Workflow
Here's What Key Metrics Tell Us About Grocery Outlet (GO) Q1 Earnings
Grocery OutletGrocery Outlet(US:GO) ZACKSยท2025-05-06 23:00

Core Insights - Grocery Outlet Holding Corp. reported revenue of $1.13 billion for the quarter ended March 2025, reflecting a year-over-year increase of 8.6% [1] - The company's EPS for the same period was $0.13, up from $0.09 a year ago, indicating a significant improvement [1] - The reported revenue matched the Zacks Consensus Estimate, but the EPS exceeded expectations by 85.71% [1] Financial Performance Metrics - Comparable store sales growth was 0.3%, slightly above the five-analyst average estimate of 0.2% [4] - The total number of stores reached 543, surpassing the average estimate of 541 by four analysts [4] - The company opened 11 new stores, exceeding the average estimate of 8 by two analysts [4] Stock Performance - Grocery Outlet's shares have returned +17.8% over the past month, outperforming the Zacks S&P 500 composite's +11.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]