Grocery Outlet: Q2, Profitability Has Started Normalizing
Grocery Outlet(GO) Seeking Alpha·2024-08-08 03:05
Adene Sanchez/E+ via Getty Images Grocery Outlet Holding Corp. (NASDAQ:GO) reported the company's Q2 results on the 6th of August in post-market hours, showing surprisingly good financials. The company continues on its expansion path with the quite recent acquisition of United Grocery Outlet, with weakening margins casting a shadow on the company. Previously, I wrote an article on the company on the 31st of October in 2023, titled "Grocery Outlet: Low-Risk Growth Through Intriguing Strategy". In the article ...