Grocery Outlet Q4 net sales up 18.9%, comps up 15.1%, net income up 139.3%

Grocery Outlet Holding Corp.

2022-FY EPS reported $0.65 revenue$3,578,101,000

Q4 fiscal 2022 net sales increased 18.9% year-over-year.
Comparable store sales grew 15.1%, driven by a 10.0% increase in transactions.
Net income increased 139.3% with diluted EPS of $0.16.
Company provided fiscal 2023 outlook; specific guidance not included in filing.
Updated non-GAAP definitions: adjusted EBITDA, net income, EPS no longer exclude non-cash rent and AR reserves.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Grocery Outlet Holding Corp. reported financial results for the fiscal quarter and fiscal year ended December 31, 2022.

Period: the fiscal quarter and fiscal year ended December 31, 2022
Result: reported results

Exact text from the filing

On February 28, 2023, Grocery Outlet Holding Corp. (the "Company") announced its financial results for the fiscal quarter and fiscal year ended December 31, 2022.

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Source: SEC EDGAR

accession 0001771515-23-000007

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