Grocery Outlet Holding Corp. (GO) Misses Q1 EPS by 3c, Offers Outlook

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Go back to Grocery Outlet Holding Corp. (GO) Misses Q1 EPS by 3c, Offers Outlook

Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2021 Financial Results

May 11, 2021 4:05 PM EDT

EMERYVILLE, Calif., May 11, 2021 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the first quarter of fiscal 2021 ended April 3, 2021.

Highlights for First Quarter Fiscal 2021 as compared to the First Quarter Fiscal 2020:

Net sales decreased by 1.0% to $752.5 million.Comparable store sales decreased by 8.2% compared to a 17.4% increase in the same period last year.The Company opened 10... More