Grocery Outlet Holding Q2 2024 Adj EPS $0.25 Beats $0.20 Estimate, Sales $1.13B Beat $1.10B Estimate
Portfolio Pulse from Benzinga Newsdesk
Grocery Outlet Holding (NASDAQ:GO) reported Q2 2024 adjusted EPS of $0.25, beating the $0.20 estimate. Sales were $1.13 billion, surpassing the $1.10 billion estimate and marking an 11.88% increase from the previous year.
August 06, 2024 | 8:01 pm
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Grocery Outlet Holding (NASDAQ:GO) reported Q2 2024 adjusted EPS of $0.25, beating the $0.20 estimate. Sales were $1.13 billion, surpassing the $1.10 billion estimate and marking an 11.88% increase from the previous year.
The company's better-than-expected earnings and sales figures, along with a significant year-over-year increase in sales, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100