Reports Q1 revenue $1.13B, consensus $1.12B. Q1 comparable store sales increased by 0.3%. “We delivered solid first quarter results, with comp-store sales and gross margins slightly ahead of our outlook, driven by traffic growth and tighter inventory management,” said Jason Potter, President and CEO of Grocery Outlet (GO). “We are encouraged by the improvement in our margins and the progress we have made on our real-time order guide.”
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