---
schema_version: "secwatch.filing_event.v1"
accession: "0001771515-23-000101"
form_type: "8-K"
ticker: "GO"
cik: "0001771515"
company_name: "Grocery Outlet Holding Corp."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T16:44:26.826043+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Grocery Outlet Q3: Net sales up 9.3%, comp sales +6.4%, EPS $0.27, adjusted EBITDA +20%

## Summary
- Net sales rose 9.3% to $1.00B; comparable store sales increased 6.4% (transactions +8.6%, avg ticket -1.9%).
- GAAP net income $27.1M ($0.27 diluted EPS), up 55.1%; adjusted EBITDA $68.1M, up 20.0%.
- Gross margin expanded 80 bps to 31.4%; late-August tech disruption hurt comp sales by ~150 bps and margin by 50 bps.
- Opened 8 new stores in Q3, ending with 455 stores; company updated fiscal 2023 guidance (specifics not in excerpt).

## SEC filing metadata
- accession: 0001771515-23-000101
- form_type: 8-K
- ticker: GO
- cik: 0001771515
- company_name: Grocery Outlet Holding Corp.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1771515/000177151523000101/0001771515-23-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1771515/000177151523000101/go-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001771515-23-000101
- JSON: https://secwatch.observer/filing/0001771515-23-000101.json
- Plain text: https://secwatch.observer/filing/0001771515-23-000101.txt

## Key facts
- Earnings Releases
  Grocery Outlet Holding Corp. reported the third quarter of fiscal 2023 ended September 30, 2023 results: revenue Net sales increased by 9.3% to $1.00 billion, net income Net income increased 55.1% to $27.1 million, or $0.27 per diluted share, EPS $0.27 per diluted share.
  - Period: the third quarter of fiscal 2023 ended September 30, 2023
  - Revenue: Net sales increased by 9.3% to $1.00 billion
  - Net income: Net income increased 55.1% to $27.1 million, or $0.27 per diluted share
  - EPS: $0.27 per diluted share
  - Result: reported results
  source text: forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Grocery Outlet Holding Corp. Announces Third Quarter Fiscal 2023 Financial Results Net sales increased 9.3% Comparable store sales increased 6.4% GAAP net income increased 55.1% with diluted EPS of $0.27 Adjusted EBITDA (1) increased 20.0% to $68.1 million Company updates key guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1771515/000177151523000101/0001771515-23-000101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.