Grocery Outlet Holding Corp. (GO) Misses Q1 EPS by 19c; Cuts guidance

Grocery Outlet Holding Corp. (NASDAQ: GO) reported Q1 EPS of ($0.01), $0.19 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.02 billion.

GUIDANCE:

Grocery Outlet Holding Corp. sees FY2024 EPS of $0.89-$0.95, versus the consensus of $1.17. Grocery Outlet Holding Corp. sees FY2024 revenue of $4.3-4.35 billion, versus the consensus of $4.34 billion.

For earnings history and earnings-related data on Grocery Outlet Holding Corp. (GO) click here.

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