Grocery Outlet Holding Corp. Files 2023 Annual Report (10-K)
Ticker: GO · Form: 10-K · Filed: 2024-02-28T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, Grocery Outlet, Annual Report, Retail, Financials
TL;DR
<b>Grocery Outlet Holding Corp. has filed its 2023 10-K report detailing its financial performance and operations.</b>
AI Summary
Grocery Outlet Holding Corp. (GO) filed a Annual Report (10-K) with the SEC on February 28, 2024. Filed 10-K for the fiscal year ending December 30, 2023. Company name: Grocery Outlet Holding Corp. Primary SIC code: 5411 (Retail - Grocery Stores). Incorporated in Delaware. Business and mailing address: 5650 Hollis Street, Emeryville, CA 94608.
Why It Matters
For investors and stakeholders tracking Grocery Outlet Holding Corp., this filing contains several important signals. This filing provides a comprehensive overview of the company's financial health, operational strategies, and risk factors for the fiscal year 2023. Investors and analysts can use this report to assess the company's performance, compare it to previous years, and make informed investment decisions.
Risk Assessment
Risk Level: medium — Grocery Outlet Holding Corp. shows moderate risk based on this filing. The filing is a standard 10-K, which provides a broad overview of the company's financial and operational status, but lacks specific forward-looking guidance or immediate significant changes that would indicate high risk.
Analyst Insight
Review the detailed financial statements and risk factors within the 10-K to understand Grocery Outlet's performance and potential challenges.
Key Numbers
- 2023-12-30 — Fiscal Year End (Reporting period)
- 2024-02-28 — Filing Date (Date of submission)
- 001-38950 — SEC File Number (SEC filing identifier)
Key Players & Entities
- Grocery Outlet Holding Corp. (company) — Filer name
- 5411 (other) — Standard Industrial Classification
- DE (other) — State of Incorporation
- 5650 Hollis Street (other) — Business Address
- Emeryville, CA (other) — Business Address
- 94608 (other) — Business Address Zip Code
- (510) 845-1999 (other) — Business Phone
- 20231230 (date) — Fiscal Year End
FAQ
When did Grocery Outlet Holding Corp. file this 10-K?
Grocery Outlet Holding Corp. filed this Annual Report (10-K) with the SEC on February 28, 2024.
What is a 10-K filing?
A 10-K is a comprehensive annual financial report required by the SEC, covering audited financials, business operations, risk factors, and management discussion. This particular 10-K was filed by Grocery Outlet Holding Corp. (GO).
Where can I read the original 10-K filing from Grocery Outlet Holding Corp.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Grocery Outlet Holding Corp..
What are the key takeaways from Grocery Outlet Holding Corp.'s 10-K?
Grocery Outlet Holding Corp. filed this 10-K on February 28, 2024. Key takeaways: Filed 10-K for the fiscal year ending December 30, 2023.. Company name: Grocery Outlet Holding Corp.. Primary SIC code: 5411 (Retail - Grocery Stores)..
Is Grocery Outlet Holding Corp. a risky investment based on this filing?
Based on this 10-K, Grocery Outlet Holding Corp. presents a moderate-risk profile. The filing is a standard 10-K, which provides a broad overview of the company's financial and operational status, but lacks specific forward-looking guidance or immediate significant changes that would indicate high risk.
What should investors do after reading Grocery Outlet Holding Corp.'s 10-K?
Review the detailed financial statements and risk factors within the 10-K to understand Grocery Outlet's performance and potential challenges. The overall sentiment from this filing is neutral.
How does Grocery Outlet Holding Corp. compare to its industry peers?
Grocery Outlet operates in the retail grocery store sector, focusing on an "extreme value" model.
Are there regulatory concerns for Grocery Outlet Holding Corp.?
The filing is a standard 10-K, adhering to SEC regulations for annual financial reporting under the Securities Exchange Act of 1934.
Industry Context
Grocery Outlet operates in the retail grocery store sector, focusing on an "extreme value" model.
Regulatory Implications
The filing is a standard 10-K, adhering to SEC regulations for annual financial reporting under the Securities Exchange Act of 1934.
What Investors Should Do
- Analyze the full 10-K document for detailed financial performance metrics.
- Examine the risk factors section for potential business challenges.
- Compare the 2023 results with previous fiscal years to identify trends.
Key Dates
- 2023-12-30: Fiscal Year End — End of the reporting period for the 10-K filing.
- 2024-02-28: Filing Date — Date the 10-K report was officially filed with the SEC.
Year-Over-Year Comparison
This is the 2023 10-K filing, providing the latest annual financial overview.
From the Filing
0001771515-24-000016.txt : 20240228 0001771515-24-000016.hdr.sgml : 20240228 20240228160124 ACCESSION NUMBER: 0001771515-24-000016 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 96 CONFORMED PERIOD OF REPORT: 20231230 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grocery Outlet Holding Corp. CENTRAL INDEX KEY: 0001771515 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 471874201 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38950 FILM NUMBER: 24695039 BUSINESS ADDRESS: STREET 1: 5650 HOLLIS STREET CITY: EMERYVILLE STATE: CA ZIP: 94608 BUSINESS PHONE: (510) 845-1999 MAIL ADDRESS: STREET 1: 5650 HOLLIS STREET CITY: EMERYVILLE STATE: CA ZIP: 94608 10-K 1 go-20231230.htm 10-K go-20231230 0001771515 2023 FY FALSE P3Y P1Y P3Y P5Y http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://groceryoutlet.com/20231230#LeaseLiabilityCurrent http://groceryoutlet.com/20231230#LeaseLiabilityCurrent http://groceryoutlet.com/20231230#LeaseLiabilityCurrent http://groceryoutlet.com/20231230#LeaseLiabilityCurrent http://groceryoutlet.com/20231230#LeaseLiabilityNoncurrent http://groceryoutlet.com/20231230#LeaseLiabilityNoncurrent http://groceryoutlet.com/20231230#LeaseLiabilityNoncurrent http://groceryoutlet.com/20231230#LeaseLiabilityNoncurrent P1Y 0001771515 2023-01-01 2023-12-30 0001771515 2023-06-30 iso4217:USD 0001771515 2024-02-22 xbrli:shares 0001771515 2023-12-30 0001771515 2022-12-31 iso4217:USD xbrli:shares 0001771515 2022-01-02 2022-12-31 0001771515 2021-01-03 2022-01-01 0001771515 us-gaap:CommonStockMember 2021-01-02 0001771515 us-gaap:AdditionalPaidInCapitalMember 2021-01-02 0001771515 us-gaap:RetainedEarningsMember 2021-01-02 0001771515 2021-01-02 0001771515 us-gaap:CommonStockMember 2021-01-03 2022-01-01 0001771515 us-gaap:AdditionalPaidInCapitalMember 2021-01-03 2022-01-01 0001771515 us-gaap:RetainedEarningsMember 2021-01-03 2022-01-01 0001771515 us-gaap:CommonStockMember 2022-01-01 0001771515 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 0001771515 us-gaap:RetainedEarningsMember 2022-01-01 0001771515 2022-01-01 0001771515 us-gaap:CommonStockMember 2022-01-02 2022-12-31 0001771515 us-gaap:AdditionalPaidInCapitalMember 2022-01-02 2022-12-31 0001771515 us-gaap:RetainedEarningsMember 2022-01-02 2022-12-31 0001771515 us-gaap:CommonStockMember 2022-12-31 0001771515 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001771515 us-gaap:RetainedEarningsMember 2022-12-31 0001771515 us-gaap:CommonStockMember 2023-01-01 2023-12-30 0001771515 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-30 0001771515 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-30 0001771515 us-gaap:CommonStockMember 2023-12-30 0001771515 us-gaap:AdditionalPaidInCapitalMember 2023-12-30 0001771515 us-gaap:RetainedEarningsMember 2023-12-30 0001771515 go:SeniorTermLoanDue2025Member 2023-01-01 2023-12-30 0001771515 go:SeniorTermLoanDue2025Member 2022-01-02 2022-12-31 0001771515 go:SeniorTermLoanDue2025Member 2021-01-03 2022-01-01 0001771515 go:SeniorTermLoanDue2028Member 2023-01-01 2023-12-30 0001771515 go:SeniorTermLoanDue2028Member 2022-01-02 2022-12-31 0001771515 go:SeniorTermLoanDue2028Member 2021-01-03 2022-01-01 go:store 0001771515 go:GroceryOutletIncMember srt:ParentCompanyMember 2023-12-30 xbrli:pure utr:WK go:segment 0001771515 srt:MinimumMember 2023-12-30 0001771515 srt:MaximumMember 2023-12-30 go:retailStoreLease 0001771515 us-gaap:TrademarksMember 2023-12-30 0001771515 srt:MinimumMember us-gaap:ComputerSoftwareIntangibleAssetMember 2023-12-30 0001771515 us-gaap:ComputerSoftwareIntangibleAssetMember srt:MaximumMember 2023-12-30 0001771515 us-gaap:FairValueInputsLevel2Member us-gaap:CarryingReportedAmountFairValueDisclosureMember 2023-12-30 0001771515 us-gaap:EstimateOfFairValueFairValueDisclosureMember