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Grocery Outlet Q1: Revenue Surges, Comps Dip
Published 2 days, 7 hours ago
Description
Grocery Outlets Q1 results show a 3.6% revenue increase to $1.17 billion, with adjusted EBITDA at $43.1 million and EPS at $0.05. Theyre focusing on value plays, opportunistic buys, and store refreshes, leading to positive feedback and improved net promoter scores. Despite a slight dip in comparable store sales, theyre optimistic about the future, with new leadership and a focus on steady growth.
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