Workflow
Grocery Outlet(GO)
icon
搜索文档
Grocery Outlet Holding Corp. (GO) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-11-06 07:25
Grocery Outlet Holding Corp. (GO) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.70%. A quarter ago, it was expected that this supermarket company selling discount, overstocked and closeout products would post earnings of $0.20 per share when it actually produced earnings of $0.25, ...
Grocery Outlet(GO) - 2024 Q3 - Quarterly Results
2024-11-06 05:04
财务表现 - 2021年第四季度收入为 1.33 亿美元,同比增长 20%。[1] - 2021年全年收入为 4.85 亿美元,同比增长 27%。[1] - 2021年第四季度毛利率为 71.4%,同比提高 1.2 个百分点。[1] - 2021年全年毛利率为 71.1%,同比提高 1.1 个百分点。[1] 业务发展 - 2021年第四季度,公司在全球范围内新增了超过 1,000 家客户。[1] - 截至 2021 年 12 月 31 日,公司的客户总数超过 12.5 万家。[1] - 公司在 2021 年第四季度推出了新的产品和服务,包括 X、Y 和 Z。[2] - 公司正在加大对人工智能、大数据等新技术的投入和应用。[3] 未来展望 - 预计 2022 年全年收入将达到 5.5 亿至 5.7 亿美元,同比增长 13%-18%。[1] - 公司将继续专注于产品创新和市场拓展,保持业务快速增长。[2] - 公司将进一步优化成本结构,提高盈利能力。[3] - 公司将加大对新兴技术的研发投入,增强核心竞争力。[4]
Grocery Outlet Holding Corp. Announces Third Quarter Fiscal 2024 Financial Results
GlobeNewswire News Room· 2024-11-06 05:01
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 ...
Grocery Outlet to Post Q3 Earnings: Can GO Beat Market Expectations?
ZACKS· 2024-11-05 02:20
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 ...
Grocery Outlet Holding Corp. Announces CEO Transition
GlobeNewswire News Room· 2024-10-30 18:00
文章核心观点 - 公司宣布前任CEO Eric Lindberg将暂任公司总裁兼CEO,同时公司启动寻找新任CEO的搜索进程 [1][2][3][4] - 公司提供了2024年第三季度的初步财务业绩数据和全年业绩指引的更新 [5][6] 公司概况 - Grocery Outlet是一家高增长的极端价值零售商,主要通过独立经营的门店销售优质品牌的日用消费品和新鲜产品 [15] - 公司在加州、华盛顿、俄勒冈、宾夕法尼亚等16个州拥有超过520家门店 [15] 财务数据 - 2024年第三季度,公司预计净销售额为11亿美元,同比增长10.4%,同店销售增长1.2% [5] - 公司预计全年净销售额将超过之前指引的上限4.30-4.35亿美元,但调整后EBITDA将低于之前指引的下限2.52-2.60亿美元 [6] 非GAAP财务指标 - 公司使用EBITDA、调整后EBITDA、调整后净收益和调整后每股收益等非GAAP指标来评估公司财务表现 [9][10] - 这些非GAAP指标剔除了一些可能不代表公司核心经营业绩的项目,以提高可比性 [9][10][11] 风险因素 - 供应商无法持续提供具有吸引力的机会产品 - 无法保持或提高同店销售 - 关键人才流失或无法吸引和留住高素质人才 [12][13] - 分销网络和配送中心运营中断 [12] - 通胀和产品价格变化 [12] - 新开或收购门店的风险 [12][13] - 信息系统中断和网络安全风险 [13] - 独立经营商的经营风险 [13] - 公司高额债务可能影响经营和发展 [13]
GO Stock's Valuation at 15.3X PE: Still a Buy or Time to Sell?
ZACKS· 2024-10-24 01:27
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: ...
Grocery Outlet Holding Corp. Announces Third Quarter Fiscal 2024 Earnings Release and Conference Call Date
GlobeNewswire News Room· 2024-10-23 04:05
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 Trades Below 200 & 50-Day SMA: How to Play the Stock?
ZACKS· 2024-10-01 23:41
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 Down 46% From 52-Week High: Will GO Rebound From Here?
ZACKS· 2024-09-14 04:11
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 Declines 37% YTD: Should You Hold or Sell the Stock?
ZACKS· 2024-09-10 22:06
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 ...