Grocery Outlet narrows FY22 adjusted EPS guidance to $1.00 from 97c-$1.00,

consensus $1.00. Raises FY22 revenue view to ~$3.55B from $3.46B-$3.48B, consensus $3.48B. Lowers FY22 new store opening view to 26 from 28. Charles Bracher, CFO of Grocery Outlet, commented, "We are raising our full year top and bottom-line expectations reflecting third quarter outperformance and strong quarter-to-date trends as we are executing well on our strategic priorities. Our foundation is strong, and we continue to invest in support of our growth initiatives in order to drive long-term shareholder value."