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Stock impact report

Grocery Outlet Gets a Post-IPO Bump, but How Good Is It Really? [The Motley Fool]

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
Grocery Outlet Gets a Post-IPO Bump, but How Good Is It Really? West Coast discount supermarket Grocery Outlet ( NASDAQ:GO closeout and overstock business model A unique model for the world of groceries The Grocery Outlet chain operates as a franchisor, with each store independently and locally owned and operated. Corporate takes care of purchasing, which allows its franchisees to sell goods typically 0% to 70% off a typical grocery retailer. The resulting shopping experience is a revolving door of mystery inventory, similar to what one would expect from TJX Companies Ross Stores Sounds great. However, because Grocery Outlet is a franchisor, it needs to somehow pay its partners. Specifically, it shares 0% of gross profit on a per-location basis with store owners. These independent operators are responsible for staffing, local advertising, and other day-to-day operating expenses. But because each store is independently owned, there could be high variability in each location's actual pe Show less Read more
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