Grocery Outlet Holding Q2 EPS $0.32 Beats $0.26 Estimate, Sales $1.01B Beat $972.16M Estimate
Portfolio Pulse from Benzinga Newsdesk
Grocery Outlet Holding (NASDAQ:GO) reported Q2 earnings of $0.32 per share, beating the analyst consensus estimate of $0.26 by 23.08%. The company also reported quarterly sales of $1.01 billion, surpassing the analyst consensus estimate of $972.16 million by 3.89%. Both earnings and sales have increased compared to the same period last year.
August 08, 2023 | 8:02 pm
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Grocery Outlet's Q2 earnings and sales exceeded analyst estimates, indicating a positive financial performance.
Grocery Outlet's better-than-expected Q2 earnings and sales suggest a strong financial performance, which could positively impact the company's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100