Shares of Grocery Outlet Holding (NASDAQ:GO) fell in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share fell 36.11% year over year to $0.23, which beat the estimate of $0.22.
Revenue of $752,466,000 declined by 1.03% from the same period last year, which missed the estimate of $757,630,000.
Looking Ahead
Grocery Outlet Sees Quarter-To-Date Q2 Comps Down In Low Double Digit Range
Conference Call Details
Date: May 11, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/rdp7qgcp
Recent Stock Performance
Company’s 52-week high was at $48.87
Company’s 52-week low was at $31.81
Price action over last quarter: Up 14.94%
Company Overview
Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible buying model allows them to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.
