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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

Latest Trade: $41.75 0.00 (0.0%)

First Day Return: +29.6%

Return from IPO: +89.8%

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 News for Grocery Outlet Holdings
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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 $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
Underwriters
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Company Data
Headquarters Emeryville, CA
Founded 1946
Employees 906
Website www.groceryoutlet.com