Grocery Outlet reported better-than-expected third-quarter 2024 results, with net sales growth of 10.4% year over year, driven by decent comparable store sales performance and new stores opened.
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Today
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Low Data
+0.00% more bearish
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Recent Mentions
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Yahoo
100%
Country
US
Industry
Consumer Staples
Market Cap
Mid Cap
Num. Employees
864
IPO Date
Jun 20, 2019
Country
US
Industry
Consumer Staples
Grocery Outlet Holding Corp. engages in the operation of retail stores in the United States. The company is headquartered in Emeryville, California and currently employs 864 full-time employees. The company went IPO on 2019-06-20. The firm operates approximately 440 stores in California, Washington, Oregon, Pennsylvania, Idaho, Nevada, Maryland and New Jersey. The Company’s product offering includes staples, across grocery, produce, refrigerated and frozen foods, beer and wine, fresh meat and seafood, general merchandise, and health and beauty care. These products include a wide selection of Natural, Organic, Specialty and Healthy (NOSH) products. The company operates eight distribution centers, three of which it operates and five of which are operated by third parties. The company has an in-house transportation fleet as well as transportation partner relationships that provide deliveries to its stores. The firm is focused on centralized marketing efforts primarily on digital ads, social media, television, and radio commercials, print circulars, and in-store and outdoor signage.
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