Grocery Outlet Holding Corp. (GO)

NASDAQ: GO · IEX Real-Time Price · USD
27.36
+0.17 (0.63%)
At close: Apr 24, 2024, 4:00 PM
27.92
+0.55 (2.03%)
After-hours: Apr 24, 2024, 6:28 PM EDT
0.63%
Market Cap 2.71B
Revenue (ttm) 3.97B
Net Income (ttm) 79.44M
Shares Out 99.23M
EPS (ttm) 0.79
PE Ratio 34.63
Forward PE 22.71
Dividend n/a
Ex-Dividend Date n/a
Volume 864,598
Open 27.11
Previous Close 27.19
Day's Range 26.98 - 27.45
52-Week Range 23.41 - 36.54
Beta 0.10
Analysts Hold
Price Target 31.44 (+14.91%)
Earnings Date May 7, 2024

About GO

Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products. The company was founded in 1946 and is headquartered in Emeryville, California. [Read more]

Industry Grocery Stores
IPO Date Jun 20, 2019
Employees 997
Stock Exchange NASDAQ
Ticker Symbol GO
Full Company Profile

Financial Performance

In 2023, GO's revenue was $3.97 billion, an increase of 10.94% compared to the previous year's $3.58 billion. Earnings were $79.44 million, an increase of 22.11%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for GO stock is "Hold." The 12-month stock price forecast is $31.44, which is an increase of 14.91% from the latest price.

Price Target
$31.44
(14.91% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2024 Earnings Release and Conference Call Date

EMERYVILLE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the first quarter of fiscal 2024 will...

1 day ago - GlobeNewsWire

Grocery Outlet Holding Corp. Closes Acquisition of United Grocery Outlet

Acquisition Expands Company's Presence into New Adjacent Markets in the Southeast Acquisition Expands Company's Presence into New Adjacent Markets in the Southeast

22 days ago - GlobeNewsWire

Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2023 Financial Results

Q4 fiscal 2023 net sales increased 6.3% Q4 fiscal 2023 comparable store sale s grew 2.7% driven by a 7.5% increase in transactions Company provides outlook for fiscal 2024 including impact of United G...

2 months ago - GlobeNewsWire

Grocery Outlet to acquire United Grocery Outlet for $62 million

Grocery Outlet Holding GO plans to acquire Southern value grocer United Grocery Outlet for $62 million.

2 months ago - Market Watch

Grocery Outlet Holding Corp. To Acquire United Grocery Outlet

Acquisition Will Expand Company's Footprint into New Adjacent Markets in the Southeast Acquisition Will Expand Company's Footprint into New Adjacent Markets in the Southeast

2 months ago - GlobeNewsWire

Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2023 Earnings Release and Conference Call Date

Grocery Outlet Holding Corp. announced that its financial results for the fourth quarter and full fiscal 2023 year will be released Tues, Feb 27, 2024.

2 months ago - GlobeNewsWire

Top 5 Risk Off Stocks That Could Lead To Your Biggest Gains In Q1 - Vita Coco (NASDAQ:COCO), Archer-Daniels Midland (NYSE:ADM)

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: COCOADMFDPMGPI
2 months ago - Benzinga

Grocery Outlet Appoints Ramesh Chikkala to Newly Created EVP, Chief Operations Officer Role

EMERYVILLE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") announced that it has appointed Ramesh Chikkala to the newly created...

3 months ago - GlobeNewsWire

Grocery Outlet CFO Charles Bracher to step down

Grocery Outlet Holding Corp. GO, +1.68% said late Monday that Chief Financial Officer Charles Bracher is stepping down on March 1 “to pursue another opportunity,” which the company didn't name. Brache...

4 months ago - Market Watch

Grocery Outlet Holding Corp. Announces CFO Transition and Reaffirms Fourth Quarter Outlook and Fiscal 2023 Guidance

Charles Bracher Stepping Down for a New Opportunity, Effective March 1, 2024 Charles Bracher Stepping Down for a New Opportunity, Effective March 1, 2024

4 months ago - GlobeNewsWire

Grocery Outlet Enters Ninth State with Store Opening in Ohio

Grocery Outlet continues national expansion with long-time Independent Operators Grocery Outlet continues national expansion with long-time Independent Operators

5 months ago - GlobeNewsWire

Grocery Outlet Holding Corp. Announces Third Quarter Fiscal 2023 Financial Results

Net sales increased 9.3% Comparable store sales increased 6.4% GAAP net income increased 55.1% with diluted EPS of $0.27 Adjusted EBITDA (1) increased 20.0% to $68.1 million Company updates key guidan...

6 months ago - GlobeNewsWire

Grocery Outlet Holding Corp. Announces Third Quarter Fiscal 2023 Earnings Release and Conference Call Date

EMERYVILLE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the third quarter of fiscal 2023 will ...

6 months ago - GlobeNewsWire

Grocery Outlet Holding Corp. Releases Inaugural Environmental, Social and Governance (ESG) Report

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 fresh p...

6 months ago - Business Wire

Grocery Outlet's stock is on the rise after a $1 billion quarter

Shares of Grocery Outlet Holding Corp. GO, -0.21% advanced 5% in extended trading Tuesday after the retail chain reported quarterly results that topped analyst revenue and earnings estimates. Grocery ...

9 months ago - Market Watch

Grocery Outlet Holding Corp. Announces Second Quarter Fiscal 2023 Financial Results

Net sales increased 12.5% and achieved first quarterly $1 billion net sales performance in Company's history  Comparable store sales increased 9.2%  GAAP net income increased 21.8% with diluted EPS of...

9 months ago - GlobeNewsWire

Grocery Outlet Holding Corp. Announces Second Quarter Fiscal 2023 Earnings Release and Conference Call Date

EMERYVILLE, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the second quarter of fiscal 2023 will...

9 months ago - GlobeNewsWire

13 retailers posted a good earnings season based on two key measures. Are their stocks worth a look?

Every earnings season there are retail horror stories but also some companies that stand out in a competitive environment. Below is a list of 13 U.S. retailers that have put up good quarterly numbers.

11 months ago - Market Watch

Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2023 Financial Results

Q1 fiscal 2023 net sales increased 16.1% Comparable store sales grew 12.1% driven by a 7.9% increase in transactions GAAP net income increased 18.5% with diluted EPS of $0.14 Adjusted EBITDA (1) incre...

1 year ago - GlobeNewsWire

Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2023 Earnings Release and Conference Call Date

EMERYVILLE, Calif., April 25, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the first quarter of fiscal 2023 will...

1 year ago - GlobeNewsWire

Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2022 Financial Results

Q4 fiscal 2022 net sales increased 18.9% Comparable store sales grew 15.1% driven by a 10.0% increase in transactions Net income increased 139.3% with diluted EPS of $0.16 Company provides outlook for...

1 year ago - GlobeNewsWire

Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2022 Earnings Release and Conference Call Date

EMERYVILLE, Calif., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the fourth quarter and full fiscal 202...

1 year ago - GlobeNewsWire

Uber and Grocery Outlet Expand On-Demand Grocery Delivery Nationally

National expansion includes 386 Grocery Outlet locations across seven states SAN FRANCISCO , Nov. 9, 2022 /PRNewswire/ -- Today Uber Technologies, Inc. (NYSE: UBER) and Grocery Outlet Holding Corp (NA...

Other symbols: UBER
1 year ago - PRNewsWire

Grocery Outlet tops earnings estimates, names new CEO

Shares of Grocery Outlet Holding Corp. slid nearly 4% in the extended session Tuesday after the discount grocery reported quarterly earnings above Wall Street estimates and said that it will have a ne...

1 year ago - Market Watch

Grocery Outlet Holding Corp. Announces CEO Transition

CEO Eric Lindberg will transition to role of Chairman of the Board; Current President RJ Sheedy to become President & Chief Executive Officer CEO Eric Lindberg will transition to role of Chairman of t...

1 year ago - GlobeNewsWire