Grocery Outlet Holding Corp.

GO

US39874R1014

Food Retail & Distribution

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
25.78 ^USD	-1.49%		-6.05%	-4.38%

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. Reports Earnings Results for the Third Quarter and Nine Months Ended October 02, 2021

November 09, 2021 at 04:09 pm EST

Grocery Outlet Holding Corp. reported earnings results for the third quarter and nine months ended October 02, 2021. For the third quarter, the company reported sales was USD 768.88 million compared to USD 764.08 million a year ago. Net income was USD 17.14 million compared to USD 40.47 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to USD 0.41 a year ago. For the nine months, sales was USD 2,296.88 million compared to USD 2,327.82 million a year ago. Net income was USD 55.67 million compared to USD 82.45 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 0.91 a year ago. Diluted earnings per share from continuing operations was USD 0.56 compared to USD 0.84 a year ago.

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.

Duration

Period

More charts

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

More about the company

Income Statement Evolution

More financial data

Ratings for Grocery Outlet Holding Corp.

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

25.78 USD

Average target price

31.14 USD

Spread / Average Target

+20.80%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Food Retail & Distribution

	1st Jan change	Capi.
GROCERY OUTLET HOLDING CORP.	-4.38%	2.62B
WALMART INC.	+14.63%	485B
KROGER CO. (THE)	+21.57%	40.05B
SYSCO CORPORATION	+5.59%	38.37B
LOBLAW COMPANIES LIMITED	+18.98%	34B
AHOLD DELHAIZE N.V.	+8.05%	28.47B
WOOLWORTHS GROUP LIMITED	-14.68%	25.16B
TESCO PLC	+0.52%	25.08B
GEORGE WESTON LIMITED	+11.82%	17.99B
AEON CO., LTD.	+4.89%	17.88B

Other Food Retail & Distribution