Grocery Outlet Holding Corp. (GO) Tops Q3 EPS by 27c, Revenues Beat

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

November 10, 2020 4:05 PM EST

Net sales increased 17.1% to $764.1 million Comparable store sales increased 9.1%Net income increased 225.2% to $40.5 million Adjusted net income(1) increased 141.8% to $49.9 millionAdjusted EBITDA(1) increased 25.1% to $55.3 million

EMERYVILLE, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (Grocery Outlet or the Company) today announced financial results for the third quarter of fiscal 2020 ended September 26, 2020.

For the Third Quarter Ended September 26, 2020:

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