Associated tags: Wine, Health, WOW, Grocery Outlet, Beer, Meat, Retail
Locations: UNITED STATES, TENNESSEE, KENTUCKY, ALABAMA, GEORGIA, VIRGINIA, NORTH CAROLINA, EMERYVILLE, CA, US, PENNSYLVANIA, WASHINGTON, IDAHO, NEVADA, OREGON, CALIFORNIA
EMERYVILLE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the first quarter of fiscal 2024 will be released after the market close on Tuesday, May 7, 2024.
Key Points:
- EMERYVILLE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the first quarter of fiscal 2024 will be released after the market close on Tuesday, May 7, 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 .
EMERYVILLE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced the closing of the previously announced acquisition of United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.
Key Points:
- EMERYVILLE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced the closing of the previously announced acquisition of United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.
- With 40 stores and a distribution center, the acquisition of UGO expands Grocery Outlet’s presence into Tennessee, North Carolina, Georgia, Alabama, Kentucky and Virginia.
- "We are pleased to complete this transaction and extend our footprint into the Southeast," said RJ Sheedy, President and Chief Executive Officer of Grocery Outlet.
- We are excited to welcome the United Grocery Outlet team to the Grocery Outlet family and work together on the many growth opportunities ahead."
Retrieved on:
Tuesday, February 27, 2024
EMERYVILLE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the fourth quarter and full fiscal year 2023 ended December 30, 2023.
Key Points:
- (3) Includes $125 million for the second through fourth quarters of fiscal 2024 from acquisition of UGO.
- (4) Includes $7 million for the second through fourth quarters of fiscal 2024 from acquisition of UGO.
- (5) Includes $15 million for the second through fourth quarters of fiscal 2024 related to anticipated capital improvements for UGO locations.
- A conference call to discuss the fourth quarter and full fiscal 2023 financial results is scheduled for today, February 27, 2024 at 4:30 p.m. Eastern Time.
Retrieved on:
Thursday, February 15, 2024
Acquisition,
Stout,
Honigman LLP,
Southeastern United States,
Grocery Outlet,
UGO,
United Grocery Outlet,
BofA Securities,
Bass,
GO,
Environment,
Retail EMERYVILLE, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced that it has agreed to acquire United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.
Key Points:
- EMERYVILLE, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced that it has agreed to acquire United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.
- RJ Sheedy, President and Chief Executive Officer of Grocery Outlet, stated, "United Grocery Outlet is a natural fit given our similar opportunistic buying strategies, customer value propositions, and shared mission of serving our communities.
- Together, we look forward to growing the positive impact on our community," said Lisa Bryson, CEO of United Grocery Outlet.
- Stout acted as financial advisor and Bass, Berry & Sims PLC acted as legal advisor to Gen Cap and United Grocery Outlet.
Retrieved on:
Tuesday, February 13, 2024
EMERYVILLE, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the fourth quarter and full fiscal 2023 year will be released after the market close on Tuesday, February 27, 2024.
Key Points:
- EMERYVILLE, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the fourth quarter and full fiscal 2023 year will be released after the market close on Tuesday, February 27, 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 .
Retrieved on:
Thursday, January 25, 2024
Supply,
Gap Inc.,
Information technology,
Grocery Outlet,
Food industry,
Walmart,
Food Lion,
Senior advisor,
Value chain,
Better,
Organization,
Omnichannel,
Teaching,
EVP,
SVP,
Growth,
Retail EMERYVILLE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") announced that it has appointed Ramesh Chikkala to the newly created position of EVP, Chief Operations Officer, effective January 22, 2024.
Key Points:
- EMERYVILLE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") announced that it has appointed Ramesh Chikkala to the newly created position of EVP, Chief Operations Officer, effective January 22, 2024.
- This strategic appointment marks a significant milestone as Grocery Outlet continues to scale its business and add additional supply chain and business technology experience to its organization.
- In this newly created COO position, Mr. Chikkala will lead the Company's Supply Chain and Business Technology functions, reporting to RJ Sheedy, President and Chief Executive Officer.
- "I am thrilled to join Grocery Outlet to help scale the business and deliver on the mission of Touching Lives for the Better."
Retrieved on:
Monday, December 11, 2023
Annual report,
RJ,
Grocery Outlet,
CFO,
Interim management,
Better,
Interim,
Growth,
IPO,
SVP,
Management Mr. Bracher will continue in his role through the expected filing of the Company’s annual report on Form 10-K for fiscal 2023.
Key Points:
- Mr. Bracher will continue in his role through the expected filing of the Company’s annual report on Form 10-K for fiscal 2023.
- Mr. Bracher will work closely with Lindsay Gray, who currently serves as SVP, Accounting (Principal Accounting Officer), through his transition.
- The Company today also reaffirmed its outlook for the fourth quarter and guidance for fiscal 2023, as provided on November 7, 2023.
- The Company expects to release financial results for the fourth quarter and full fiscal year 2023 on Tuesday, February 27, 2024.
Retrieved on:
Thursday, November 16, 2023
EMERYVILLE, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”), a high-growth, extreme value retailer of quality, name-brand consumables and fresh products, today announced its store opening in Boardman, Ohio, representing the Company’s presence in nine states.
Key Points:
- EMERYVILLE, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”), a high-growth, extreme value retailer of quality, name-brand consumables and fresh products, today announced its store opening in Boardman, Ohio, representing the Company’s presence in nine states.
- The store will share Independent Operators Eric and Sarah Senges with a second location in New Castle, Pa., only 17 miles apart.
- Both Mr. and Mrs. Senges share a combined background of more than 30 years in retail, including previously operating a Grocery Outlet location in Lake Elsinore, Calf.
- “We are thrilled to be expanding Grocery Outlet’s footprint and opening a store in Ohio,” said Grocery Outlet Chief Executive Officer and President, RJ Sheedy.
Retrieved on:
Tuesday, November 7, 2023
EMERYVILLE, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the third quarter of fiscal 2023 ended September 30, 2023.
Key Points:
- A conference call to discuss the third quarter fiscal 2023 financial results is scheduled for today, November 7, 2023 at 4:30 p.m. Eastern Time.
- In addition to reporting financial results in accordance with accounting principles generally accepted in the United States ("GAAP"), the Company uses EBITDA, adjusted EBITDA, adjusted net income and adjusted earnings per share as supplemental measures of performance.
- Diluted adjusted earnings per share is calculated using adjusted net income, as defined above, and diluted weighted average shares outstanding.
- We expect the variability of these items to have a potentially unpredictable, and a potentially significant, impact on our future GAAP financial results.
Retrieved on:
Tuesday, October 24, 2023
EMERYVILLE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the third quarter of fiscal 2023 will be released after the market close on Tuesday, November 7, 2023.
Key Points:
- EMERYVILLE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the third quarter of fiscal 2023 will be released after the market close on Tuesday, November 7, 2023.
- 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 .
