GO Intrinsic Stock Value – Grocery Outlet to Expand in Rancho Cordova, Offering More Retail Options to Growing Community
October 28, 2023
☀️Trending News
The bustling Rancho Cordova community in Sacramento is set to receive an exciting new addition – Grocery Outlet SF Supermarket. Grocery Outlet Holding ($NASDAQ:GO) Corporation, commonly known as Grocery Outlet, is a growing chain of independently operated extreme-value grocery stores. Grocery Outlet has earned its strong market position through its commitment to providing quality products at bargain prices. The new store will provide Rancho Cordova with more retail options, giving the community further access to Grocery Outlet’s exceptional value and selection of both name-brand and private-label products. Along with a wide array of groceries, the store will offer fresh produce, health and beauty care items, and everyday household products.
With its arrival, locals can look forward to enjoying the savings that come with shopping at Grocery Outlet. The thriving Rancho Cordova community can now look forward to having access to even more shopping options with the addition of Grocery Outlet SF Supermarket. The store is sure to be a hit with locals who are looking for the best deals on groceries, produce, and other everyday essentials.
Share Price
Grocery Outlet Holding, the parent company of the extreme-value grocery store chain Grocery Outlet, announced on Friday that they plan to expand in Rancho Cordova, a growing California city. This expansion is part of Grocery Outlet Holding’s wider plans to offer more retail options to communities across the United States. On Friday, GROCERY OUTLET HOLDING stock opened at $27.4 and closed at $27.0, down by 1.1% from prior closing price of 27.3. Grocery Outlet stores are known for offering a wide variety of groceries and other household items for a fraction of the price that customers would pay at traditional supermarkets.
The new location will serve as a convenient and affordable shopping option for residents in the Rancho Cordova area. Grocery Outlet Holding has a long history of growing with communities and providing them with quality, cost-effective grocery solutions. With the opening of their new store, Rancho Cordova residents can expect to enjoy more shopping opportunities and a greater selection of merchandise than ever before. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for GO. More…
| Total Revenues | Net Income | Net Margin |
| 3.82k | 71.58 | 2.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for GO. More…
| Operations | Investing | Financing |
| 257.9 | -162.64 | -91.96 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for GO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.82k | 1.66k | 11.79 |
Key Ratios Snapshot
Some of the financial key ratios for GO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.0% | 9.4% | 3.0% |
| FCF Margin | ROE | ROA |
| 2.5% | 6.3% | 2.6% |
Analysis – GO Intrinsic Stock Value
At GoodWhale, we recently conducted an analysis of GROCERY OUTLET HOLDING’s overall wellbeing. After careful consideration, our proprietary Valuation Line method concluded that the fair value of GROCERY OUTLET HOLDING’s share is around $36.6. Currently though, the stock is being traded at $27.0, making it significantly undervalued by a margin of 26.2%. This makes GROCERY OUTLET HOLDING an attractive investment opportunity for the risk-tolerant investor. More…
Peers
The company was founded in 1946 and is headquartered in Emeryville, California. Grocery Outlet Holding Corp operates through two segments: Grocery Outlet and Bargain Market. The Grocery Outlet segment offers a variety of food and household products at discounts of up to 50% off traditional grocery store prices. The Bargain Market segment offers a selection of closeout, overstocked, and irregular merchandise at discounts of up to 70% off traditional retail prices. The company competes with Veroni Brands Corp, The Kroger Co, and Ollie’s Bargain Outlet Holdings Inc.
– Veroni Brands Corp ($OTCPK:VONI)
As of 2022, Veroni Brands Corp has a market cap of 47.4M. The company’s return on equity is 98.41%. Veroni Brands Corp is a food and beverage company that manufactures and markets a variety of food and beverage products. The company’s products include pasta, sauces, snacks, and desserts. Veroni Brands Corp is headquartered in New York, New York.
– The Kroger Co ($NYSE:KR)
The Kroger Co has a market cap of 33.33B as of 2022, a Return on Equity of 23.61%. The company is a leading grocery store chain in the United States with over 2,800 stores in 35 states. The company offers a wide variety of products and services including grocery, health and beauty, and general merchandise. Kroger also has a strong online presence with a website and mobile app that offer convenient shopping options for customers.
– Ollie’s Bargain Outlet Holdings Inc ($NASDAQ:OLLI)
Ollie’s Bargain Outlet Holdings Inc is a publicly traded company with a market cap of 3.37B as of 2022. The company operates a chain of closeout retail stores in the United States. As of February 2021, the company operated 259 stores in 27 states. The company was founded in 1982 and is headquartered in Harrisburg, Pennsylvania.
Summary
Grocery Outlet Holding is an American discount grocery store chain based in Emeryville, CA. The company offers deep discounts on brand name food and grocery items at their stores, which are primarily located in the western United States. Investors should keep an eye on the company’s performance and potential acquisitions as the company looks to expand its footprint and grow its market share. Grocery Outlet Holding has a high return on equity and a low price-to-earnings ratio, both of which suggest that it is a relatively safe investment.
