Skip to main content
GO $11.62 -1.27%
GO logo
GO · Grocery Outlet Holding Corp.
Track GO — free
$11.62 -0.15 (-1.27%) At close · Oct 2
Market Cap
$1.10B
Shares
99.08M
Volume · Oct 2 2.53M Avg daily vol (3M) 2.45M
All webcasts

Earnings call · FY2024 Q3

Grocery Outlet Holding Corp. (GO) Q3 2024 Earnings Call

Concluded Nov 7, 2023
Nov 7, 2023 0 turns
Period
FY2024 Q3
Runtime
—
Sources
1 artifact

Executive readout · one minute

Webcast research workspace

Read the call alongside every captured source. 8-K earnings release stays in one workspace.

Forward guidance

6 guided metrics

Management's latest ranges and targets are included below.

Research coverage

1 live source

Open each available source without leaving this research workspace.

Revenue $1.11B +10.4% YoY
Diluted EPS $0.24 -11.1% YoY
Gross margin 31.1% -0.3 pp YoY
Net income $24.18M -10.9% YoY

Research materials

Open the source you need; every reader stays inside this workspace.

Forward guidance

From the 8-K filed Nov 7, 2023.

Metric Guided Actual
Net sales table Maintained
fiscal 2023
$3.95B $3.97B above
Comparable store sales increase table Lowered
fiscal 2023
7% – 7.5% —
Gross margin table Lowered
fiscal 2023
31.2% —
Adjusted EBITDA table Lowered
fiscal 2023
$248M – $252M —
Capital expenditures (net of tenant improvement allowances) table Maintained
fiscal 2023
$155M —
Adjusted earnings per share — diluted table Lowered
fiscal 2023
$1.04 – $1.06 —

Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

Non-Perishable$695.94M +6.8% YoY
Perishable$412.24M +17% YoY

Capital returned

Buybacks · derived
$25.03M
Shares repurchased
1.16M
Full-screen source Call document