|Bid||0.00 x 4000|
|Ask||0.00 x 1000|
|Day's range||41.18 - 45.08|
|52-week range||21.01 - 46.37|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||75.11|
|Earnings date||07 Nov 2022 - 11 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||44.50|
Grocery Outlet's (GO) second-quarter results reflect a comparable store sales increase of 11.2%. Management anticipates 2022 comparable store sales growth in the band of 8-8.5%.
Good afternoon, and thank you for joining us on today's call to discuss Grocery Outlet's second quarter 2022 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.
Grocery Outlet Holding Corp. (GO) delivered earnings and revenue surprises of 20.83% and 4.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?