Grocery Outlet/GO

$21.42

-2.64%
-
1D1W1MYTD1YMAX

About Grocery Outlet

Grocery Outlet Holding Corp. is a retailer of name-brand consumables and fresh products sold through a network of independently operated stores. The Company operates over 470 stores in California, Washington, Oregon, Pennsylvania, Idaho, Nevada, Maryland, New Jersey and Ohio. Its product offering includes staples, across grocery, refrigerated and frozen foods, beer and wine, fresh meat and seafood, and health and beauty care, others. It distributes inventory through eight primary distribution centers, three of which it operates and five of which are operated by third parties. It has an in-house transportation fleet, as well as transportation partner relationships. It also owns United Grocery Outlet, a closeout grocery retailer with over 40 stores in Tennessee, North Carolina, Georgia, Alabama, Kentucky, and Virginia. It is focused on centralized marketing efforts primarily on digital ads, emailed WOW! Alerts, social media and radio commercials, and in-store and outdoor signage.

Ticker

GO

Sector

Consumer Non-Cyclicals

Trading on

NASDAQ

Industry

Retail (Grocery)

CEO

Eric Lindberg

Employees

901

Headquarters

Emeryville, United States

Grocery Outlet Metrics

BasicAdvanced
$2.3B
Market cap
35.28
P/E ratio
$0.64
EPS
0.09
Beta
-
Dividend rate
$2.3B
0.09479
$36.54
$19.73
1.7M
1.252
0.303
23.3
23.76
7.66%
2.25%
5.5%
2.56%
35.283
0.559
1.85
5.698
54.722
8.86%
-4.21%
8.19%
-10.09%

What the Analysts think about Grocery Outlet

Analyst Ratings

Majority rating from 12 analysts.
Hold

Price Targets

Average projection from 11 analysts.
21.38% upside
High $32.00
Low $21.00
$21.42
Current price
$26.00
Average price target

Grocery Outlet Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-0.09% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1B
4.76%
Net income
-$1M
-107.09%
Profit margin
-0.09%
-106.34%

Grocery Outlet Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 51.13%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.32
$0.31
$0.18
$0.09
-
Expected
$0.26
$0.27
$0.16
$0.18
$0.20
Surprise
23.19%
15.71%
11.28%
-51.13%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Grocery Outlet stock?

Grocery Outlet (GO) has a market cap of $2.3B as of May 29, 2024.

What is the P/E ratio for Grocery Outlet stock?

The price to earnings (P/E) ratio for Grocery Outlet (GO) stock is 35.28 as of May 29, 2024.

Does Grocery Outlet stock pay dividends?

No, Grocery Outlet (GO) stock does not pay dividends to its shareholders as of May 29, 2024.

When is the next Grocery Outlet dividend payment date?

Grocery Outlet (GO) stock does not pay dividends to its shareholders.

What is the beta indicator for Grocery Outlet?

Grocery Outlet (GO) has a beta rating of 0.09. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Grocery Outlet stock price target?

The target price for Grocery Outlet (GO) stock is $26, which is 21.38% above the current price of $21.42. This is an average based on projections from 11 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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