GO Q1 2023 Earnings — Grocery Outlet Holding Corp. Revenue & Financial Results | Market Cap Arena

GOGrocery Outlet Holding Corp.

$622M

Q1 2023 Earnings

Consumer Defensive Grocery Stores

Income Statement

Revenue

$965M+16.1% YoY

Gross Profit

$301M31.1% margin

Operating Income

$33M3.4% margin

Net Income

$14M1.4% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$88M

Free Cash Flow

$47M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$1.6B

Stockholders' Equity

$1.1B

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$965M	$831M	+16.1%
Gross Profit	$301M	$251M	+19.8%
Operating Income	$33M	$19M	+68.9%
Net Income	$14M	$12M	+18.5%

Revenue Segments

Non-Perishable

$620M64%

Perishable

$346M36%