EMERYVILLE, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet" or the "Company") today launched its 14th consecutive Independence from Hunger Food Drive to combat food insecurity. From June 26 – July 31, the campaign will collect cash donations and pre-made bags of nonperishable foods at Grocery Outlet's 470+ locations that will be distributed to local food agency partners. In addition, online donations made at GroceryOutlet.com/Donate will support Grocery O ...

A month has gone by since the last earnings report for Grocery Outlet Holding Corp. (GO) . Shares have added about 1.9% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Grocery Outlet due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Grocery Outlet's Q1 Earnings Mis ...

文章核心观点 - 公司在2023年8月底实施新技术平台时出现了中断,这对公司第一季度的毛利率产生了210个基点的负面影响 [2] - 公司第一季度的非GAAP每股收益为0.09美元,低于市场预期0.09美元 [2] - 公司第一季度毛利率下降180个基点至29.3% [2] 公司信息 - 公司名称为Grocery Outlet Holding Corp.,股票代码为GO,上市于纳斯达克交易所 [1][2] - 公司是一家专注于食品杂货零售的公司 [1] 投资者诉讼 - 有投资者指控公司及其高管存在证券欺诈或其他非法商业行为 [1][2] - 投资者被建议联系Pomerantz律师事务所了解加入集体诉讼的相关信息 [1][5] 律师事务所介绍 - Pomerantz律师事务所是一家专注于公司、证券和反垄断集体诉讼的知名律所 [3][4] - 该所创始人Abraham L. Pomerantz被称为"集体诉讼之父",该所一直致力于维护证券欺诈、董事会义务违反和公司不当行为受害者的权益 [4] - 该所已经帮助客户收回了数十亿美元的赔偿金 [4]

NEW YORK, May 16, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Grocery Outlet Holding Corp. ("Grocery Outlet" or the "Company") (NASDAQ: GO). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Grocery Outlet and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] O ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key ...

Investors with an interest in Consumer Products - Staples stocks have likely encountered both Grocery Outlet Holding Corp. (GO) and Ollie's Bargain Outlet (OLLI) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The prove ...

Shares of Grocery Outlet Holding Corp. (GO) witnessed a decline of 15.2% during the after-market trading session on May 7 following first-quarter 2024 results. While the top line beat the Zacks Consensus Estimate and increased year over year, the bottom line missed the same and fell sharply from the year-ago period. Management highlighted that additional systems conversion issues hurt the company’s profitability. Consequently, Grocery Outlet revised its full-year earnings forecast downward.Q1 InsightsGrocer ...

财务数据和关键指标变化 - 第一季度销售额增长7.4%,达到10.4亿美元,同店销售增长3.9% [11] - 第一季度毛利率为29.3%,低于预期110个基点,主要受系统过渡影响约210个基点 [12][39] - 第一季度亏损100万美元,每股亏损0.01美元,调整后每股收益0.09美元 [42] 各条业务线数据和关键指标变化 - 客流量增长7%,客单价下降2.9% [39][115] - 新店开业表现良好,符合预期 [27][39] 各个市场数据和关键指标变化 - 中高收入客户群体满意度和消费增加 [18] - SNAP福利减少对公司业务有一定影响,但客户流失较小 [119][120][121] 公司战略和发展方向及行业竞争 - 公司计划2024年新开58-62家门店,包括收购的40家United Grocery Outlet门店 [27][46] - 公司将在第三季度推出自有品牌产品,预计到年底推出约100个SKU [32][33] - 公司看好99 Cents Only退出市场后带来的机会 [80][81][82] 管理层对经营环境和未来前景的评论 - 基本面健康,销售和客流持续强劲增长 [7][18][62] - 系统过渡问题短期内仍有影响,但预计在第二季度后逐步恢复正常 [74][111][137] - 公司有信心在未来实现长期增长目标 [34][62] 问答环节重要的提问和回答 问题1 **Robby Ohmes 提问** 为什么第二季度也可能出现与第一季度类似的问题 [54] **RJ Sheedy 回答** 公司已经取得了很大进展,正在采取措施减少类似问题的发生,包括增加内部SAP能力、减少对第三方顾问的依赖等 [55][56][57][58][59][60][61] 问题2 **Krisztina Katai 提问** 公司如何看待99 Cents Only退出市场带来的机会 [73] **RJ Sheedy 回答** 公司已经开始从中获益,包括获得之前供应给99 Cents Only的产品,以及一些潜在的门店地产机会 [80][81][82] 问题3 **Jeremy Hamblin 提问** 公司系统过渡问题对业绩的累计影响有多大 [135][136][137][138][139] **Lindsay Gray 回答** 公司已量化了过去几个季度系统过渡的总体影响约为6500万美元,其中一半为对加盟商的支持 [137][138][139]

For the quarter ended March 2024, Grocery Outlet Holding Corp. (GO) reported revenue of $1.04 billion, up 7.4% over the same period last year. EPS came in at $0.09, compared to $0.27 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.02 billion, representing a surprise of +1.20%. The company delivered an EPS surprise of -50.00%, with the consensus EPS estimate being $0.18.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

Grocery Outlet Holding Corp. (GO) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this supermarket company selling discount, overstocked and closeout products would post earnings of $0.16 per share when it actually produced earnings of $0.18, ...