OverviewSuggest Edit

Grocery Outlet is a company that retails brand groceries at discount prices. It distributes frozen food, refrigerated products, fresh meat, health and beauty products. In addition, the company offers organic products. 
TypePublic
Founded1946
HQEmeryville, CA, US
Websitegroceryoutlet.com
Employee Ratings3.7
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2018)672
Job Openings57
Revenue (FY, 2019)$2.6 B(+12%)
Share Price (Sept 2021)$22.8(-1%)
Cybersecurity ratingCMore

Key People/Management at Grocery Outlet

Eric Lindberg

Eric Lindberg

CEO
MacGregor Read

MacGregor Read

Vice Chairman
RJ Sheedy

RJ Sheedy

President
Pamela Burke

Pamela Burke

CAO, General Counsel
Charles Bracher

Charles Bracher

Chief Finance Officer
Heather Mayo

Heather Mayo

EVP, Chief Sales & Merchandising Officer – East
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Grocery Outlet Office Locations

Grocery Outlet has an office in Emeryville
Emeryville, CA, US (HQ)
5650 Hollis Street
Show all (1)

Grocery Outlet Financials and Metrics

Grocery Outlet Revenue

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View revenue for all periods
Grocery Outlet's revenue was reported to be $2.56 b in FY, 2019
USD

Revenue (FY, 2019)

2.6b

Gross profit (FY, 2019)

787.1m

Gross profit margin (FY, 2019), %

30.8%

Net income (FY, 2019)

15.4m

EBIT (FY, 2019)

68.3m

Market capitalization (22-Sept-2021)

2.2b

Closing stock price (22-Sept-2021)

22.8

Cash (28-Dec-2019)

28.1m

EV

2.6b
Grocery Outlet's current market capitalization is $2.2 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.8b2.1b2.3b2.6b

Revenue growth, %

13%10%

Cost of goods sold

1.3b1.4b1.6b1.8b

Gross profit

561.2m631.9m695.4m787.1m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q2, 2019Q3, 2019

Revenue

488.8m527.3m525.4m550.6m575.1m576.8m645.3m652.5m

Cost of goods sold

337.8m365.8m366.5m382.0m399.9m401.3m446.6m451.5m

Gross profit

151.0m161.5m158.9m168.6m175.1m175.5m198.7m201.1m

Gross profit Margin, %

31%31%30%31%30%30%31%31%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

5.8m21.1m28.1m

Accounts Receivable

6.7m7.1m7.0m

Prepaid Expenses

11.5m13.4m13.5m

Inventories

183.0m198.3m219.4m
Quarterly
USDQ2, 2019Q3, 2019

Cash

18.7m44.0m

Accounts Receivable

6.8m6.6m

Prepaid Expenses

17.2m17.3m

Inventories

202.7m206.4m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

10.2m20.6m15.9m15.4m

Depreciation and Amortization

26.4m31.8m37.1m42.9m

Inventories

(20.4m)(18.2m)(15.3m)(21.1m)

Accounts Payable

10.0m10.3m3.9m22.6m
Quarterly
USDQ2, 2019Q3, 2019

Net Income

(6.9m)5.6m

Depreciation and Amortization

20.9m32.3m

Inventories

(4.4m)(8.1m)

Accounts Payable

3.6m20.2m
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Grocery Outlet Operating Metrics

Grocery Outlet's Stores was reported to be 316 in FY, 2018.
FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018

Stores

265273280282293293296300307316316

Stores Opened

2987311293481126

SKUs Offered

85 k

Suppliers

1.5 k
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Grocery Outlet Revenue Breakdown

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Grocery Outlet revenue breakdown by business segment: 66.4% from Non-perishable departments and 33.6% from Perishable departments

Grocery Outlet Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Grocery Outlet Online and Social Media Presence

Embed Graph

Grocery Outlet Company Culture

  • Overall Culture

    D-

    54/100

  • CEO Rating

    F

    52/100

  • Compensation

    F

    43/100

  • Diversity

    D

    57/100

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Grocery Outlet News and Updates

Nabati Plant Eggz™ Now Available at The Grocery Outlet in Ontario

Nabati Foods’s plant-based liquid egg alternative is now for sale in all 13 The Grocery Outlet locations Nabati Foods’s plant-based liquid egg alternative is now for sale in all 13 The Grocery Outlet locations

Grocery Outlet Holding Corp. Announces Participation In The Goldman Sachs 28th Annual Global Retailing Conference

EMERYVILLE, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”) today announced that the Company will be participating in a virtual fireside chat at the Goldman Sachs 28th Annual Global Retailing Conference on Thursday, September …

The Ratings Game: Grocery Outlet shares slide on concerns the retailer can’t hold on to customers gained during COVID

Grocery Outlet stock fell 11% in Wednesday trading after the retailer missed earnings expectations and was downgraded at MKM Partners.

Earnings Results: Grocery Outlet stock sinks after sales miss

Grocery Outlet Holding Corp. shares fell sharply in extended trading after the supermarket chain reported mixed first-quarter results Tuesday, with net income beating but revenue falling short of analyst expectations.

Grocery Outlet Holding Corp. Announces Participation In The UBS Global Consumer and Retail Virtual Conference

EMERYVILLE, Calif., March 03, 2021 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”) today announced that the Company will be participating in a virtual fireside chat at the UBS Global Consumer and Retail Virtual Conference on Tuesday, March 9, 2021 …

Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2020 Financial Results

EMERYVILLE, Calif., March 02, 2021 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the fourth quarter and full fiscal year 2020 ended January 2, 2021, both of which contained one additional week ("53rd week") v…
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Grocery Outlet Frequently Asked Questions

  • When was Grocery Outlet founded?

    Grocery Outlet was founded in 1946.

  • Who are Grocery Outlet key executives?

    Grocery Outlet's key executives are Eric Lindberg, MacGregor Read and RJ Sheedy.

  • How many employees does Grocery Outlet have?

    Grocery Outlet has 672 employees.

  • What is Grocery Outlet revenue?

    Latest Grocery Outlet annual revenue is $2.6 b.

  • What is Grocery Outlet revenue per employee?

    Latest Grocery Outlet revenue per employee is $3.8 m.

  • Who are Grocery Outlet competitors?

    Competitors of Grocery Outlet include Dole, Heinen's and Tops Markets.

  • Where is Grocery Outlet headquarters?

    Grocery Outlet headquarters is located at 5650 Hollis Street, Emeryville.

  • Where are Grocery Outlet offices?

    Grocery Outlet has an office in Emeryville.

  • How many offices does Grocery Outlet have?

    Grocery Outlet has 1 office.