Grocery Outlet Holding Corp.

Grocery Outlet Holding Corp. is an American extreme value retailer specializing in discounted, overstocked, and closeout products from name-brand and private-label suppliers. Headquartered in Emeryville, California, the company operates with a mission focused on "Changing lives for the better" through its unique retail model.

The company's product offerings span a wide range, including frozen foods, refrigerated products, fresh produce, meat, general merchandise, health & beauty items, natural and organic foods, and alcoholic beverages. Grocery Outlet is known for its "treasure hunt" shopping experience, providing customers with significant savings of 40% to 60% below traditional retailers. The stores are primarily independently owned and operated, allowing for localized product offerings tailored to community preferences.

As of May 2024, Grocery Outlet operates over 480 locations across several states, including California, Oregon, Washington, Idaho, Nevada, Maryland, Pennsylvania, New Jersey, Ohio, and Delaware. The company went public in June 2019, with its common stock trading on the Nasdaq Global Select Market under the ticker symbol "GO." Jason Potter serves as the Chief Executive Officer.

Latest updates

Grocery Outlet Sets Stage for Q1 Earnings Amidst Expansion

Event summary

  • Grocery Outlet will release its Q1 fiscal 2026 earnings on May 13, 2026, after market close.
  • A conference call to discuss the results is scheduled for 4:30 PM ET (1:30 PM PT) on the same day.
  • The company operates over 540 stores across 15 states, including California, Washington, Oregon, and Pennsylvania.
  • Investor relations contacts are Ian Ferry and Ron Clark, accessible via provided email addresses and phone numbers.

The big picture

Grocery Outlet's continued expansion, now spanning 15 states, signals an ambition to capture a larger share of the extreme-value retail market. The upcoming earnings release will be a key indicator of whether this growth strategy is translating into sustainable profitability, particularly given broader economic uncertainties and the competitive landscape within the discount retail sector. The company's model, reliant on opportunistic purchasing and independent store operators, presents both opportunities and unique operational challenges.

What we're watching

Growth Sustainability
The company's expansion into new states will be scrutinized; maintaining profitability while scaling operations will be a key challenge.
Margin Pressure
Continued inflationary pressures and supply chain dynamics may impact Grocery Outlet’s ability to secure deeply discounted merchandise, potentially squeezing margins.
Consumer Sentiment
Grocery Outlet’s reliance on value-seeking consumers makes it vulnerable to shifts in broader economic conditions and consumer spending habits.
CID: 3289