Grocery Outlet experienced a mixed second quarter in fiscal 2025. While net sales increased by 4.5% to $1.18 billion and comparable store sales grew by 1.1%, the company's net income significantly decreased to $5.0 million from $14.0 million in the prior year. Adjusted net income also saw a decline. The company's gross margin slightly decreased, attributed to pricing adjustments, but was partially offset by improvements in inventory management. Operating income was impacted by restructuring charges.

Grocery Outlet reported increased net sales and gross profit for the first quarter of fiscal 2025, driven by new store sales and improved inventory management. Despite an operating loss and net loss due to restructuring charges, adjusted net income and adjusted EBITDA saw significant increases.

Grocery Outlet Holding Corp. reported solid fourth quarter results with net sales increasing by 10.9% to $1.10 billion and adjusted EBITDA increasing by 12.5% to $57.2 million. However, net income decreased significantly to $2.3 million from $14.1 million in the prior year, primarily due to lower gross margin and higher selling, general and administrative expenses.

Grocery Outlet's Q3 2024 saw a 10.4% increase in net sales, reaching $1.11 billion, and a 1.2% rise in comparable store sales driven by transaction growth. However, net income decreased by 10.9% to $24.2 million due to challenges with systems conversion.

Grocery Outlet reported an 11.7% increase in net sales, reaching $1.13 billion, and a 2.9% increase in comparable store sales driven by transaction growth. However, net income decreased by 42.8% to $14.0 million, or $0.14 per share.

Grocery Outlet reported a 7.4% increase in net sales, reaching $1.04 billion, and a 3.9% rise in comparable store sales driven by a 7.0% increase in transactions. However, gross margin decreased by 180 basis points due to disruptions from new technology platforms. The company opened six new stores, bringing the total to 474 stores. Net loss was $1.0 million, or $(0.01) per share.

Grocery Outlet reported a 6.3% increase in net sales to $989.8 million and a 2.7% increase in comparable store sales, driven by a 7.5% increase in transactions. The company opened 13 new stores, ending the quarter with 468 stores. Net income decreased 11.2% to $14.1 million, or $0.14 per diluted share.

Grocery Outlet reported a 9.3% increase in net sales to $1.00 billion and a 6.4% increase in comparable store sales. Net income increased by 55.1% to $27.1 million, with diluted EPS of $0.27. Adjusted EBITDA increased by 20.0% to $68.1 million.

Grocery Outlet announced strong second quarter fiscal 2023 results, with net sales increasing by 12.5% to $1.01 billion and comparable store sales increasing by 9.2%. Net income increased 21.8% to $24.5 million, or $0.24 per diluted share. The company is raising key guidance figures for fiscal 2023.

Grocery Outlet's Q1 2023 net sales increased by 16.1% to $965.5 million, with comparable store sales up 12.1%. Net income rose by 18.5% to $13.7 million, or $0.14 per diluted share. The company opened three new stores, bringing the total to 444 stores. They are raising guidance for fiscal year 2023.

Grocery Outlet reported strong Q4 2022 results, with net sales increasing by 18.9% to $930.8 million and comparable store sales growing by 15.1%. Net income increased by 139.3% to $15.9 million, or $0.16 per diluted share. The company opened ten new stores, ending the quarter with 441 stores in eight states.

Grocery Outlet's Q3 2022 results showed strong performance with a 19.4% increase in net sales to $918.2 million and a 15.4% increase in comparable store sales. The company opened six new stores, ending the quarter with 431 stores. Net income increased by 2.1% to $17.5 million, or $0.17 per diluted share.

Grocery Outlet Holding Corp. announced strong financial results for the second quarter of fiscal 2022. Net sales increased by 15.7% to $897.7 million, and comparable store sales increased by 11.2%. The company opened seven new stores, ending the quarter with 425 stores. Net income increased by 2.3% to $20.1 million, or $0.20 per diluted share. The company is raising its fiscal 2022 outlook on key metrics.

Grocery Outlet announced its third quarter fiscal 2021 financial results, with net sales increasing by 0.6% to $768.9 million. The company opened 7 new stores, ending the quarter with 407 stores. Net income decreased 57.7% to $17.1 million, or $0.17 per diluted share.

Grocery Outlet's Q2 2021 results showed a decrease in net sales by 3.5% to $775.5 million and a decrease in comparable store sales by 10.0%. Net income also decreased by 33.0% to $19.6 million, or $0.20 per diluted share. The company opened 11 new stores, bringing the total to 400 stores.

Grocery Outlet's first quarter fiscal 2021 saw a slight decrease in net sales by 1.0% to $752.5 million, but a significant increase in net income by 49.4% to $18.9 million, or $0.19 per diluted share. The company opened 10 new stores, ending the quarter with 389 stores. Comparable store sales decreased by 8.2% compared to a 17.4% increase in the same period last year.

Grocery Outlet reported a strong fourth quarter and fiscal year 2020, marked by a 23.1% increase in net sales for the quarter, driven by a 7.9% rise in comparable store sales and the inclusion of a 53rd week. Net income saw a significant increase of 146.8%. The company opened eight new stores during the quarter, expanding its footprint to 380 stores across six states.

Grocery Outlet reported a strong third quarter in fiscal year 2020, marked by a 17.1% increase in net sales, reaching $764.1 million, and a 9.1% increase in comparable store sales. The company's net income saw a substantial rise of 225.2% to $40.5 million. Grocery Outlet opened 10 new stores, bringing the total to 372 stores across six states.

Grocery Outlet reported a strong second quarter in fiscal 2020, marked by a 24.5% increase in net sales, reaching $803.4 million, and a 16.7% increase in comparable store sales. Net income increased significantly by $40.0 million to $29.3 million. The company opened 7 new stores, expanding its network to 362 stores across six states.

Grocery Outlet reported a strong first quarter in fiscal year 2020, marked by a 25.4% increase in net sales, a 17.4% rise in comparable store sales, and a 235.0% surge in net income. The company opened eight net new stores, bringing the total to 355 stores across six states. While not providing formal 2020 earnings guidance due to COVID-19 uncertainties, Grocery Outlet remains confident in its ability to execute its long-term growth strategies.

Grocery Outlet reported a 12.0% increase in net sales to $655.5 million for Q4 2019, with a 5.1% increase in comparable store sales. Net income rose to $9.8 million, or $0.11 per diluted share, and adjusted EBITDA increased by 5.6% to $41.5 million. The company also opened ten new stores, expanding its total to 347 stores across six states.