Grocery Outlet Q3 Gross Profit $353.003 Million
Story updates
09:08:12 PM UTC
SquawkNews
Q3 net sales rose 0.9% to $1.18B, with comparable-store sales up 0.5%; gross margin fell 40 basis points to 30.0%. Operating income was $24.0M, including $3.6M in net restructuring credits.Material DetailsContext by AI AnalystThis quarter marks a return to positive comparable-store sales amid the o…