GO Q1 2024 Earnings — Grocery Outlet Holding Corp. Revenue & Financial Results | Market Cap Arena

GOGrocery Outlet Holding Corp.

$622M

Q1 2024 Earnings

Consumer Defensive Grocery Stores

Income Statement

Revenue

$1.0B+7.4% YoY

Gross Profit

$304M29.3% margin

Operating Income

$563,0000.1% margin

Net Income

-$1M-0.1% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+4.8%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$41M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.7B

Stockholders' Equity

$1.2B

Cash & Equivalents

$67M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$965M	+7.4%
Gross Profit	$304M	$301M	+1.1%
Operating Income	$563,000	$33M	-98.3%
Net Income	-$1M	$14M	-107.5%

Revenue Segments

Non-Perishable

$657M63%

Perishable

$380M37%