TD Cowen downgraded Grocery Outlet from Buy to Hold and set a new price target of $16.00 from $25.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/6/2024 | $25.00 → $16.00 | Buy → Hold | TD Cowen |
| 10/30/2024 | $27.00 → $19.00 | Outperform → Market Perform | Telsey Advisory Group |
| 10/30/2024 | $29.00 → $17.00 | Buy → Neutral | BofA Securities |
| 10/17/2024 | $17.00 | Hold | Loop Capital |
| 8/7/2024 | $31.00 → $27.00 | Outperform | Telsey Advisory Group |
| 7/31/2024 | $20.00 | Buy → Hold | Craig Hallum |
| 7/18/2024 | $28.00 | Overweight | Wells Fargo |
| 5/8/2024 | $37.00 → $31.00 | Outperform | Telsey Advisory Group |
EMERYVILLE, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet" or the "Company"), today announced the appointment of Jason Potter as the Company's President and Chief Executive Officer, effective February 3, 2025. Mr. Potter will also join the Company's Board of Directors. Mr. Potter is a seasoned CEO, bringing more than 30 years of grocery retail experience and a track record of driving earnings growth and shareholder value. He joins Grocery Outlet from The Fresh Market, a specialty grocery retailer of fresh, gourmet food and prepared meals, where he has served as CEO and a board member since March 2020. During his tenure, Mr. Potter led
EMERYVILLE, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet" or the "Company"), today announced the appointment of Christopher Miller as Executive Vice President and Chief Financial Officer, effective January 6, 2025. He will report directly to Eric Lindberg, Grocery Outlet's Chairman of the Board and Interim President and Chief Executive Officer. Mr. Miller joins Grocery Outlet from Shamrock Foods Company, the largest family-held food service distributor in the western United States, where he was the company's CFO for nearly two years. Prior to that, he spent over 15 years at Core-Mark Holding Co., the leading marketer of fresh food and
Former CEO Eric Lindberg returning to lead the business while the Company conducts a search for its next CEO Company provides certain preliminary Q3 2024 results and update to full year 2024 guidance EMERYVILLE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet" or the "Company") today announced that Eric Lindberg, current Chairman of the Board, has been appointed Interim President and CEO, effective immediately. Lindberg replaces RJ Sheedy, who has stepped down from his position and resigned from the Company's Board of Directors. The Board has engaged a leading global executive search firm to begin the process of identifying a perma
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8-K - Grocery Outlet Holding Corp. (0001771515) (Filer)
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TD Cowen downgraded Grocery Outlet from Buy to Hold and set a new price target of $16.00 from $25.00 previously
Telsey Advisory Group downgraded Grocery Outlet from Outperform to Market Perform and set a new price target of $19.00 from $27.00 previously
BofA Securities downgraded Grocery Outlet from Buy to Neutral and set a new price target of $17.00 from $29.00 previously
4 - Grocery Outlet Holding Corp. (0001771515) (Issuer)
4 - Grocery Outlet Holding Corp. (0001771515) (Issuer)
4 - Grocery Outlet Holding Corp. (0001771515) (Issuer)
Q3 fiscal 2024 net sales increased 10.4%Q3 fiscal 2024 comparable store sales grew 1.2%, driven by a 2.0% increase in transactionsCompany updates key guidance for fiscal 2024 EMERYVILLE, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet" or the "Company") today announced financial results for the third quarter of fiscal 2024 ended September 28, 2024. Highlights for Third Quarter Fiscal 2024 as compared to Third Quarter Fiscal 2023: Net sales increased by 10.4% to $1.11 billion.Comparable store sales increased by 1.2%, driven by a 2.0% increase in the number of transactions, partially offset by a 0.7% decrease in average transaction
EMERYVILLE, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet") today announced that its financial results for the third quarter of fiscal 2024 will be released after the market close on Tuesday, November 5, 2024. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results. Investors and analysts interested in joining the call are invited to dial (877) 407-9208 approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at https://investors.groceryoutlet.com. A taped replay of the conference call will be available within two hours of the conclusi
Q2 fiscal 2024 net sales increased 11.7%Q2 fiscal 2024 comparable store sales grew 2.9%, driven by a 5.1% increase in transactionsCompany updates key guidance for fiscal 2024 EMERYVILLE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet" or the "Company") today announced financial results for the second quarter of fiscal 2024 ended June 29, 2024. Highlights for Second Quarter Fiscal 2024 as compared to Second Quarter Fiscal 2023: Net sales increased by 11.7% to $1.13 billion.Comparable store sales increased by 2.9%, driven by a 5.1% increase in the number of transactions, partially offset by a 2.1% decrease in average transaction size.In
EMERYVILLE, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet" or the "Company"), today announced the appointment of Jason Potter as the Company's President and Chief Executive Officer, effective February 3, 2025. Mr. Potter will also join the Company's Board of Directors. Mr. Potter is a seasoned CEO, bringing more than 30 years of grocery retail experience and a track record of driving earnings growth and shareholder value. He joins Grocery Outlet from The Fresh Market, a specialty grocery retailer of fresh, gourmet food and prepared meals, where he has served as CEO and a board member since March 2020. During his tenure, Mr. Potter led
EMERYVILLE, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet" or "the Company") today announced its Free Groceries for Life sweepstakes, where customers can enter for a chance to win a range of prizes, including a lifetime of free groceries.* "This sweepstakes puts the treasure in treasure hunt!" said Eric Lindberg, Grocery Outlet's Chairman and interim President and CEO. "We are absolutely thrilled to be able to offer this Free Groceries for Life sweepstakes to our loyal shoppers and any new ones that come along." To enter, new and existing mobile app ("GO Mobile App") users should enter their phone number into the point-of-sale pin pad
EMERYVILLE, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ:GO) ("Grocery Outlet" or the "Company"), today announced the appointment of Christopher Miller as Executive Vice President and Chief Financial Officer, effective January 6, 2025. He will report directly to Eric Lindberg, Grocery Outlet's Chairman of the Board and Interim President and Chief Executive Officer. Mr. Miller joins Grocery Outlet from Shamrock Foods Company, the largest family-held food service distributor in the western United States, where he was the company's CFO for nearly two years. Prior to that, he spent over 15 years at Core-Mark Holding Co., the leading marketer of fresh food and