company background image
GO logo

Grocery Outlet Holding NasdaqGS:GO Stock Report

Last Price

US$16.73

Market Cap

US$1.6b

7D

-12.5%

1Y

-38.9%

Updated

22 Dec, 2024

Data

Company Financials +

Grocery Outlet Holding Corp.

NasdaqGS:GO Stock Report

Market Cap: US$1.6b

GO Stock Overview

Operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. More details

GO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 19.77% per year

Risk Analysis

Profit margins (1.2%) are lower than last year (2.1%)


My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 14 Analysts

Store Expansion And SAP Transition Will Streamline Operations

Key Takeaways Transition to SAP systems enhances operations, positively impacting revenue, earnings, and reducing inefficiencies to improve margins. Expansion of stores and focus on delivering extreme value items is expected to drive customer traffic and revenue growth.
View narrative
US$17.21
FV
2.8% undervalued intrinsic discount
9.14%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
3 days ago author updated this narrative

Grocery Outlet Holding Corp. Competitors

Weis Markets

NYSE:WMK

US$1.9b

Ingles Markets

NasdaqGS:IMKT.A

US$1.3b

Natural Grocers by Vitamin Cottage

NYSE:NGVC

US$897.9m

Dingdong (Cayman)

NYSE:DDL

US$886.7m

Price History & Performance

Summary of share price highs, lows and changes for Grocery Outlet Holding
Historical stock prices
Current Share PriceUS$16.73
52 Week HighUS$29.19
52 Week LowUS$13.60
Beta0.26
1 Month Change-14.38%
3 Month Change2.76%
1 Year Change-38.87%
3 Year Change-40.36%
5 Year Change-50.01%
Change since IPO-41.32%

Recent News & Updates

We Think Grocery Outlet Holding (NASDAQ:GO) Is Taking Some Risk With Its Debt

Dec 17
We Think Grocery Outlet Holding (NASDAQ:GO) Is Taking Some Risk With Its Debt

Grocery Outlet Holding Corp.'s (NASDAQ:GO) 26% Share Price Surge Not Quite Adding Up

Nov 27
Grocery Outlet Holding Corp.'s (NASDAQ:GO) 26% Share Price Surge Not Quite Adding Up

Grocery Outlet Holding: No Signs Of SSS And Gross Margin Improvement Anytime Soon

Nov 07

Recent updates

We Think Grocery Outlet Holding (NASDAQ:GO) Is Taking Some Risk With Its Debt

Dec 17
We Think Grocery Outlet Holding (NASDAQ:GO) Is Taking Some Risk With Its Debt

Grocery Outlet Holding Corp.'s (NASDAQ:GO) 26% Share Price Surge Not Quite Adding Up

Nov 27
Grocery Outlet Holding Corp.'s (NASDAQ:GO) 26% Share Price Surge Not Quite Adding Up

Grocery Outlet Holding: No Signs Of SSS And Gross Margin Improvement Anytime Soon

Nov 07

Slowing Rates Of Return At Grocery Outlet Holding (NASDAQ:GO) Leave Little Room For Excitement

Nov 04
Slowing Rates Of Return At Grocery Outlet Holding (NASDAQ:GO) Leave Little Room For Excitement

Grocery Outlet Holding (NASDAQ:GO) Takes On Some Risk With Its Use Of Debt

Aug 22
Grocery Outlet Holding (NASDAQ:GO) Takes On Some Risk With Its Use Of Debt

Grocery Outlet Holding: Poor SSS Growth Outlook For The Near Term

Aug 21

Grocery Outlet: Q2, Profitability Has Started Normalizing

Aug 08

With Grocery Outlet Holding Corp. (NASDAQ:GO) It Looks Like You'll Get What You Pay For

Aug 02
With Grocery Outlet Holding Corp. (NASDAQ:GO) It Looks Like You'll Get What You Pay For

The Returns At Grocery Outlet Holding (NASDAQ:GO) Aren't Growing

Jul 15
The Returns At Grocery Outlet Holding (NASDAQ:GO) Aren't Growing

Grocery Outlet Holding: Remain Sell Rated As SSS Outlook Is Still Uncertain

May 30

Market Participants Recognise Grocery Outlet Holding Corp.'s (NASDAQ:GO) Earnings

Apr 18
Market Participants Recognise Grocery Outlet Holding Corp.'s (NASDAQ:GO) Earnings

Grocery Outlet Holding (NASDAQ:GO) Seems To Use Debt Quite Sensibly

Mar 28
Grocery Outlet Holding (NASDAQ:GO) Seems To Use Debt Quite Sensibly

Grocery Outlet Holding: Very Negative On This UGO Acquisition In The Near Term

Mar 15

Results: Grocery Outlet Holding Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts

Mar 02
Results: Grocery Outlet Holding Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts

Grocery Outlet Offers A Novel Business Model And Growth

Feb 01

Grocery Outlet Holding (NASDAQ:GO) May Have Issues Allocating Its Capital

Jan 17
Grocery Outlet Holding (NASDAQ:GO) May Have Issues Allocating Its Capital

Grocery Outlet Holding Corp.'s (NASDAQ:GO) Share Price Not Quite Adding Up

Dec 27
Grocery Outlet Holding Corp.'s (NASDAQ:GO) Share Price Not Quite Adding Up

Here's Why Grocery Outlet Holding (NASDAQ:GO) Can Manage Its Debt Responsibly

Dec 06
Here's Why Grocery Outlet Holding (NASDAQ:GO) Can Manage Its Debt Responsibly

Is There An Opportunity With Grocery Outlet Holding Corp.'s (NASDAQ:GO) 48% Undervaluation?

Oct 07
Is There An Opportunity With Grocery Outlet Holding Corp.'s (NASDAQ:GO) 48% Undervaluation?

Capital Allocation Trends At Grocery Outlet Holding (NASDAQ:GO) Aren't Ideal

Aug 28
Capital Allocation Trends At Grocery Outlet Holding (NASDAQ:GO) Aren't Ideal

Does Grocery Outlet Holding (NASDAQ:GO) Have A Healthy Balance Sheet?

Jul 03
Does Grocery Outlet Holding (NASDAQ:GO) Have A Healthy Balance Sheet?

Here's What's Concerning About Grocery Outlet Holding's (NASDAQ:GO) Returns On Capital

May 27
Here's What's Concerning About Grocery Outlet Holding's (NASDAQ:GO) Returns On Capital

Is Grocery Outlet Holding (NASDAQ:GO) A Risky Investment?

Mar 28
Is Grocery Outlet Holding (NASDAQ:GO) A Risky Investment?

Are Investors Undervaluing Grocery Outlet Holding Corp. (NASDAQ:GO) By 50%?

Feb 26
Are Investors Undervaluing Grocery Outlet Holding Corp. (NASDAQ:GO) By 50%?

Grocery Outlet Holding (NASDAQ:GO) Will Want To Turn Around Its Return Trends

Dec 25
Grocery Outlet Holding (NASDAQ:GO) Will Want To Turn Around Its Return Trends

Grocery Outlet Holding (NASDAQ:GO) Has A Somewhat Strained Balance Sheet

Dec 06
Grocery Outlet Holding (NASDAQ:GO) Has A Somewhat Strained Balance Sheet

Shareholder Returns

GOUS Consumer RetailingUS Market
7D-12.5%-2.7%-2.4%
1Y-38.9%44.4%23.3%

Return vs Industry: GO underperformed the US Consumer Retailing industry which returned 44.4% over the past year.

Return vs Market: GO underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is GO's price volatile compared to industry and market?
GO volatility
GO Average Weekly Movement8.7%
Consumer Retailing Industry Average Movement5.6%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: GO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GO's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1946949Eric Lindbergwww.groceryoutlet.com

Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products. The company was founded in 1946 and is headquartered in Emeryville, California.

Grocery Outlet Holding Corp. Fundamentals Summary

How do Grocery Outlet Holding's earnings and revenue compare to its market cap?
GO fundamental statistics
Market capUS$1.63b
Earnings (TTM)US$51.26m
Revenue (TTM)US$4.26b

31.7x

P/E Ratio

0.4x

P/S Ratio

Is GO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GO income statement (TTM)
RevenueUS$4.26b
Cost of RevenueUS$2.97b
Gross ProfitUS$1.30b
Other ExpensesUS$1.25b
EarningsUS$51.26m

Last Reported Earnings

Sep 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin30.42%
Net Profit Margin1.20%
Debt/Equity Ratio35.0%

How did GO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:45
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Grocery Outlet Holding Corp. is covered by 20 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Karen ShortBarclays
Brian McNamaraBerenberg