Grocery Outlet Holding Corp. (GO) Tops Q2 EPS by 19c

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

August 10, 2020 4:19 PM EDT

Net sales increased 24.5% to $803.4 million 
Comparable store sales increased 16.7% 
Net income increased by $40.0 million to $29.3 million 
Adjusted net income (1) increased 189.2% to $41.8 million 
Adjusted EBITDA (1) increased 34.7% to $60.6 million

EMERYVILLE, Calif., Aug. 10, 2020 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (Grocery Outlet or the Company) today announced financial results for the second quarter of fiscal 2020 ended June 27, 2020.

For the Second Quarter Ended June 27, 2020:

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