Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2024 Financial Results

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Go back to Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2024 Financial Results

Grocery Outlet Holding (GO) PT Lowered to $22 at Roth/MKM

May 9, 2024 5:06 AM EDT

Roth/MKM analyst Bill Kirk lowered the price target on Grocery Outlet Holding (NASDAQ: GO) to $22.00 (from $27.00) while maintaining a Neutral rating.

THe analyst comments "GO reported comp sales of +3.9% (cons. +2.3%), but profitability fell short. Similarly, forward guidance was raised for comp... More

Grocery Outlet Holding (GO) PT Lowered to $27 at UBS

May 8, 2024 6:05 AM EDT

UBS analyst Michael Lasser lowered the price target on Grocery Outlet Holding (NASDAQ: GO) to $27.00 (from $30.00) while maintaining a Neutral rating.

THe analyst comments "Grocery Outlet's recent systems transition costs once again came in steeper than expected, overshadowing another solid comp performance for the... More

Grocery Outlet Holding (GO) PT Lowered to $25 at DA Davidson

May 8, 2024 5:23 AM EDT

DA Davidson analyst Katy Hallberg lowered the price target on Grocery Outlet Holding (NASDAQ: GO) to $25.00 (from $30.00) while maintaining a Neutral rating.

The analyst comments "While the long-term demand fundamentals remain strong for Grocery Outlook, the systems related issues that negatively impacted... More