Grocery outlet holding corp. announces first quarter fiscal 2023 financial results

Q1 fiscal 2023 net sales increased 16.1% comparable store sales grew 12.1% driven by a 7.9% increase in transactions gaap net income increased 18.5% with diluted eps of $0.14 adjusted ebitda (1) increased 36.9% , up 100 basis points as a percentage of net sales company raises guidance for fiscal 2023
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