Grocery Outlet Holding Corp. (GO)

Last Closing Price: 27.36 (2024-04-24)

Company Description

Grocery Outlet Holding Corp. is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products that are sold through a network of independently owned and operated stores. Notably, the company's stores offer a fun, treasure hunt shopping experience in an easy-to-navigate, 'small-box' format of size 15,000-20,000 square feet. The company offers discounted, overstocked and closeout products from name brand and private label suppliers. Stores are operated by Entrepreneurial Independent Operators ('IOs'). The company's flexible buying model allows it to offer products significantly below those of conventional retailers and discounters. It acquires merchandise at considerable discounts arising from order cancellations, manufacturer overruns, packaging changes and approaching 'sell-by' dates. Notably, an ever-changing assortment of 'WOW!' deals, supplemented by competitively priced everyday staples attracts bargain-hunters.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $3.97B
Net Income (Most Recent Fiscal Year) $79.44M
PE Ratio (Current Year Earnings Estimate) 28.55
PE Ratio (Trailing 12 Months) 32.76
PEG Ratio (Long Term Growth Estimate) 2.62
Price to Sales Ratio (Trailing 12 Months) 0.69
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 2.21
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 15.64
Pre-Tax Margin (Trailing 12 Months) 2.62%
Net Margin (Trailing 12 Months) 2.00%
Return on Equity (Trailing 12 Months) 7.17%
Return on Assets (Trailing 12 Months) 2.94%
Current Ratio (Most Recent Fiscal Quarter) 1.35
Quick Ratio (Most Recent Fiscal Quarter) 0.43
Debt to Common Equity (Most Recent Fiscal Quarter) 0.24
Inventory Turnover (Trailing 12 Months) 8.42
Book Value per Share (Most Recent Fiscal Quarter) $12.28
Earnings per Share (Most Recent Fiscal Quarter) $0.13
Earnings per Share (Most Recent Fiscal Year) $0.82
Diluted Earnings per Share (Trailing 12 Months) $0.79
Stock
Exchange NASDAQ
Sector Consumer Defensive
Industry Grocery Stores
Common Shares Outstanding 100.09M
Free Float 93.88M
Market Capitalization $2.72B
Average Volume (Last 20 Days) 1.14M
Beta (Past 60 Months) 0.10
Percentage Held By Insiders (Latest Annual Proxy Report) 6.20%
Percentage Held By Institutions (Latest 13F Reports) 99.87%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%