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Jefferies views the acquisition as positive for Grocery Outl...
Jefferies views the acquisition as positive for Grocery Outlet, forecasting that it will accelerate the company's unit growth to 11% to 12% year-over-year in 2024, slightly above the company's long-term unit growth target of 10%.
Grocery Outlet Looks to Boost Presence in Southeastern Part of U.S. Through New Acquisition
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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