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Why Grocery Outlet Stock Gained Today

TheMotleyFool 
0 0 14.08.26
Why Grocery Outlet Stock Gained Today: https://g.foolcdn.com/editorial/images/883380/grocery-gettyimages-1393629872.jpg
 

Shares of Grocery Outlet (NASDAQ: GO) rose on Thursday after the discount retailer raised its full-year sales and profit forecast.

Image source: Getty Images.

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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Source Fool.com

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