GO Q2 2024 Earnings — Grocery Outlet Holding Corp. Revenue & Financial Results | Market Cap Arena

GOGrocery Outlet Holding Corp.

$622M

Q2 2024 Earnings

Consumer Defensive Grocery Stores

Income Statement

Revenue

$1.1B+11.7% YoY

Gross Profit

$349M30.9% margin

Operating Income

$26M2.3% margin

Net Income

$14M1.2% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

-$808,000

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.9B

Stockholders' Equity

$1.2B

Cash & Equivalents

$67M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.0B	+11.7%
Gross Profit	$349M	$327M	+6.9%
Operating Income	$26M	$36M	-28.4%
Net Income	$14M	$24M	-42.8%

Revenue Segments

Non-Perishable

$704M62%

Perishable

$424M38%