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Grocery Outlet sees Q3 revenue $1.1B, consensus $1.09B

Grocery Outlet (GO) Holding announced Q3 financial update based on its preliminary financial results. The Company expects net sales for the Q3 to be $1.1B, a 10.4% increase versus the prior year period, with comparable store sales increasing 1.2%. The Company expects to meet previously discussed third quarter earnings guidance.

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