Grocery Historical Income Statement

GO Stock

USD 19.54 0.89 4.77%

Historical analysis of Grocery Outlet income statement accounts such as Discontinued Operations of 0.0 can show how well Grocery Outlet Holding performed in making a profits. Evaluating Grocery Outlet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Grocery Outlet's future profits or losses.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Grocery Outlet Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Grocery Outlet Holding is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grocery Outlet Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About Grocery Income Statement Analysis

Grocery Outlet Holding Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Grocery Outlet shareholders. The income statement also shows Grocery investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Grocery Outlet Income Statement Chart

At this time, Grocery Outlet's Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Interest Income is likely to grow to about 6.8 M, while Net Interest Income is likely to drop (21.5 M).

Depreciation And Amortization Selling General Administrative Total Revenue Other Operating Expenses Net Income From Continuing Ops

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Grocery Outlet Holding generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Grocery Outlet Holding. It is also known as Grocery Outlet overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Grocery Outlet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Grocery Outlet Holding current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grocery Outlet Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

	2021	2022	2023	2024 (projected)
Interest Expense	15.6M	18.0M	24.0M	26.6M
Depreciation And Amortization	71.1M	78.3M	88.0M	65.0M

Interest Expense Depreciation And Amortization

Grocery Outlet income statement Correlations

	Tax Provision	Net Interest Income	Interest Income	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Reconciled Depreciation	Selling And Marketing Expenses	Non Operating Income Net Other
Tax Provision		0.23	0.61	0.41	-0.17	0.27	0.28	0.28	0.28	0.21	-0.06	0.2	0.3	0.28	0.29	0.18	0.12	-0.07	1.0	0.46	0.68	-0.01
Net Interest Income	0.23		0.64	0.88	-0.99	0.89	0.88	0.89	0.89	0.81	0.9	0.82	0.87	0.88	0.89	0.93	0.43	0.9	0.24	0.91	0.77	0.17
Interest Income	0.61	0.64		0.77	-0.54	0.77	0.77	0.78	0.77	0.77	0.57	0.77	0.78	0.77	0.77	0.67	0.32	0.56	0.63	0.78	0.82	-0.39
Depreciation And Amortization	0.41	0.88	0.77		-0.84	0.98	0.98	0.98	0.99	0.9	0.83	0.92	0.97	0.99	0.98	0.93	0.57	0.82	0.42	0.99	0.92	0.03
Interest Expense	-0.17	-0.99	-0.54	-0.84		-0.84	-0.84	-0.84	-0.84	-0.76	-0.89	-0.78	-0.82	-0.84	-0.84	-0.92	-0.42	-0.89	-0.18	-0.87	-0.73	-0.23
Selling General Administrative	0.27	0.89	0.77	0.98	-0.84		1.0	1.0	1.0	0.93	0.88	0.94	0.98	1.0	1.0	0.94	0.54	0.88	0.28	0.97	0.85	-0.04
Total Revenue	0.28	0.88	0.77	0.98	-0.84	1.0		1.0	1.0	0.94	0.88	0.95	0.99	1.0	1.0	0.94	0.56	0.88	0.3	0.97	0.86	-0.05
Gross Profit	0.28	0.89	0.78	0.98	-0.84	1.0	1.0		1.0	0.94	0.89	0.95	0.99	1.0	1.0	0.95	0.55	0.88	0.3	0.97	0.86	-0.05
Other Operating Expenses	0.28	0.89	0.77	0.99	-0.84	1.0	1.0	1.0		0.93	0.88	0.95	0.98	1.0	1.0	0.94	0.55	0.88	0.3	0.97	0.86	-0.05
Operating Income	0.21	0.81	0.77	0.9	-0.76	0.93	0.94	0.94	0.93		0.91	1.0	0.98	0.93	0.93	0.95	0.65	0.91	0.23	0.87	0.79	-0.11
Net Income From Continuing Ops	-0.06	0.9	0.57	0.83	-0.89	0.88	0.88	0.89	0.88	0.91		0.92	0.9	0.88	0.88	0.96	0.55	1.0	-0.04	0.81	0.63	0.05
Ebit	0.2	0.82	0.77	0.92	-0.78	0.94	0.95	0.95	0.95	1.0	0.92		0.98	0.95	0.94	0.95	0.64	0.92	0.22	0.89	0.79	-0.09
Ebitda	0.3	0.87	0.78	0.97	-0.82	0.98	0.99	0.99	0.98	0.98	0.9	0.98		0.98	0.98	0.96	0.62	0.89	0.32	0.95	0.87	-0.04
Cost Of Revenue	0.28	0.88	0.77	0.99	-0.84	1.0	1.0	1.0	1.0	0.93	0.88	0.95	0.98		1.0	0.94	0.56	0.88	0.3	0.97	0.86	-0.05
Total Operating Expenses	0.29	0.89	0.77	0.98	-0.84	1.0	1.0	1.0	1.0	0.93	0.88	0.94	0.98	1.0		0.94	0.54	0.88	0.3	0.97	0.86	-0.04
Income Before Tax	0.18	0.93	0.67	0.93	-0.92	0.94	0.94	0.95	0.94	0.95	0.96	0.95	0.96	0.94	0.94		0.57	0.96	0.2	0.92	0.81	0.08
Total Other Income Expense Net	0.12	0.43	0.32	0.57	-0.42	0.54	0.56	0.55	0.55	0.65	0.55	0.64	0.62	0.56	0.54	0.57		0.55	0.12	0.5	0.41	0.18
Net Income	-0.07	0.9	0.56	0.82	-0.89	0.88	0.88	0.88	0.88	0.91	1.0	0.92	0.89	0.88	0.88	0.96	0.55		-0.05	0.81	0.63	0.05
Income Tax Expense	1.0	0.24	0.63	0.42	-0.18	0.28	0.3	0.3	0.3	0.23	-0.04	0.22	0.32	0.3	0.3	0.2	0.12	-0.05		0.47	0.69	-0.03
Reconciled Depreciation	0.46	0.91	0.78	0.99	-0.87	0.97	0.97	0.97	0.97	0.87	0.81	0.89	0.95	0.97	0.97	0.92	0.5	0.81	0.47		0.94	0.02
Selling And Marketing Expenses	0.68	0.77	0.82	0.92	-0.73	0.85	0.86	0.86	0.86	0.79	0.63	0.79	0.87	0.86	0.86	0.81	0.41	0.63	0.69	0.94		-0.06
Non Operating Income Net Other	-0.01	0.17	-0.39	0.03	-0.23	-0.04	-0.05	-0.05	-0.05	-0.11	0.05	-0.09	-0.04	-0.05	-0.04	0.08	0.18	0.05	-0.03	0.02	-0.06

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Grocery Outlet Account Relationship Matchups

Grocery Outlet income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	1.4M	(19.6M)	15.2M	10.7M	23.7M	24.9M
Net Interest Income	(45.9M)	(20.0M)	(15.6M)	(18.0M)	(20.5M)	(21.5M)
Interest Income	2.0M	1.8M	1.3M	3.4M	6.4M	6.8M
Depreciation And Amortization	50.1M	58.1M	71.1M	78.3M	88.0M	65.0M
Interest Expense	45.9M	20.0M	15.6M	18.0M	24.0M	26.6M
Selling General Administrative	670.9M	810.5M	791.3M	921.9M	1.0B	790.9M
Total Revenue	2.6B	3.1B	3.1B	3.6B	4.0B	3.1B
Gross Profit	787.1M	973.3M	948.8M	1.1B	1.2B	953.1M
Other Operating Expenses	2.5B	3.0B	3.0B	3.5B	3.8B	3.0B
Operating Income	68.3M	107.4M	89.1M	95.0M	125.8M	97.5M
Net Income From Continuing Ops	15.4M	106.7M	62.3M	65.1M	81.2M	51.9M
Ebit	68.3M	107.4M	89.1M	95.0M	125.8M	96.2M
Ebitda	118.5M	165.4M	160.2M	173.2M	213.8M	161.2M
Cost Of Revenue	1.8B	2.2B	2.1B	2.5B	2.7B	2.1B
Total Operating Expenses	718.8M	866.0M	859.7M	997.1M	1.1B	855.6M
Income Before Tax	16.8M	87.1M	77.5M	75.7M	104.1M	58.5M
Total Other Income Expense Net	(51.6M)	(20.2M)	(11.6M)	(19.2M)	(21.7M)	(22.8M)
Net Income Applicable To Common Shares	15.4M	106.7M	62.3M	65.1M	74.8M	46.5M
Net Income	15.4M	106.7M	62.3M	65.1M	79.4M	51.6M
Income Tax Expense	1.4M	(19.6M)	15.2M	10.7M	24.6M	25.9M
Reconciled Depreciation	50.1M	58.1M	71.1M	78.3M	83.2M	67.7M

Pair Trading with Grocery Outlet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Grocery Outlet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Grocery Outlet will appreciate offsetting losses from the drop in the long position's value.

Moving together with Grocery Stock

0.62

ACI

Albertsons Companies

Pair Corr

Moving against Grocery Stock

0.46	FC	Franklin Covey	Pair Corr
0.37	UG	United Guardian	Pair Corr

The ability to find closely correlated positions to Grocery Outlet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grocery Outlet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Grocery Outlet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Grocery Outlet Holding to buy it.

The correlation of Grocery Outlet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Grocery Outlet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grocery Outlet Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Grocery Outlet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

How To Invest In Grocery

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Is Grocery Stock a good investment?

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What is Grocery Outlet's Net Worth?

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Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grocery Outlet. If investors know Grocery will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grocery Outlet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.11)

Earnings Share

0.51

Revenue Per Share

42.988

Quarterly Revenue Growth

0.104

Return On Assets

0.0194

The market value of Grocery Outlet Holding is measured differently than its book value, which is the value of Grocery that is recorded on the company's balance sheet. Investors also form their own opinion of Grocery Outlet's value that differs from its market value or its book value, called intrinsic value, which is Grocery Outlet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grocery Outlet's market value can be influenced by many factors that don't directly affect Grocery Outlet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Grocery Outlet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grocery Outlet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grocery Outlet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Grocery Historical Income Statement

About Grocery Income Statement Analysis

Grocery Outlet Income Statement Chart

Depreciation And Amortization

Total Revenue

Other Operating Expenses

Grocery Outlet income statement Correlations

Grocery Outlet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Grocery Outlet income statement Accounts

Pair Trading with Grocery Outlet

Moving together with Grocery Stock

Moving against Grocery Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Income Tax Expense	+ 1.0	Tax Provision
Total Revenue	+ 1.0	Selling General Administrative
Gross Profit	+ 1.0	Selling General Administrative
Other Operating Expenses	+ 1.0	Selling General Administrative
Cost Of Revenue	+ 1.0	Selling General Administrative
Total Operating Expenses	+ 1.0	Selling General Administrative

Interest Expense	- 0.99	Net Interest Income
Income Before Tax	- 0.92	Interest Expense
Net Income	- 0.89	Interest Expense
Net Income From Continuing Ops	- 0.89	Interest Expense
Reconciled Depreciation	- 0.87	Interest Expense
Total Operating Expenses	- 0.84	Interest Expense