---
schema_version: "secwatch.filing_event.v1"
accession: "0001771515-24-000128"
form_type: "8-K"
ticker: "GO"
cik: "0001771515"
company_name: "Grocery Outlet Holding Corp."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:22:32.141120+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Grocery Outlet Q2 net sales up 11.7% to $1.13B, net income falls 42.8%, comps +2.9%

## Summary
- Net sales $1.13B, +11.7% YoY; comparable store sales +2.9% (transactions +5.1%, avg ticket -2.1%).
- Gross margin 30.9%, down 140 bps; tech disruptions estimated to have negatively impacted by 100 bps.
- Net income $14.0M ($0.14 EPS), -42.8% YoY; adjusted net income $25.1M ($0.25 adj. diluted EPS).
- Adjusted EBITDA $67.9M (6.0% of sales), -3.7% YoY.
- Ended with 524 stores: opened 11 new, closed 1, plus 40 acquired from United Grocery Outlet on Apr 1.

## SEC filing metadata
- accession: 0001771515-24-000128
- form_type: 8-K
- ticker: GO
- cik: 0001771515
- company_name: Grocery Outlet Holding Corp.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1771515/000177151524000128/0001771515-24-000128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1771515/000177151524000128/go-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001771515-24-000128
- JSON: https://secwatch.observer/filing/0001771515-24-000128.json
- Plain text: https://secwatch.observer/filing/0001771515-24-000128.txt

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