Grocery Outlet narrows FY23 adjusted EPS view to $1.04-$1.06 from $1.04-$1.08

Consensus $1.08. Backs FY23 revenue view $3.95B, consensus $3.97B. Sees FY23 comparable store sales 7%-7.5%. Sheedy continued, “We are extremely proud to have recently published our first annual ESG report. This report showcases the positive impact that we have on our communities, our people, and our planet. Our mission of Touching Lives for the Better has always been at the heart of our business, and fulfilling this purpose has resulted in positive environmental and social impact throughout our 77-year history.”