|Bid||0.00 x 1300|
|Ask||0.00 x 1000|
|Day's Range||35.97 - 37.04|
|52 Week Range||27.75 - 47.58|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||4,503.75|
|Earnings Date||Aug 11, 2020 - Aug 17, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||44.10|
Grocery Outlet Holding Corp. (GO) (the “Company”) today announced that the stockholder affiliated with Hellman & Friedman LLC (“Hellman & Friedman”), the Company’s private equity sponsor, has elected to distribute the remainder of its holdings representing 9.6 million shares of the Company’s common stock to its equity holders. “Over that time, we have expanded our leadership team and strengthened our supply chain and corporate infrastructure in order to support our long-term growth objectives.”
Grocery Outlet Holding Corp. (GO) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Grocery Outlet Holding Corp. could become the go-to supermarket for many bargain-hunting new customers who find food prices rising elsewhere, Cowen analysts say. Grocery Outlet (GO) is an “extreme value” supermarket chain with 350 stores across California, Pennsylvania, Washington and a few other states. Grocery Outlet stock began trading in June 2019.
Good afternoon, everyone, and thank you for joining us on today's call to discuss Grocery Outlet's first-quarter financial results. Participants on this call will make forward-looking statements, which are subject to various risks and uncertainties that could cause our actual results to differ materially from these statements. Any such items, including our outlook for fiscal 2020 and future performance, should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
The U.S. death toll from the coronavirus that causes COVID-19 climbed above 81,000 on Tuesday, as President Donald Trump, defending his record on testing in the U.S., ended his White House news conference abruptly following an angry exchange with two reporters.
Grocery Outlet (NASDAQ: GO) shares are trading higher on Tuesday after reporting first-quarter earnings.Grocery Outlet reported quarterly earnings of 36c cents per share, which beat the analyst consensus estimate of 25 cents. The company reported quarterly sales of $760.3 million, which beat the analyst consensus estimate of $755.59 million.Deutsche Bank maintained a Buy rating and raised its price target from $42 to $43. Morgan Stanley maintained an Equal-Weight rating, but raised its price target from $38 to $41.Grocery Outlet is a grocery store operator in the U.S. Its buying model allows the company to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers.View more earnings on GOGrocery Outlet shares were trading up 3.48% at $37.95 on Tuesday. The stock has a 52-week range between $47.57 and $27.75.Related links:Grocery Outlet Trades Lower On Mixed Q3 Preliminary ResultsGrocery Outlet Holding Opens Well Above IPO PriceLatest Ratings for GO DateFirmActionFromTo May 2020UBSMaintainsNeutral May 2020Deutsche BankMaintainsBuy May 2020Morgan StanleyMaintainsEqual-Weight View More Analyst Ratings for GO View the Latest Analyst RatingsSee more from Benzinga * Why Athene's Stock Is Trading Lower Today * Why MyoKardia's Stock Is Trading Higher Today * Why Peloton's Stock Is Trading Higher Today(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Grocery Outlet's (GO) first-quarter 2020 sales gain from comparable-store sales growth. Through the first five weeks of the second quarter, comparable-store sales growth is tracking in the mid-teens.
Net sales increased 25.4% to $760.3 million Comparable store sales increased 17.4% Net income increased 235.0% to $12.6 million; Adjusted net income (1) increased 242.2% to.
Grocery Outlet (GO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Grocery Outlet Holding Corp (GO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Several players in the Consumer Staples sector have been benefiting from increased demand owing to the coronavirus-led stockpiling. We have selected five stocks with an earnings beat potential.
EMERYVILLE, Calif., April 27, 2020 -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the first quarter of fiscal.
EMERYVILLE, Calif., April 22, 2020 -- Grocery Outlet Holding Corp. (NASDAQ: GO) (the “Company”) today announced the pricing of an underwritten public offering by certain.
Grocery Outlet (GO) foresees considerable increase in expenses related to the pandemic. While these costs did not impact the first quarter much, the second quarter is likely to bear the burden.
As earnings season gets underway, investors are expecting reports from Chipotle and Netflix after Tuesday's market close. Chris Versace, Tematica Research Chief Investment Officer, joins Yahoo Finance to discuss the latest earnings reports and what to expect next.
Grocery Outlet Holding Corp. (GO) (the “Company”) today announced that certain selling stockholders of the Company, including the selling stockholder affiliated with Hellman & Friedman LLC (the “H&F Investor”), have commenced an underwritten public offering of 10,000,000 shares of the Company’s common stock pursuant to a registration statement filed with the Securities and Exchange Commission. Additionally, the H&F Investor intends to grant the underwriters a 30-day option to purchase up to 1,500,000 additional shares of the Company’s common stock. The Company is not selling any shares of common stock in the offering, will not receive any of the proceeds from the sale and will bear the costs associated with the sale of such shares, other than underwriting discounts and commissions.
First Quarter 2020 net sales increased 25.4% to $760.3 millionComparable store sales increased 17.4% EMERYVILLE, Calif., April 20, 2020 -- Grocery Outlet Holding Corp..
The Zacks Analyst Blog Highlights: Grocery Outlet, SunOpta, National Beverage, Conagra Brands and General Mills
Dublin, April 08, 2020 -- The "Esports: Douyu, Huya, Twitch and YouTube" report has been added to ResearchAndMarkets.com's offering.The global gaming industry is.
Grocery Outlet (GO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.