Grocery Outlet Holding: Q1 Earnings Insights

Grocery Outlet Holding GO reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:01 PM.

Here's what investors need to know about the announcement.

Grocery Outlet Holding beat estimated earnings by 17.39%, reporting an EPS of $0.27 versus an estimate of $0.23.

Revenue was up $134.04 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 2.26% drop in the share price the next day.

Here's a look at Grocery Outlet Holding's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.23	0.25	0.24	0.20
EPS Actual	0.25	0.27	0.29	0.22
Revenue Estimate	907.49M	878.46M	860.15M	810.17M
Revenue Actual	930.83M	918.18M	897.70M	831.43M

To track all earnings releases for Grocery Outlet Holding visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Momentum12.36

Growth74.77

Quality17.01

Value60.82

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