Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2020 Financial Results

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Grocery Outlet Holding Corp. (GO) Tops Q1 EPS by 11c; Not Providing Guidance

May 11, 2020 4:22 PM EDT

Grocery Outlet Holding Corp. (NASDAQ: GO) reported Q1 EPS of $0.36, $0.11 better than the analyst estimate of $0.25. Revenue for the quarter came in at $760.3 million versus the consensus estimate of $755.59 million.

Eric Lindberg, CEO of Grocery Outlet, stated, Our strong first quarter performance reflects the tremendous efforts of our corporate and Independent Operator teams, our suppliers, and other partner companies. We continue to... More