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Grocery Outlet Holdings Priced, Nasdaq: GO

Operates a network of more than 300 independently run discount grocery stores.

Industry: Consumer Staples

First Day Return: +29.6%

Industry: Consumer Staples

We are a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores. Each of our stores offers a fun, treasure hunt shopping experience in an easy-to-navigate, small-box format. An ever-changing assortment of “WOW!” deals, complemented by everyday staple products, generates customer excitement and encourages frequent visits from bargain-minded shoppers. Our flexible buying model allows us to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. Entrepreneurial independent operators (“IOs”) run our stores and create a neighborhood feel through personalized customer service and a localized product offering. This differentiated approach has driven 15 consecutive years of positive comparable store sales growth.
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IPO Data
IPO File Date 05/13/2019
Offer Price $22.00
Price Range $18.00 - $19.00
Offer Shares (mm) 17.2
Deal Size ($mm) $378
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/19/2019
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $378
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Emeryville, CA, United States
Founded 1946
Employees at IPO 906
Website www.groceryoutlet.com

Grocery Outlet Holdings (GO) Performance