GO Q2 2023 Earnings — Grocery Outlet Holding Corp. Revenue & Financial Results | Market Cap Arena

GOGrocery Outlet Holding Corp.

$622M

Q2 2023 Earnings

Consumer Defensive Grocery Stores

Income Statement

Revenue

$1.0B+12.5% YoY

Gross Profit

$327M32.3% margin

Operating Income

$36M3.6% margin

Net Income

$24M2.4% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$36M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$1.7B

Stockholders' Equity

$1.2B

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$898M	+12.5%
Gross Profit	$327M	$279M	+16.9%
Operating Income	$36M	$27M	+35.6%
Net Income	$24M	$20M	+21.8%

Revenue Segments

Non-Perishable

$650M64%

Perishable

$360M36%