Grocery Outlet Holding Past Earnings Performance
Past criteria checks 5/6
Grocery Outlet Holding has been growing earnings at an average annual rate of 22.2%, while the Consumer Retailing industry saw earnings growing at 14% annually. Revenues have been growing at an average rate of 10.5% per year. Grocery Outlet Holding's return on equity is 6.5%, and it has net margins of 2%.
Key information
22.2%
Earnings growth rate
19.4%
EPS growth rate
| Consumer Retailing Industry Growth | 10.9% |
| Revenue growth rate | 10.5% |
| Return on equity | 6.5% |
| Net Margin | 2.0% |
| Last Earnings Update | 30 Dec 2023 |
Recent past performance updates
Recent updates
Market Participants Recognise Grocery Outlet Holding Corp.'s (NASDAQ:GO) Earnings
Apr 18
Grocery Outlet Holding (NASDAQ:GO) Seems To Use Debt Quite Sensibly
Mar 28Grocery Outlet Holding: Very Negative On This UGO Acquisition In The Near Term
Mar 15Results: Grocery Outlet Holding Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 02Grocery Outlet Offers A Novel Business Model And Growth
Feb 01Grocery Outlet Holding (NASDAQ:GO) May Have Issues Allocating Its Capital
Jan 17Grocery Outlet Holding Corp.'s (NASDAQ:GO) Share Price Not Quite Adding Up
Dec 27Here's Why Grocery Outlet Holding (NASDAQ:GO) Can Manage Its Debt Responsibly
Dec 06Is There An Opportunity With Grocery Outlet Holding Corp.'s (NASDAQ:GO) 48% Undervaluation?
Oct 07Capital Allocation Trends At Grocery Outlet Holding (NASDAQ:GO) Aren't Ideal
Aug 28Does Grocery Outlet Holding (NASDAQ:GO) Have A Healthy Balance Sheet?
Jul 03Here's What's Concerning About Grocery Outlet Holding's (NASDAQ:GO) Returns On Capital
May 27Is Grocery Outlet Holding (NASDAQ:GO) A Risky Investment?
Mar 28Are Investors Undervaluing Grocery Outlet Holding Corp. (NASDAQ:GO) By 50%?
Feb 26Grocery Outlet Holding (NASDAQ:GO) Will Want To Turn Around Its Return Trends
Dec 25Grocery Outlet Holding (NASDAQ:GO) Has A Somewhat Strained Balance Sheet
Dec 06Grocery Outlet Holding (NASDAQ:GO) Will Want To Turn Around Its Return Trends
Sep 06Is Grocery Outlet Holding (NASDAQ:GO) Using Too Much Debt?
Aug 15Grocery Outlet Holding Corp.: Too Pricey Even With The Growth
Aug 04Estimating The Fair Value Of Grocery Outlet Holding Corp. (NASDAQ:GO)
Jun 07Grocery Outlet: Look For A Bargain
May 24Capital Allocation Trends At Grocery Outlet Holding (NASDAQ:GO) Aren't Ideal
May 19Is Grocery Outlet Holding (NASDAQ:GO) Using Too Much Debt?
May 01Revenue & Expenses BreakdownBeta
How Grocery Outlet Holding makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Dec 23 | 3,969 | 79 | 1,116 | 0 |
| 30 Sep 23 | 3,910 | 81 | 1,018 | 0 |
| 01 Jul 23 | 3,825 | 72 | 996 | 0 |
| 01 Apr 23 | 3,712 | 67 | 958 | 0 |
| 31 Dec 22 | 3,578 | 65 | 997 | 0 |
| 01 Oct 22 | 3,430 | 56 | 948 | 0 |
| 02 Jul 22 | 3,281 | 55 | 886 | 0 |
| 02 Apr 22 | 3,159 | 55 | 830 | 0 |
| 01 Jan 22 | 3,080 | 62 | 860 | 0 |
| 02 Oct 21 | 3,104 | 80 | 785 | 0 |
| 03 Jul 21 | 3,099 | 103 | 785 | 0 |
| 03 Apr 21 | 3,127 | 113 | 796 | 0 |
| 02 Jan 21 | 3,135 | 107 | 810 | 0 |
| 26 Sep 20 | 2,983 | 92 | 783 | 0 |
| 27 Jun 20 | 2,872 | 64 | 753 | 0 |
| 28 Mar 20 | 2,714 | 24 | 725 | 0 |
| 28 Dec 19 | 2,560 | 15 | 671 | 0 |
| 28 Sep 19 | 2,489 | 1 | 648 | 0 |
| 29 Jun 19 | 2,414 | -4 | 624 | 0 |
| 30 Mar 19 | 2,343 | 14 | 584 | 0 |
| 29 Dec 18 | 2,288 | 16 | 568 | 0 |
| 30 Dec 17 | 2,075 | 21 | 512 | 0 |
| 31 Dec 16 | 1,832 | 10 | 460 | 0 |
Quality Earnings: GO has high quality earnings.
Growing Profit Margin: GO's current net profit margins (2%) are higher than last year (1.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GO's earnings have grown significantly by 22.2% per year over the past 5 years.
Accelerating Growth: GO's earnings growth over the past year (22.3%) exceeds its 5-year average (22.2% per year).
Earnings vs Industry: GO earnings growth over the past year (22.3%) exceeded the Consumer Retailing industry 14.4%.
Return on Equity
High ROE: GO's Return on Equity (6.5%) is considered low.