(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 1B | +5% |
Gross Profit | 303.9MM | +2% |
Cost Of Revenue | 733MM | +6% |
Operating Income | 563K | -97% |
Operating Expenses | - | - |
Net Income | -1MM | -107% |
G&A | 303.4MM | +8% |
Amortization | - | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
On May 14, 2024, John Bachman, Director at Grocery Outlet Holding Corp (NASDAQ:GO), purchased 10,000 shares of the company, as reported in a recent SEC Filing.
The line represents a departure from the discounter’s long-standing focus on offering deep discounts on well-known brands.
The discount grocer is still taking financial hits from system changes made eight months ago — a reminder that digital changes don’t always help retailers’ bottom lines.
It's been a mediocre week for Grocery Outlet Holding Corp. ( NASDAQ:GO ) shareholders, with the stock dropping 19% to...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Grocery Outlet (GO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Grocery Outlet Holding Corp. (NASDAQ:GO) Q1 2024 Earnings Call Transcript May 7, 2024 Grocery Outlet Holding Corp. misses on earnings expectations. Reported EPS is $-0.0103 EPS, expectations were $0.18. Grocery Outlet Holding Corp. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). […]
Shares of discount grocery store chain Grocery Outlet (NASDAQ:GO) fell 23.9% in the morning session after the company reported first-quarter earnings results. Adjusted EBITDA missed by a meaningful amount, and the company's full-year earnings forecast missed analysts' expectations. The company also called out systems conversion issues, which negatively impacted profit. On the other hand, Grocery Outlet beat analysts' revenue expectations during the quarter, driven by an increase in transaction c
GO vs. OLLI: Which Stock Is the Better Value Option?
Grocery Outlet's (GO) first-quarter results reflect a comparable store sales increase of 3.9%. Management anticipates comparable store sales growth of 3.5-4.5% for 2024.