Financial PerformanceGrocery Outlet Holding Corp. reports net sales growth of 10.4% year-over-year, driven by comparable store sales and new store openings.
Growth And ExpansionGrocery Outlet is expected to be on track for around 10% store growth in 2024 and beyond, which should benefit top-line growth and brand visibility.
Leadership And ManagementThe worst may be behind as former CEO Eric Lindberg retakes the reins, providing stability.