|Bid||0.00 x 800|
|Ask||0.00 x 1300|
|Day's Range||32.56 - 33.83|
|52 Week Range||27.75 - 47.58|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.11|
KUALA LUMPUR, Malaysia, Oct. 15, 2019 /PRNewswire/ -- Three Malaysian champions of the Taiwan Excellence Esports Cup, organized by the Taiwan External Trade Development Council (TAITRA), have finally emerged victorious, each claiming a slice of the RM113,000 pool prize from a total of 30 qualifying teams at the tournament. Anne Hung, representative of the Taipei Economic and Cultural Office in Malaysia comments, "In 2018, we held the Taiwan Excellence Intercollege Battleground, and it was a big success. This year we returned with new inspiration - the Taiwan Excellence Esports Cup.
EMERYVILLE, Calif., Oct. 03, 2019 -- Grocery Outlet Holding Corp. (NASDAQ: GO) (the “Company”) today announced the pricing of an underwritten public offering by certain selling.
Grocery Outlet Holding (NASDAQ: GO ) has released its third-quarter fiscal 2019 financial developments. Grocery Outlet went public in June. For the 13 weeks ending Sept. 28, the company expects net sales ...
Grocery Outlet Holding Corp. disclosed Thursday preliminary third-quarter sales that rose more than expected, but indicated that net income would miss. The stock was still inactive in premarket trading. The discount grocery retailer said sales for the quarter to Sept. 29 rose 13.1% from a year ago to $652.5 million, above the FactSet consensus of $633.3 million, boosted by the opening of 30 net new stores and same-store sales growth. Same-store sales rose 5.8%, beating the FactSet consensus of 3.0% growth, amid increases in both customer transactions and average transaction size. Net income is estimated to range from $8.93 million to $9.65 million, up from $7.67 million a year ago, but below the FactSet consensus of $10.8 million. The stock has lost 0.6% over the past three months, while the S&P 500 has lost 3.6%.
Net sales increased 13.1% to $652.5 millionComparable store sales increased 5.8% EMERYVILLE, Calif., Oct. 03, 2019 -- Grocery Outlet Holding Corp. (“Grocery Outlet” or the.
Rising sales at Grocery Outlet and other discount chains are pressuring traditional supermarkets, with Kroger eyeing plans to cut costs by eliminating the jobs of several middle managers.
Grocery Outlet Holding Corp. shares took an 8.1% tumble in Wednesday trading after the food retailer announced a new 13 million stock offering by its largest shareholder. Hellman & Friedman LLC will also give underwriters the chance to buy up to 1.95 million additional shares with a 30-day option. Grocery Outlet went public on June 20. The stock is down 5.3% over the last three months while the S&P 500 index is down 2.6% for the period.
EMERYVILLE, Calif., Oct. 01, 2019 -- Grocery Outlet Holding Corp. (NASDAQ: GO) (the “Company”) today announced that certain selling stockholders of the Company, including the.
Grocery Outlet Holding Corp. (NASDAQ: GO) (the “Company”) announced today that BofA Merrill Lynch and Morgan Stanley, the lead book-running managers in the Company’s recent public sale of 19,765,625 shares of common stock, are waiving a lock-up restriction with respect to 721,443 shares of the Company’s common stock held by certain officers or directors of the Company. In addition, BofA Merrill Lynch and Morgan Stanley are waiving a lock-up restriction with respect to 933,000 shares of the Company’s common stock held by H&F Globe Investor LP and an entity affiliated with the Company’s CEO, Eric Lindberg.
NEWPORT BEACH, Calif., Sept. 27, 2019 /PRNewswire/ -- Blast has arrived at TwitchCon 2019 with their most recent innovation - a fun and easy way to encourage saving money by playing games. With its financial savings app on iOS, Blast, (https://blast.com/), will be meeting with convention-goers during its debut appearance at TwitchCon North America in San Diego on September 27-29, 2019 to give away cash prizes, swag, and provide those who love to game with a way to reward their gameplay. During this weekend event devoted to the live streaming video platform, Twitch, gamers can head to the Blast TwitchCon booth, #1731, to learn more about the new features and functionality and chat with the team that made this financial savings app possible.
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Get alerts to potential breakout stocks, along with technical analysis of the stock charts to see the best time to buy and what telltale signs to look for.
- MTG portfolio companies ESL and DreamHack today jointly announces the forming of ESL Pro Tour; the world's largest Counter-strike: Global Offensive (CS:GO) circuit ever, co-developed and executed by ...
LAS VEGAS, Aug. 19, 2019 /PRNewswire/ -- Today, Estars launches a new interactive, free-to-play gaming platform for esports and gaming fans to engage with their favorite competitions worldwide. To celebrate, Estars is matching millions of dollars in prizes across major esports tournaments this year through the Estars Majors, including up to $5M for The International, the upcoming Dota 2 event Aug. 20-25, 2019 in Shanghai, China and up to $10M for The Fortnite Champion Series (FNCS) Season Finals Sept. 20-21, 2019. Later announcements will detail plans for similar Estars Majors matching prize pools for League of Legends, PLAYERUNKNOWN'S BATTLEGROUNDS (PUBG) and Counter-Strike: Global Offensive (CS:GO) tournaments.
The cover story in this weekend's Barron's offers stock picks for an energy sector rebound. Other featured articles discuss how the trade war is hitting tech's bottom line and why banks are not an alternative ...
Grocers are being pressured by Walmart and Target, and by chains that can offer private-label discounts. But opportunistic merchandising gives Grocery Outlet an edge.
Grocery Outlet jumped past a new buy point Wednesday after crushing Q2 earnings views and gave strong guidance. But the IPO stock pared gains.
It’s an ugly day for retail stocks, but Grocery Outlet is bucking that trend. The stock is up 10% after an upbeat second-quarter earnings report.
Bank of America's Robert Ohmes maintains a Neutral rating on Grocery Outlet with a price target lifted from $37 to $40. Grocery Outlet's "impressive" quarter is highlighted by a comps beat of 5.8% versus expectations of 3%, Ohmes said. Adjusted EBITDA margins of 7% also beat expectations of 6.7% from expense controls and a 35 basis point gross margin expansion.
Grocery Outlet Holding Corp. jumped nearly 10% on a trading day when most other stocks were in the red after it reported profits and sales that beat expectations. Moreover, analysts are bullish that the grocery chain's "treasure hunt" experience will translate into prolonged same-store sales growth. "While we would expect the company's comp to ease over time as some of its particularly strong initiatives mature, we believe its differentiated offering and unique value proposition should allow it to continue to take share over time," wrote UBS in a note. Analysts think Grocery Outlet's 2019 same-store sales growth forecast of 3% to 4% "could be conservative." UBS rates Grocery Outlet stock neutral with a $38 price target, up from $35. "Grocery Outlet's industry-leading buying team has strong relationships with some of the top national CPG brands and positions the retailer well to consistently procure compelling deals," wrote Cowen. "We believe Grocery Outlet has historically done a good job of maintaining large price gaps against both discounters and traditional grocery competitors." Cowen rates Grocery Outlet stock outperform with a $48 price target, up from $42. Grocery Outlet stock, which began trading on June 20, is up 22.3% over the past month while the S&P 500 index has fallen 5.3% over the period.
In the company's first quarterly report since going public, Grocery Outlet topped analysts' estimates on the top and bottom lines. Here are the details.
Dow Jones futures: The Treasury yield curve inverted Wednesday morning, sparking recession fears on weak China and German economic data. That followed Tuesday's stock market rally.