MT
Grocery Outlet Holding Insider Sold Shares Worth $7,849,000, According to a Recent SEC Filing	Mar. 04	MT
Grocery Outlet Holding Corp. Announces Executive Changes	Mar. 01	CI
Grocery Outlet Holding Corp. Appoints Lindsay E. Gray as Interim Chief Financial Officer	Mar. 01	CI
North American Morning Briefing : Fed's Preferred -2-	Feb. 29	DJ
UBS Adjusts Grocery Outlet Price Target to $30 From $32, Maintains Neutral Rating	Feb. 28	MT
Deutsche Bank Adjusts Grocery Outlet Price Target to $32 From $31, Maintains Buy Rating	Feb. 28	MT
Telsey Advisory Cuts Price Target on Grocery Outlet to $37 From $40, Maintains Outperform Rating	Feb. 28	MT
Grocery Outlet's Fiscal Q4 Adjusted Earnings Down, Sales Rise; 2024 Outlook Issued -- Shares Rally	Feb. 28	MT
Transcript : Grocery Outlet Holding Corp., Q4 2023 Earnings Call, Feb 27, 2024	Feb. 27
Grocery Outlet Guides For FY 2024 EPS of $1.14-$1.20 on Sales of $4.3-$4.35 Billion, vs CIQ Analyst Consensus of $1.14/Share on Sales of $4.3 Billion	Feb. 27	MT
Earnings Flash (GO) GROCERY OUTLET Posts Q4 Revenue $989.8M, vs. Street Est of $980.6M	Feb. 27	MT
Earnings Flash (GO) GROCERY OUTLET Posts Q4 EPS $0.18, vs. Street Est of $0.16	Feb. 27	MT
Grocery Outlet Holding Corp. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 30, 2023	Feb. 27	CI
Grocery Outlet Holding Corp. Provides Earnings Guidance for the Fiscal Year 2024	Feb. 27	CI
Grocery Outlet Holding Corp. Expects to Open 55 to 60 Stores in Fiscal Year 2024	Feb. 27	CI
Grocery Outlet Holding Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 27	CI
Deutsche Bank Cuts Grocery Outlet Price Target to $31 From $34, Maintains Buy Rating	Feb. 16	MT

Chart Grocery Outlet Holding Corp.

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Company Profile

Grocery Outlet Holding Corp. is a retailer of name-brand consumables and fresh products sold through a network of independently operated stores. The Company operates over 470 stores in California, Washington, Oregon, Pennsylvania, Idaho, Nevada, Maryland, New Jersey and Ohio. Its product offering includes staples, across grocery, refrigerated and frozen foods, beer and wine, fresh meat and seafood, and health and beauty care, others. It distributes inventory through eight primary distribution centers, three of which it operates and five of which are operated by third parties. It has an in-house transportation fleet, as well as transportation partner relationships. It also owns United Grocery Outlet, a closeout grocery retailer with over 40 stores in Tennessee, North Carolina, Georgia, Alabama, Kentucky, and Virginia. It is focused on centralized marketing efforts primarily on digital ads, emailed WOW! Alerts, social media and radio commercials, and in-store and outdoor signage.

Sector

Food Retail & Distribution

Calendar

2024-05-07 - Q1 2024 Earnings Release

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Ratings for Grocery Outlet Holding Corp.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

26.17 USD

Average target price

31.14 USD

Spread / Average Target

+19.00%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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