Grocery Outlet Holding Corp. (GO) Tops Q4 EPS by 4c; No FY20 Earnings Outlook Due to COVID-19 Pandemic

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Go back to Grocery Outlet Holding Corp. (GO) Tops Q4 EPS by 4c; No FY20 Earnings Outlook Due to COVID-19 Pandemic

Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2019 Financial Results

March 24, 2020 4:06 PM EDT

Full Year Fiscal 2019 Net sales increased 11.9% to $2.56 billion 
Full Year Fiscal 2019 Comparable store sales increased 5.2% 
Full Year Fiscal 2019 Net income decreased 2.8% to $15.4 million; Full Year Fiscal 2019 Adjusted net income (1) increased 31.7% to $65.0 million 
Full Year Fiscal 2019 Adjusted EBITDA (1) increased 10.6% to $169.8 million

EMERYVILLE, Calif., March 24, 2020 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (Grocery Outlet or the Company) today announced financial results for the fourth quarter and full fiscal year 2019 ended December 28, 2019.

For the fourth... More