Grocery Outlet Holding Corp. revised earnings guidance for the year 2024. For the year, the company expected net sales to be $4.30 billion to $4.35 billion compared to previous guidance of $4.30 billion to $4.35 billion.

Comparable store sales increase to be 3.5% to 4.5% compared to previous guidance of 3.0% to 4.0%. Gross margin to be ~30.5% compared to previous guidance of ~31.3%.