Expect Q1 revenue of $1.12 billion with adjusted earnings of $0.07 per share for GO
From Barchart: 2025-05-05 03:03:00
Discount grocery store chain Grocery Outlet (NASDAQ:GO) will be reporting earnings tomorrow. Last quarter, they beat revenue expectations by 0.9%, with revenues of $1.10 billion, up 10.9% year on year. This quarter, analysts expect revenue to grow 8.3% to $1.12 billion, with adjusted earnings of $0.07 per share. Grocery Outlet has missed Wall Street’s revenue estimates three times in the past two years. In comparison, Sprouts beat revenue estimates by 1.4%, with sales growth of 18.7%. Share prices in the non-discretionary retail segment are up 8.5% on average in the last month.
Read more at Barchart: What To Expect From Grocery Outlet’s (GO) Q1 Earnings
