Grocery Outlet Holding
| General Information | |
| Business: |
We are a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores. Each of our stores offers a fun, treasure hunt shopping experience in an easy-to-navigate, small-box format. An ever-changing assortment of “WOW!” deals, complemented by everyday staple products, generates customer excitement and encourages frequent visits from bargain-minded shoppers. Our flexible buying model allows us to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. Entrepreneurial IOs run our stores and create a neighborhood feel through personalized customer service and a localized product offering. This differentiated approach has driven 15 consecutive years of positive comparable store sales growth. |
| Industry: | GROCERY STORES |
| Employees: | 906 |
| Founded: | 2014 |
| Contact Information | |
| Address | 5650 Hollis Street, Emeryville, CA 94608, US |
| Phone Number | (510) 845-1999 |
| Web Address | http://www.groceryoutlet.com |
| View Prospectus: | Grocery Outlet Holding |
| Financial Information | |
| Market Cap | $1585.4mil |
| Revenues | $2343.4 mil (last 12 months) |
| Net Income | $14.1 mil (last 12 months) |
| IPO Profile | |
| Symbol | GO |
| Exchange | NASDAQ |
| Shares (millions): | 17.2 |
| Price range | $22.00 - $22.00 |
| Est. $ Volume | $378.1 mil |
| Manager / Joint Managers | BofA Securities/ Morgan Stanley/ Deutsche Bank Securities/ Jefferies/ Barclays/ Goldman Sachs/ Guggenheim Securities/ UBS Investment Bank/ Cowen and Company |
| CO-Managers | Telsey Advisory Group/ Drexel Hamilton/ Penserra |
| Expected To Trade: | 6/20/2019 |
| Status: | Priced |
| Quiet Period Expiration Date: | Available only to Subscribers |
| Lock-Up Period Expiration Date: | Available only to Subscribers |
| SCOOP Rating | Available only to Subscribers |
| Rating Change | Available only to Subscribers |