|Bid||25.14 x 1200|
|Ask||25.16 x 1100|
|Day's range||24.98 - 25.55|
|52-week range||21.01 - 46.58|
|Beta (5Y monthly)||-0.29|
|PE ratio (TTM)||31.39|
|Earnings date||28 Feb 2022 - 04 Mar 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||28.71|
Grocery Outlet's (GO) third-quarter net sales rise marginally year over year. Management expects fourth-quarter comparable store sales to decline in the band of 2.5-3.5%.
Good afternoon, and thank you for joining today's call to discuss Grocery Outlet's third quarter 2021 financial results. Joining me on the call are Grocery Outlet's chief executive officer, Eric Lindberg; president, RJ Sheedy; and chief financial officer, Charles Bracher.
Grocery Outlet Holding Corp. (GO) delivered earnings and revenue surprises of 9.09% and -1.58%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?