Articles from Grocery Outlet, Inc.

Provides Fiscal 2025 Guidance

EMERYVILLE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQGO) (“Grocery Outlet”) today announced that its financial results for the fourth quarter and full fiscal 2024 year will be released after the market close on Tuesday, February 25, 2025. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.

Jason Potter brings more than 30 years of grocery experience to the role, having most recently served as CEO of The Fresh Market

32 winners will be selected in April to win a range of prizes, including free groceries for life, one year or one month*

Christopher Miller to join Grocery Outlet on January 6, 2025

Q3 fiscal 2024 net sales increased 10.4%Q3 fiscal 2024 comparable store sales grew 1.2%, driven by a 2.0% increase in transactionsCompany updates key guidance for fiscal 2024

Former CEO Eric Lindberg returning to lead the business while the Company conducts a search for its next CEO

EMERYVILLE, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQGO) (“Grocery Outlet”) today announced that its financial results for the third quarter of fiscal 2024 will be released after the market close on Tuesday, November 5, 2024. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.

100 private label SKUs available in stores by the end of this year

Touching Lives for The Better By Providing Access to Affordable Food, Giving Back to Local Communities, and Improving Operational Efficiencies

Q2 fiscal 2024 net sales increased 11.7%Q2 fiscal 2024 comparable store sales grew 2.9%, driven by a 5.1% increase in transactionsCompany updates key guidance for fiscal 2024

EMERYVILLE, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQGO) (“Grocery Outlet”) today announced that its financial results for the second quarter of fiscal 2024 will be released after the market close on Tuesday, August 6, 2024. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.

Annual Food Drive Effort Encourages Contributions Via In-store Incentives and Online Donation Opportunities to Combat National Food Insecurity

Q1 fiscal 2024 net sales increased 7.4%Q1 fiscal 2024 comparable store sales grew 3.9%, driven by a 7.0% increase in transactionsCompany updates key guidance for fiscal 2024

EMERYVILLE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQGO) (“Grocery Outlet”) today announced that its financial results for the first quarter of fiscal 2024 will be released after the market close on Tuesday, May 7, 2024. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.

Acquisition Expands Company’s Presence into New Adjacent Markets in the Southeast

Q4 fiscal 2023 net sales increased 6.3%Q4 fiscal 2023 comparable store sales grew 2.7% driven by a 7.5% increase in transactionsCompany provides outlook for fiscal 2024 including impact of United Grocery Outlet pending acquisition

Acquisition Will Expand Company's Footprint into New Adjacent Markets in the Southeast

EMERYVILLE, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQGO) (“Grocery Outlet”) today announced that its financial results for the fourth quarter and full fiscal 2023 year will be released after the market close on Tuesday, February 27, 2024. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.

Chikkala to Lead Supply Chain and Business Technology

Charles Bracher Stepping Down for a New Opportunity, Effective March 1, 2024

Grocery Outlet continues national expansion with long-time Independent Operators

Net sales increased 9.3%Comparable store sales increased 6.4%GAAP net income increased 55.1% with diluted EPS of $0.27Adjusted EBITDA(1) increased 20.0% to $68.1 millionCompany updates key guidance for fiscal 2023

EMERYVILLE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQGO) (“Grocery Outlet”) today announced that its financial results for the third quarter of fiscal 2023 will be released after the market close on Tuesday, November 7, 2023. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.

Net sales increased 12.5% and achieved first quarterly $1 billion net sales performance in Company's history Comparable store sales increased 9.2% GAAP net income increased 21.8% with diluted EPS of $0.24 Adjusted EBITDA(1) increased 22.7% to $70.5 million Company raises key guidance for fiscal 2023

EMERYVILLE, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQGO) (“Grocery Outlet”) today announced that its financial results for the second quarter of fiscal 2023 will be released after the market close on Tuesday, August 8, 2023. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.

Q1 fiscal 2023 net sales increased 16.1%Comparable store sales grew 12.1% driven by a 7.9% increase in transactionsGAAP net income increased 18.5% with diluted EPS of $0.14Adjusted EBITDA(1) increased 36.9%, up 100 basis points as a percentage of net salesCompany raises guidance for fiscal 2023

EMERYVILLE, Calif., April 25, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQGO) (“Grocery Outlet”) today announced that its financial results for the first quarter of fiscal 2023 will be released after the market close on Tuesday, May 9, 2023. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.

Q4 fiscal 2022 net sales increased 18.9%Comparable store sales grew 15.1% driven by a 10.0% increase in transactionsNet income increased 139.3% with diluted EPS of $0.16Company provides outlook for fiscal 2023Company changes presentation of non-GAAP financial measures

EMERYVILLE, Calif., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQGO) (“Grocery Outlet”) today announced that its financial results for the fourth quarter and full fiscal 2022 year will be released after the market close on Tuesday, February 28, 2023. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.

CEO Eric Lindberg will transition to role of Chairman of the Board; Current President RJ Sheedy to become President & Chief Executive Officer

Raises Fiscal Year 2022 Net Sales and Earnings Guidance

EMERYVILLE, Calif., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQGO) (“Grocery Outlet”) today announced that its financial results for the third quarter of fiscal 2022 will be released after the market close on Tuesday, November 8, 2022. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results.