Grocery Outlet Holding Corp. (GO) Tops Q4 EPS by 2c, Offers Guidance

Go back to Grocery Outlet Holding Corp. (GO) Tops Q4 EPS by 2c, Offers Guidance

Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2022 Financial Results

February 28, 2023 4:01 PM EST

Q4 fiscal 2022 net sales increased 18.9%Comparable store sales grew 15.1% driven by a 10.0% increase in transactionsNet income increased 139.3% with diluted EPS of $0.16Company provides outlook for fiscal 2023Company changes presentation of non-GAAP financial measures

EMERYVILLE, Calif., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the fourth quarter and full fiscal year 2022 ended December 31, 2022.

... More