Grocery Outlet (GO) Reports Q4 Earnings: What Key Metrics Have to Say

For the quarter ended December 2024, Grocery Outlet Holding Corp. (GO) reported revenue of $1.1 billion, up 10.9% over the same period last year. EPS came in at $0.15, compared to $0.18 in the year-ago quarter.The reported revenue represents a surprise of +1.10% over the Zacks Consensus Estimate of $1.09 billion. With the consensus EPS estimate being $0.17, the EPS surprise was -11.76%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Grocery Outlet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Comparable store sales growth: 2.9% versus the five-analyst average estimate of 2%. Total Store: 533 versus the four-analyst average estimate of 534. Number of new stores: 5 compared to the 5 average estimate based on two analysts. View all Key Company Metrics for Grocery Outlet here>>>Shares of Grocery Outlet have returned -6.5% over the past month versus the Zacks S&P 500 composite's -1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Grocery Outlet Holding Corp. (GO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks