Grocery Outlet Holding: Q3 Earnings Insights

Grocery Outlet Holding GO reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Grocery Outlet Holding beat estimated earnings by 14.81%, reporting an EPS of $0.31 versus an estimate of $0.27.

Revenue was up $85.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 4.38% increase in the share price the next day.

Here's a look at Grocery Outlet Holding's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.26 0.23 0.23 0.25
EPS Actual 0.32 0.27 0.25 0.27
Revenue Estimate 976.03M 949.06M 907.49M 878.46M
Revenue Actual 1.01B 965.47M 930.83M 918.18M

To track all earnings releases for Grocery Outlet Holding visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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GOGrocery Outlet Holding Corp
$13.42-2.43%

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