2 Months Ago
1 Min Read

Off goes GO. The stock decreased today. A closer look at what's happening:

GO
-1.68% 24h



Grocery Outlet Holding Corp (GO) is trading -7% lower at $41.66 today.

  • GO reported an EPS of $0.29 and revenue was up $122 million from the same period last year, $0.07 better than consensus
  • Revenue: $897.7M (+15.8% Y/Y), $37.9M over consensus expectations
  • Same Store Sales: 8.0% to 8.5% revised up from 5.5% to 6.5% 
  • Adjusted EBITDA: $218M-$223M, up from $213M-$220M
  • PT Raised to $47 at UBS
  • PT Raised to $53 at BofA Securities

Grocery Outlet Holding Corp has been trading between a 52-week high of $46.37 and a 52-week low of $21.01. The stock has a market cap of $4.01 Billion.

Based in Emeryville, California, Grocery Outlet is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores. Grocery Outlet has more than 375 stores in California, Washington, Oregon, Pennsylvania, Idaho and Nevada.

Headlines


Grocery Outlet Holding PT Raised to $53 at BofA Securities
Investing.com 08-10-22

Grocery Outlet Holding PT Raised to $47 at UBS
Investing.com 08-10-22

Grocery Outlet Holding Corp''s (GO) CEO Eric Lindberg on Q2 2022 Results - Earnings Call Transcript
Seeking Alpha 08-09-22

Grocery Outlet (GO) Q2 2022 Earnings Call Transcript
The Motley Fool 08-09-22

Grocery Outlet: Q2 Earnings Insights
Benzinga 08-09-22