Grocery Outlet Holding Corp. (GO)
- Motley Fool
Why Grocery Outlet Stock Plunged Today
Shares of Grocery Outlet (NASDAQ: GO) fell 18.5% Wednesday following the release of the discount supermarket chain's first-quarter results. Grocery Outlet's net sales decreased by 1% to $752.5 million, driven by an 8.2% decline in comparable-store sales. Grocery Outlet's stock price crashed Wednesday.
- Zacks
Grocery Outlet's (GO) Q1 Earnings Beat Estimates, Stock Down
Grocery Outlet (GO) reports mixed results for first-quarter 2021 with earnings and sales declining year over year on lower comparable store sales and margins.
- Motley Fool
Grocery Outlet (GO) Q1 2021 Earnings Call Transcript
Good afternoon, and thank you for joining us on today's call to discuss Grocery Outlet's first-quarter 2021 financial results. Joining me on today's call are Grocery Outlet's chief executive officer, Eric Lindberg; president, RJ Sheedy; and chief financial officer, Charles Bracher. Participants on this call will make forward-looking statements, including our outlook for fiscal 2021 and future performance.
