Grocery Outlet Holding Profit Margin 2018-2024 | GO
Current and historical gross margin, operating margin and net profit margin for Grocery Outlet Holding (GO) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Grocery Outlet Holding net profit margin as of September 30, 2024 is 1.2%.
Grocery Outlet Holding Annual Profit Margins |
Grocery Outlet Holding Quarterly Profit Margins |
Sector |
Industry |
Market Cap |
Revenue |
Consumer Staples |
Consumer Products - Misc. Discretionary |
$1.735B |
$3.969B |
Grocery Outlet Holding Corp. is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products that are sold through a network of independently owned and operated stores. Notably, the company's stores offer a fun, treasure hunt shopping experience in an easy-to-navigate, 'small-box' format of size 15,000-20,000 square feet. The company offers discounted, overstocked and closeout products from name brand and private label suppliers. Stores are operated by Entrepreneurial Independent Operators ('IOs'). The company's flexible buying model allows it to offer products significantly below those of conventional retailers and discounters. It acquires merchandise at considerable discounts arising from order cancellations, manufacturer overruns, packaging changes and approaching 'sell-by' dates. Notably, an ever-changing assortment of 'WOW!' deals, supplemented by competitively priced everyday staples attracts bargain-hunters.
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