Why Grocery Outlet Stock Gained Today
The retailer is righting the ship.
Overview
Shares of Grocery Outlet (NASDAQ: GO) rose on Thursday after the discount retailer raised its full-year sales and profit forecast.
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Grocery Outlet's net sales inched up 1.1% to $1.2 billion in its fiscal second quarter, which ended on July 4.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.