Grocery Outlet

Grocery Retail · California, United States · 1K - 5K Employees

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Overview

Headquarters

5650 Hollis St Ste 100, Emeryville, Cali...

Phone Number

(510) 845-1999

Revenue

$4.7 Billion

Stock Symbol

GO

Industry

Grocery Retail Retail
ZI Rank: 5
Signal Type
Mar
Apr
May
Jun
Jul
Aug
ZI Rank
2
3
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3
5
5

About Grocery Outlet

Grocery Outlet, founded in 1946 and headquartered in Emeryville, California, is a leading extreme value grocery retailer in the United States. The company operates numerous locations across multiple states, offering a diverse product selection including frozen foods, refrigerated products, produce, fresh meat, general merchandise, health and beauty items, natural and organic foods, and alcoholic beverages. Grocery Outlet creates a unique treasure hunt shopping experience through its constantly rotating inventory of discounted products. The company works directly with suppliers to acquire overstocked items, providing customers with significant savings while helping manufacturers convert excess inventory into revenue. Grocery Outlet utilizes an owner-operator business model for its retail locations and continues to expand its geographic footprint.Explore more
Grocery Outlet's Social MediaPopular SearchesGrocery Outletgrocery outlet IncGrocery Outlet Bargain MarketGroceryoutlet.comGroceryoutletSIC Code 54,541NAICS Code 44,445Ticker NASDAQ: GOShow more

Grocery Outlet Org Chart

Jason Potter, President & Chief Executive Officer at Grocery Outlet
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President & Chief Executive Officer

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JP
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Chief Marketing Officer & Executive Vice Pres...

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RF
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Vice President, Sales & Merchandising Southwe...

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BL
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Vice President, Sales & Merchandising

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FM
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Vice President, Merchandising Operations

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Grocery Outlet

$4.7B
1K - 5K
Public
$700M
1946
Jason Potter, President & Chief Executive Officer at Grocery Outlet
Jason PotterPresident & CEO
$2.7B
10K+
Public
$142.8M
1982
Robert Helm, Executive Vice President & Chief Financial Officer at Ollie's Bargain Outlet
Robert HelmExecutive Vice President & Chief Financial Officer
$1.3B
1K - 5K
Public
$107.1M
1955
ZI
Zephyr IselyDirector & Co-President
$850.6M
1K - 5K
Private
-
2012
PA
Peter AfendoulisGeneral Counsel
$326.5M
501-1,000
Private
-
1945
DJ
Donny JohnsonExecutive Vice President & Chief Financial Officer
$48.7M
51-200
Private
-
1901
$38M
501-1,000
Private
-
1978
CK
Charles KirkChief Financial Officer
Illustration of an envelopeCompany Insights

Company Profile Activity

i

Among all Retail companies

Low Activity

High Activity

Activity Insights

Grocery Outlet is experiencing very low activity levels compared to other companies in the Retail sector.

What does this means?

Grocery Outlet is drawing exceptional interest within the Retail industry, suggesting notable developments or strong market momentum, learn more about Grocery Outlet.

Grocery Outlet financials insights

Gather financial insights about Grocery Outlet, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2023

Debt

$700M

See All Grocery Outlet's Financials Insights

Grocery Outlet Tech Stack

A closer look at the technologies used by Grocery Outlet

Most Recent Scoops

Person-Based
Earnings, Finance
Earnings
Grocery Outlet has reported that opportunistic comparable store sales accelerated approximately 500 basis points in Q2 relative to the start of Q1, with grocery comparable store sales finishing at 3.5% for the quarter and new supplier acquisition up approximately 11% year-over-year.
Sales
Earnings
Grocery Outlet has reported SG&A of $339.5 million for Q2, an increase of less than 1% year-over-year, representing 28.5% of net sales, consistent with the prior year, and improving 130 basis points sequentially from Q1, driven by higher sales leverage, optimization benefits, and lower marketing expense.
Earnings, Finance, Financial Operations
Project
Grocery Outlet has launched a repositioning initiative centered on extreme value and the Treasure Hunt experience, deploying enhanced in-store signage, targeted at-home and digital media, and improved price perception messaging in Q3. As part of this effort, Grocery Outlet is also taking steps to introduce parity pricing in e-commerce and extend its value messaging into its digital presence and app.
Digital Marketing, Advertising, eCommerce, Website, Branding, Marketing Campaign, Communications, Marketing Communications, Pricing
Project
Store Operations, Logistics / Supply Chain
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Grocery Outlet News & Media

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Frequently Asked Questions Regarding Grocery Outlet

What is Grocery Outlet's stock symbol?
Grocery Outlet's stock symbol is GO
What is Grocery Outlet's official website?
Grocery Outlet's official website is www.groceryoutlet.com
What is Grocery Outlet's Revenue?
Grocery Outlet's revenue is $4.7 Billion
What is Grocery Outlet's SIC code?
Grocery Outlet's SIC: 54,541
What is Grocery Outlet's NAICS code?
Grocery Outlet's NAICS: 44,445
How many employees does Grocery Outlet have?
Grocery Outlet has 1K - 5K employees
What industry does Grocery Outlet belong to?
Grocery Outlet is in the industry of: Grocery Retail, Retail
What is Grocery Outlet competition?
Grocery Outlet top competitors include: Greenleaf Nursery, Ollie's Bargain Outlet, ALCO Stores, Natural Grocers
What technology does Grocery Outlet use?
Some of the popular technologies that Grocery Outlet uses are: Freshservice, Zingfit, WordPress.org, reCAPTCHA
What does Grocery Outlet do?

Grocery Outlet, founded in 1946 and headquartered in Emeryville, California, is a leading extreme value grocery retailer in the United States. The company operates numerous locations across multiple states, offering a diverse product selection including frozen foods, refrigerated products, produce, fresh meat, general merchandise, health and beauty... items, natural and organic foods, and alcoholic beverages. Grocery Outlet creates a unique treasure hunt shopping experience through its constantly rotating inventory of discounted products. The company works directly with suppliers to acquire overstocked items, providing customers with significant savings while helping manufacturers convert excess inventory into revenue. Grocery Outlet utilizes an owner-operator business model for its retail locations and continues to expand its geographic footprint.Read More

What are Grocery Outlet social media links?
Grocery Outlet Linkedin page Grocery Outlet Twitter page Grocery Outlet Facebook page
Is Grocery Outlet a public company?
Yes, Grocery Outlet is a public company and is traded under the symbol GO
See more information about Grocery Outlet

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