Filing Flows › Grocery Outlet Holding (GO) › Q1 2025
Grocery Outlet Holding (GO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Grocery Outlet Holding (GO) reported revenue of $1.1B for the first quarter 2025 (Q1 2025), +9% from a year earlier and +3% from the quarter before. Operating margin was -2.0%, net loss $23.3M (2.1% of revenue).
Grocery Outlet Holding, Q1 2025: revenue $1.1B (+8% year over year), operating margin -2.0%, net loss $23.3M, operating cash flow $58.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +3% | +9% |
| Operating profit | −$22.5M | -298% | — |
| Net earnings | −$23.3M | -1109% | — |
| Operating cash flow | $58.9M | +49% | +652% |
What changed
Revenue was $1.1B in Q1 2025, up 9% year over year and up 3% from the previous quarter. Non-Perishable was the largest line at 62% of revenue. Perishable added $0.05B year over year (up 13%), 57% of the total change.
Gross margin was 30.4%, up 1.1 points from a year earlier. Operating costs exceeded revenue by $0.02B, an operating margin of -2.0%. Operating expenses grew 20% against revenue growth of 9%. The quarter ended with a net loss of $0.02B, after a profit of $2.3M the previous quarter.
Operating cash flow was $0.06B (up 652% year over year). Non-cash charges added back $0.02B of depreciation and $0.01B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.06B exceeded it, leaving free cash flow of −$1.5M.
Questions
What was Grocery Outlet Holding's revenue in the first quarter 2025?
Grocery Outlet Holding (GO) reported revenue of $1.1B for the first quarter 2025 (Q1 2025), +9% from a year earlier and +3% from the quarter before.
Was Grocery Outlet Holding profitable in the first quarter 2025?
Operating loss was $22.5M (-2.0% of revenue) and net loss $23.3M.