Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than 12% late Tuesday.
Grocery Outlet (GO) Q4 2024 Earnings Call Transcript
Operator Greetings, and welcome to the Grocery Outlet Q4 and full year 2024 earnings results conference call. [Operator instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce you to your host,
Grocery Outlet (GO) Q4 Earnings Report Preview: What To Look For
Discount grocery store chain Grocery Outlet (NASDAQ:GO) will be announcing earnings results tomorrow after market hours. Here’s what to expect.
Grocery Outlet: Q4 Earnings Snapshot
Grocery Outlet expects full-year earnings in the range of 70 cents to 75 cents per share, with revenue in the range of $4.7 billion to $4.8 billion. This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GO at https://www.zacks.com/ap/GO
Grocery Outlet’s (NASDAQ:GO) Q4 Sales Top Estimates But Stock Drops 12.6%
Discount grocery store chain Grocery Outlet (NASDAQ:GO) announced in Q4 CY2024, with sales up 10.9% year on year to $1.10 billion. The company expects the full year’s revenue to be around $4.75 billion,
Grocery Outlet craters as FY25 outlook, workforce reduction spooks street
Grocery Outlet (NASDAQ:GO) shares are unraveling in Wednesday’s premarket trading as the company’s disappointing guidance ...
Grocery Outlet announces restructuring plan
The discount grocer will lay off an unspecified number of workers and said it will open around half the stores it previously ...
Grocery Outlet price target lowered to $15 from $16 at TD Cowen
TD Cowen lowered the firm’s price target on Grocery Outlet (GO) to $15 from $16 and keeps a Hold rating on the shares. The firm said the ...
Banner day for Altadena’s Grocery Outlet as it emerges from wildfire-spurred closure
Longtime Altadena community activist René Amy, who lost his own home in the fire, has spent many days outside the store since ...
Altadena Grocery Outlet reopens as beacon of hope following Eaton Fire
Owners Sandra and Jose Valenzuela say the reopening is bittersweet, as neighbors and some of their staff have lost so much.
Grocery Outlet price target lowered to $10 from $13 at Morgan Stanley
Morgan Stanley analyst Simeon Gutman lowered the firm’s price target on Grocery Outlet (GO) to $10 from $13 and keeps an Underweight rating on ...
A beloved Altadena business reopens, a welcome sign of ‘coming back together’
Since returning to her Pasadena home weeks ago, Betty Pearson, 72, has been driving to the Grocery Outlet in San Gabriel. She ...
California's most contentious Grocery Outlet gets the green light
Fort Bragg's Grocery Outlet, cleared after years of legal battles, plans to offer affordable food in a high-cost town.
Grocery Outlet trading halted, volatility trading pause
EST Grocery Outlet (GO) trading halted, volatility trading pauseDiscover the Best Stocks and Maximize Your Portfolio: See what stocks are ...