Although the revenue and EPS for Grocery Outlet (GO) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Grocery Outlet Holding Corp. (GO) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.09 per share a year ago.
GO's opportunistic purchasing, targeted marketing, store expansion and e-commerce efforts are likely to have boosted its first-quarter sales.
Grocery Outlet (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.
Sprouts Farmers shows strong momentum and expansion, while Grocery Outlet faces headwinds from system issues and margin pressure.
GO is focused on long-term growth, leveraging the unique model while navigating challenges and positioning itself for success in a competitive market.
4Q24 earnings showed mixed results: $1.1 billion in revenue with 2.9% SSS growth, but declining gross margins and increased operating expenses impacted profitability. Persistent SAP system issues continue to hurt GO's supply chain, inventory management, and new store growth potential, risking operator retention and overall business performance. Despite execution concerns, Grocery Outlet's low valuation suggests potential for stock price recovery on any positive news, making a sell rating unwarranted.
Grocery Outlet Holding Corp.'s Q4 earnings showed a sales increase to $1.1B, but EPS missed estimates, and gross margins declined due to inventory shrinkage. The company's financial position is concerning, with a high debt load and an interest coverage ratio below the desired threshold. Management's 2025 outlook disappointed investors, leading to a significant decline in share price and a cautious approach to future performance.
Grocery Outlet (GO 7.64%) held its fourth-quarter 2024 earnings call on February 25, 2025, introducing new leadership and outlining strategic shifts to improve execution and profitability. The stock was down as much as 30% following earnings.
Grocery Outlet's Q4 results reflect strong comps driven by an increased number of transactions, thus aiding revenues. However, soft margins weigh on profits.
The headline numbers for Grocery Outlet (GO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Grocery Outlet Holding Corp. (GO) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.18 per share a year ago.