UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each classTrading SymbolName of each exchange on which registered Common stock, par value $0.001 per share GO Nasdaq Global Select Market FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date Earliest Event reported): October 30, 2024 (October 29, 2024) Grocery Outlet Holding Corp. (Exact name of registrant as specified in its charter) Delaware 001-38950 47-1874201 ( ...

Q3 fiscal 2024 net sales increased 10.4%Q3 fiscal 2024 comparable store sales grew 1.2%, driven by a 2.0% increase in transactionsCompany updates key guidance for fiscal 2024 EMERYVILLE, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the third quarter of fiscal 2024 ended September 28, 2024. Highlights for Third Quarter Fiscal 2024 as compared to Third Quarter Fiscal 2023: Net sales increased by 10 ...

As Grocery Outlet Holding Corp. (GO) prepares to announce its third-quarter fiscal 2024 earnings results on Nov. 5 after market close, investors are closely watching to see how the company has performed amid challenges and growth opportunities in the competitive grocery sector.The Zacks Consensus Estimate for revenues is pegged at $1.1 billion, suggesting a solid 10% improvement over the prior-year period’s actual. However, the company’s bottom line is expected to face pressure. The Zacks Consensus Estimate ...

Former CEO Eric Lindberg returning to lead the business while the Company conducts a search for its next CEO Company provides certain preliminary Q3 2024 results and update to full year 2024 guidance EMERYVILLE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced that Eric Lindberg, current Chairman of the Board, has been appointed Interim President and CEO, effective immediately. Lindberg replaces RJ Sheedy, who has stepped ...

Grocery Outlet Holding Corp. (GO) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 15.29, which is notably lower than the industry’s average of 18.69 and the S&P 500’s ratio of 22.22. At a first glance, this discount may suggest that GO is undervalued, potentially offering investors a chance to buy at a bargain. A lower P/E ratio often signals that a stock may be priced attractively relative to its earnings potential, which can be appealing to value-focused investors.Image Source: ...

EMERYVILLE, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the third quarter of fiscal 2024 will be released after the market close on Tuesday, November 5, 2024. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results. Investors and analysts interested in joining the call are invited to dial (877) 407-9208 approximately 10 minutes prior to the start of the call. A live audio ...

Grocery Outlet Holding Corp. (GO) has encountered a notable resistance level, prompting caution among investors from a technical standpoint. GO has been trading below both the 200-day and 50-day simple moving averages (SMA) for quite some time now, suggesting a bearish trend. 30.00 25.00 SMA (200): 23.2286 20.00 SMA (50): 18.2226 GO: 17.55 15.00 Volume · GO: 2 435 788 Monday, Sep 30, 2024 Jul '24 Aug 24 Nov '23 Jun '24 Image Source: Zacks Investment Research Closing at $17.55 yesterday, GO remains below its ...

Grocery Outlet Holding Corp. (GO) has experienced a pullback in its share performance losing nearly half of its value and falling far below its 52-week high of $30.33, touched in last September. Currently trading at $16.27, the stock has seen a 46.4% drop from its peak. Over the past three months, Grocery Outlet shares have plunged 21.2%, underperforming the broader industry, which has risen 9.4% and the S&P 500, which posted a 2.7% return during the same period. The recent decline in share performance is a ...

Grocery Outlet Holding Corp. (GO) has been struggling in 2024, with its stock price declining 37.1% year to date (YTD). This contrasts significantly to the broader industry and the S&P 500 index, both of which have risen 4.3% and 14.5%, respectively. The implementation of new technology platforms negatively impacted the company's gross margin in the second quarter of 2024. However, management expressed optimism for the rest of the year, noting that the company does not expect any further adverse effect on i ...

It has been about a month since the last earnings report for Grocery Outlet Holding Corp. (GO) . Shares have lost about 8.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Grocery Outlet due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Grocery Outlet's Q2 Earning ...