Grocery Outlet Holding (GO) PT Lowered to $22 at Roth/MKM

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Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2024 Financial Results

May 7, 2024 4:01 PM EDT

Q1 fiscal 2024 net sales increased 7.4%
Q1 fiscal 2024 comparable store sales grew 3.9%, driven by a 7.0% increase in transactions
Company updates key guidance for fiscal 2024

EMERYVILLE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the first quarter of fiscal 2024 ended March 30, 2024.

Highlights for First Quarter Fiscal 2024 as compared to First Quarter Fiscal 2023:

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