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Grocery Outlet Holding Corp. GO

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.7B
▲ 7.3% YoY
$-224.9M
▼ 669.9% YoY
$23.8M
In brief

What this company does

Grocery Outlet Holding Corp. is an extreme value retailer of name-brand consumables and fresh products sold primarily through a network of independently operated stores. As of January 3, 2026, it had 570 stores in California, Washington, Oregon, Pennsylvania, Tennessee, Idaho, Nevada, Maryland, Ohio, New Jersey, North Carolina, Georgia, Alabama, Delaware, Kentucky, and Virginia. As of the same date, it had 2,207 employees, of whom 1,642 were full-time and 565 were part-time. Independent operators, who run the majority of its stores, initially contribute capital to establish their business and generally share 50% of store-level gross profits with the company. As of January 3, 2026, 529 of its stores were operated by independent operators, with the remaining 41 operated directly by the company. It distributed inventory through nine primary distribution centers, four of which it operates for dry goods and five of which are operated by third parties for cold items, produce, and dry goods. Grocery Outlet Holding Corp. was incorporated in Delaware on September 11, 2014.

Written from the business description in Grocery Outlet Holding Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.

Growth
USD 4.7B
Revenue, FY2025 · full 9-year series below
Revenue $B Net income $B
FY2025 · Revenue 4.7 · Net income -0.2
2B4B201720182019202020212022202320242025
Compound annual growth
+9.4%
+8.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +8.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−5 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -4.7% · Net -4.8%
1%2%3%-2%-4%201720182019202020212022202320242025
ROE
FY2025 · ROE -20.6%
5%10%-10%-20%201720182019202020212022202320242025

Each USD of equity lost 21 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 23.8
50.0M100.0M-25.0M-50.0M201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 0.0 · Net buybacks 0.0
80M201720182019202020212022202320242025

Total assetsUSD 3.1B
EquityUSD 983.7M
CashUSD 69.6M
Gross debtUSD 492.9M
Net debtUSD 423.3M
Current ratio1.37×

Net debt stands at 43% of equity.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020201920182017
Revenue $B4.74.44.03.63.13.12.62.32.1
Operating income $B−0.20.10.10.10.10.10.10.10.1
EBITDA $B−0.10.20.20.20.20.20.10.10.1
Income tax $B−0.00.00.00.00.0−0.00.00.00.0
Net income $B−0.20.00.10.10.10.10.00.00.0
Free cash flow $B0.0−0.10.10.10.00.10.00.00.0
EPS, diluted $−2.300.400.790.650.631.080.190.230.30
Dividend / sh $·········
Payout %−000000249686
ROE %−20.63.36.86.16.512.83.04.44.8
Shares out B0.100.100.100.100.100.090.09··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 43 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 52 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRetail-Grocery Stores
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJanuary 2
Data on record since2017

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