Welcome to our dedicated page for Grocery Outlet Holding news (Ticker: GO), a resource for investors and traders seeking the latest updates and insights on Grocery Outlet Holding stock.
Grocery Outlet Holding Corp (GO) delivers value-driven grocery retail through its network of independently operated stores. This news hub provides investors and industry observers with official press releases, financial updates, and strategic developments from the company behind the distinctive 'treasure hunt' shopping experience.
Access real-time updates on earnings reports, leadership announcements, store expansions, and private label initiatives. Our curated collection ensures you never miss critical information about this extreme value retailer’s market positioning and operational strategies.
Key updates include quarterly financial results, partnership announcements, supply chain developments, and consumer trend responses. All content is sourced directly from company communications and verified industry analysis to maintain factual accuracy.
Bookmark this page for streamlined access to Grocery Outlet’s evolving story in the competitive grocery sector. Check regularly for insights into how the company balances localized store operations with centralized buying power to maintain its value leadership.
Grocery Outlet Holding Corp. (NASDAQ: GO) has announced its first-quarter financial results for fiscal 2023, set to be released after market close on May 9, 2023. A conference call will follow at 4:30 PM ET, where the company will discuss the results. Interested investors can join the call by dialing (877) 407-9208 and using conference ID #13730481. The call will also be accessible via a live audio webcast on the company's investor relations website. A replay will be available within two hours after the call for two weeks, ensuring stakeholders can stay informed.
Grocery Outlet, based in Emeryville, California, operates over 440 stores across eight states, offering a range of quality name-brand products at discounted prices.
Grocery Outlet Holding Corp. (NASDAQ: GO) reported an 18.9% increase in Q4 fiscal 2022 net sales, reaching $930.8 million, with comparable store sales growing 15.1%. Net income surged 139.3% to $15.9 million, resulting in a diluted EPS of $0.16. Fiscal 2022 saw net sales rise 16.2% to $3.58 billion, net income increased 4.4% to $65.1 million, and adjusted EBITDA rose under both previous and revised definitions. The company plans to open 25 to 28 new stores in fiscal 2023 and anticipates net sales of $3.85 to $3.90 billion. A new credit facility was established, enhancing liquidity. Full details can be accessed through the company's investor relations.
Grocery Outlet Holding Corp. (NASDAQ: GO) is set to release its fourth-quarter and full fiscal 2022 financial results on February 28, 2023, after the market closes. A conference call will be held at 4:30 PM ET to discuss these results, with investors encouraged to dial in 10 minutes beforehand. Participants can access the call live via audio webcast at Grocery Outlet's investor relations website. A recorded replay will also be available shortly after the call concludes for approximately two weeks. Grocery Outlet operates over 430 stores across several U.S. states, offering a range of quality, name-brand consumables at discounted prices.
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