Grocery Outlet Holding Corporation (GO)
| Market Cap | 3.60B |
| Revenue (ttm) | 2.98B |
| Net Income (ttm) | 92.28M |
| Shares Out | 92.49M |
| EPS (ttm) | 0.01 |
| PE Ratio | 4,730.00 |
| Forward PE | 38.61 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 19 |
| Last Price | $37.84 |
| Previous Close | $38.24 |
| Change ($) | -0.40 |
| Change (%) | -1.05% |
| Day's Open | 38.49 |
| Day's Range | 37.59 - 39.19 |
| Day's Volume | 745,569 |
| 52-Week Range | 29.06 - 46.55 |
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According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned retailers have outperformed the S&P 500 Index over the past 12 months through Jan. 5.
Grocery Outlet (GO) is benefiting from its unique business model, store-growth endeavors and strength in product offerings.
These are the consumer staples stocks with the best value, fastest growth, and most momentum for January 2021.
5 Consumer Products Stocks for 2021 Backed by Solid Industry Trends
Grocery Outlet Holding Corp. (GO) reported earnings 30 days ago. What's next for the stock?
Companies like Reynolds Consumer Products (REYN), Spectrum Brands Holdings (SPB) and Grocery Outlet (GO) are expected to benefit in the near term given that demand for essential goods is likel...
Stocks like Spectrum Brands (SPB), Reynolds Consumer Products (REYN), Tupperware Brands (TUP) and Grocery Outlet (GO) are expected to benefit in the near term given that most people are spendi...
Grocery Outlet (GO) is benefiting from its unique business model, store-growth endeavors and strength in product offerings.
Some investors appear to be taking profits. But should they be selling?
Grocery Outlet's (GO) third-quarter 2020 results gain from comparable-store sales growth, which increased 9.1%.
Grocery Outlet Holding Corp. (GO) CEO Eric Lindberg on Q3 2020 Results - Earnings Call Transcript
Grocery Outlet Holding Corp. (GO) delivered earnings and revenue surprises of 117.39% and 1.38%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahea...
Net sales increased 17.1% to $764.1 million Comparable store sales increased 9.1% Net income increased 225.2% to $40.5 million Adjusted net income(1) increased 141.8% to $49.9 million Adjusted...
Grocery Outlet (GO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Spectrum Brands Holdings Inc. (SPB), Box, Inc. (BOX) and Grocery Outlet Holding Corp. (GO) are some of the companies that survived the rampage created by the coronavirus.
The deep-discount supermarket has been on a tear while building out its footprint.
Rising demand aids consumer staple players amid pandemic. Hershey (HSY), Tyson Foods (TSN), Grocery Outlet (GO), Energizer Holdings (ENR) and Purple Innovation (PRPL) are set to tap the opport...
Grocery Outlet's (GO) third-quarter results are likely to reflect coronavirus-led demand spike. The company's opportunistic purchasing strategy, inventory optimization, marketing initiatives a...
Grocery Outlet Holding Corp. (GO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
People have been spending more on consumer discretionary and consumer staple stocks like Lifetime Brands, Inc. (LCUT), Spectrum Brands Holdings Inc. (SPB) and Grocery Outlet Holding Corp. (GO)...
Grocery Outlet Holding Corp. (GO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly r...
EMERYVILLE, Calif., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the third quarter of fiscal 20...
Consumer discretionary and consumer staple stocks like Lifetime Brands (LCUT), Ollies Bargain Outlet Holdings (OLLI) and Spectrum Brands Holdings (SPB) have gained popularity since the coronav...
Per an ABC News/Washington Post national poll released on Oct 11, Biden has a lead over Trump by 12 percentage points nationally.
The rise in consumer spending comes despite a decline in personal income.
The Fed sees rates near zero until the economy reaches full employment and inflation runs "moderately" above its 2% goal. But these aren't happening soon and investors can get used to low rates.
Bet on five stocks that are likely to outdo earnings estimates.
Grocery Outlet Holding Corp. (GO) reported earnings 30 days ago.
EMERYVILLE, Calif., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”) today announced that Matthew B. Eisen, Principal at Hellm...
EMERYVILLE, Calif., Sept. 02, 2020 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”) today announced that the Company will be participating in...
Grocery Outlet's (GO) second-quarter 2020 earnings results gain from comparable-store sales growth, which increased 16.7%.
Grocery Outlet Holding Corp. (GO) CEO Eric Lindberg on Q2 2020 Results - Earnings Call Transcript
Grocery Outlet Holding Corp. (GO) delivered earnings and revenue surprises of 82.61% and 4.47%, respectively, for the quarter ended June 2020.
The company says it’s doing well enough to open up to 32 new stores this year.
Consumer Products Industry Outlook: Prospects Seem Promising
With no signs of a vaccine yet, fears continue to haunt in spite of strict safety guidelines like social distancing and isolation, and a more cautious approach by people in general.
Grocery Outlet's (GO) second-quarter 2020 results might reflect gains from coronavirus-led stockpiling. Moreover, its business model and strategic endeavors remain impressive.
EMERYVILLE, Calif., Aug. 5, 2020 /PRNewswire/ -- Grocery Outlet Bargain Market, extreme-value grocery retailer, today announced its tenth annual Independence from Hunger® Food Drive campaign r...
ADRNY vs. GO: Which Stock Is the Better Value Option?
Grocery Outlet Holding Corp. (GO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.
EMERYVILLE, Calif., July 27, 2020 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the second quarter of fiscal...
Grocery Outlet Holding Corp. (GO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly r...
Grocery Outlet (GO) is benefiting from its unique business model, store-growth endeavors and strength in product offerings.
Management is delivering on promises, but can the company overcome the one problem that plagues all grocery retailers?
The supermarket chain is being added to a popular mid-cap index.
Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts be...
NEW YORK, June 22, 2020 /PRNewswire/ -- Grocery Outlet Holding Corp. (NASD: GO) will replace Brinker International Inc. (NYSE: EAT) in the S&P MidCap 400 and Brinker International will replace...
EMERYVILLE, Calif.--(BUSINESS WIRE)--Grocery Outlet Holding Corp. (NASDAQ:GO) (“Grocery Outlet” or the “Company”), a high-growth, extreme value retailer of quality, name-brand consumables and ...
About GO
Grocery Outlet Holding owns and operates a chain of grocery stores in the United States. The company offers products in various categories, such as dairy and deli, produce, and fresh meat and seafood products, as well as grocery, frozen, beer and wine, general merchandise, and health and beauty care products; and natural, organic, specialty, and healthy products. As of December 28, 2019, it had 347 stores, including 342 independent operated stores in California, Washington, Oregon, Pennsylvania, Idaho, and Nevada. The company was founded in 194... [Read more...]
| Industry Grocery Stores | IPO Date Jun 20, 2019 |
| CEO Eric J. Lindberg Jr. | Employees 682 |
| Stock Exchange NASDAQ | Ticker Symbol GO |
Financial Performance
In 2019, Grocery Outlet's revenue was $2.56 billion, an increase of 11.89% compared to the previous year's $2.29 billion. Earnings were $15.42 million, a decrease of -2.83%.
Analyst Forecasts
According to 14 analysts, the average rating for Grocery Outlet stock is "Buy." The 12-month stock price forecast is 48.00, which is an increase of 26.85% from the latest price.