Grocery Outlet Holding Corporation (GO)

NASDAQ: GO · IEX Real-Time Price · USD
25.14 0.12 (0.48%)
Jan 21, 2022 4:00 PM EST - Market closed
Market Cap2.41B
Revenue (ttm)3.10B
Net Income (ttm)79.94M
Shares Out96.02M
EPS (ttm)0.80
PE Ratio31.39
Forward PE27.78
Dividendn/a
Ex-Dividend Daten/a
Volume551,929
Open24.98
Previous Close25.02
Day's Range24.97 - 25.56
52-Week Range21.01 - 46.58
Beta-0.29
AnalystsBuy
Price Target28.71 (+14.2%)
Earnings Daten/a

About GO

Grocery Outlet Holding Corp. owns and operates a network of independently operated stores in the United States. The company's stores offer products in various categories, such as dairy and deli, produce, floral, and fresh meat and seafood products, as well as grocery, general merchandise, health and beauty care, frozen foods, and beer and wine. As of June 24, 2021, it had 400 stores in California, Washington, Oregon, Pennsylvania, Idaho, and Nevada. The company was founded in 1946 and is headquartered in Emeryville, California.

IndustryFood & Staples Retailing
IPO DateJun 20, 2019
Employees774
Stock ExchangeNASDAQ
Ticker SymbolGO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for GO stock is "Buy." The 12-month stock price forecast is 28.71, which is an increase of 14.20% from the latest price.

Price Target
$28.71
(14.20% upside)
Analyst Consensus: Buy

News

Grocery Outlet Holding Corp. Announces Organizational Changes to Advance Strategic Growth Plan

EMERYVILLE, Calif., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced organizational changes as it continues to scale its bu...

1 month ago - GlobeNewsWire

Grocery Outlet Holding Corp. Announces Participation In Morgan Stanley's Virtual Global Consumer & Retail Conference

EMERYVILLE, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”) today announced that the Company will be participating in a virtual fi...

2 months ago - GlobeNewsWire

Grocery Outlet (GO) Q3 Earnings Top Estimates, Comps Fall 4.3%

Grocery Outlet's (GO) third-quarter net sales rise marginally year over year. Management expects fourth-quarter comparable store sales to decline in the band of 2.5-3.5%.

2 months ago - Zacks Investment Research

Grocery Outlet Holding Corp. (GO) Tops Q3 Earnings Estimates

Grocery Outlet Holding Corp. (GO) delivered earnings and revenue surprises of 9.09% and -1.58%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the s...

2 months ago - Zacks Investment Research

Grocery Outlet Holding Corp. Announces Third Quarter Fiscal 2021 Financial Results

Board of Directors Approves $100 Million Share Repurchase Program Board of Directors Approves $100 Million Share Repurchase Program

2 months ago - GlobeNewsWire

Here's How Grocery Outlet (GO) is Placed Ahead of Q3 Earnings

Grocery Outlet's (GO) third-quarter 2021 results are likely to reflect the impact of higher commodity costs and increased labor as well as freight charges on margins.

2 months ago - Zacks Investment Research

Analysts Estimate Grocery Outlet Holding Corp. (GO) to Report a Decline in Earnings: What to Look Out for

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. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Grocery Outlet (GO) Takes the Plunge in E-commerce With Instacart

Grocery Outlet (GO) in alliance with Instacart announces a pilot program across its stores offering essentials and staples for same-day delivery.

3 months ago - Zacks Investment Research

Grocery Outlet Goes Online In Partnership With Instacart

Grocery Outlet Holding Corp (NASDAQ: GO) has announced a partnership with Instacart on a pilot program to make its bargain shopping experience available online for the first time. The program is set to ...

3 months ago - Benzinga

Grocery Outlet Partners With Instacart to Launch Its First Ecommerce Offering

EMERYVILLE, Calif.--(BUSINESS WIRE)--Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”), the leading extreme-value retailer in the United States offering quality, name-brand o...

3 months ago - Business Wire

Grocery Outlet Holding Corp. (GO) Down 9.5% Since Last Earnings Report: Can It Rebound?

Grocery Outlet Holding Corp. (GO) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

Wolfe Research's Senyek on the metrics to find under-performing stocks

Chris Senyek, Wolfe Research chief investment strategist, joins 'Power Lunch' to discuss the stocks he says to avoid in this environment and how to apply his tricks to investing. For access to live and ...

Other symbols:SAMSFIX
4 months ago - CNBC Television

Grocery Outlet Holding Corp. Announces Participation In The Goldman Sachs 28th Annual Global Retailing Conference

EMERYVILLE, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”) today announced that the Company will be participating in a virtual fi...

4 months ago - GlobeNewsWire

New Strong Sell Stocks for August 12th

WKHS, SPCE, PASG, LYRA, and GO have been added to the Zacks Rank #5 (Strong Sell) List on August 12, 2021

Other symbols:LYRAPASGSPCEWKHS
5 months ago - Zacks Investment Research

Why Grocery Outlet Stock Dropped Today

Falling sales and profits sent investors scurrying for the checkout aisle.

5 months ago - The Motley Fool

The Ratings Game: Grocery Outlet shares slide on concerns the retailer can't hold on to customers gained during COVID

Grocery Outlet Holding Corp. stock fell nearly 11% in Wednesday trading after the retailer reported an earnings miss and was downgraded at MKM Partners.

5 months ago - Market Watch

Grocery Outlet (GO) Q2 Earnings Meet Estimates, Sales Down

Grocery Outlet's (GO) Q2 top line reflects dismal comparable store sales stemming from weak traffic. Such trends are likely to persist in the third quarter as well.

5 months ago - Zacks Investment Research

Grocery Outlet Holding Stock Falls As Q2 Earnings Miss Estimates

Grocery Outlet Holding Corp (NASDAQ: GO) reported a second-quarter FY21 sales decline of 3.5% year-on-year, to $775.535 million, marginally below the analyst consensus of $775.55 million. Comparable sto...

5 months ago - Benzinga

Grocery Outlet Holding Corp. (GO) Q2 Earnings Match Estimates

Grocery Outlet Holding Corp. (GO) delivered earnings and revenue surprises of 0.00% and 0.66%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Recap: Grocery Outlet Holding Q2 Earnings

Shares of Grocery Outlet Holding (NASDAQ:GO) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 45.24% year over year to $0.23, which missed th...

5 months ago - Benzinga

Grocery Outlet Holding Corp. Announces Second Quarter Fiscal 2021 Financial Results

EMERYVILLE, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the second quarter of fiscal 202...

5 months ago - GlobeNewsWire

Grocery Outlet (GO) to Post Q2 Earnings: What's in the Offing?

Grocery Outlet's (GO) second-quarter 2021 results are likely to reflect a drop in pantry-loading trends and an increase in SG&A expenses.

5 months ago - Zacks Investment Research

Frank Sands' Firm Reshelves Shares of Grocery Outlet

Renowned guru Frank Sands (Trades, Portfolio), the CEO and chief investment officer of Sands Capital Management, disclosed a reduction in his firm's Grocery Outlet Holding Corp. ( GO , Financial) positi...

5 months ago - GuruFocus

Grocery Outlet Raises Over $2.8 Million for Local Food Agencies During 2021 ‘Independence from Hunger®' Campaign

EMERYVILLE, Calif.--(BUSINESS WIRE)--Grocery Outlet Bargain Market, extreme-value grocery retailer, today announced its eleventh annual Independence from Hunger® Food Drive campaign raised over $2.8 mil...

5 months ago - Business Wire

Earnings Preview: Grocery Outlet Holding Corp. (GO) Q2 Earnings Expected to Decline

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. Get prepared with the key expectations.

5 months ago - Zacks Investment Research