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

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

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

May 11, 2020 4:06 PM EDT

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 $34.0 million 
Adjusted EBITDA (1) increased 45.8% to $57.0 million

EMERYVILLE, Calif., May 11, 2020 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (Grocery Outlet or the Company) today announced financial results for the first quarter of fiscal 2020 ended March 28, 2020.

For the First Quarter Ended March 28, 2020:

... More