Value2020202120222023TTMSelling/general/admin expenses773.72 M889.35 M1.12 B1.24 B1.31 BResearch & development—————Operating income89.09 M94.99 M125.78 M78.33 M69.48 MNon-Operating Income, Total11.59 M19.24 M21.7 M22.16 M10.66 MInterest expense, net of interest capitalized14.37 M19.09 M22.55 M27.59 M30.59 MNon-Operating Income, excl. Interest Expenses-2.78 M149 K-850 K-5.44 M-19.93 MUnusual income/expense—————Pretax income77.5 M75.7 M104.1 M56.2 M50.57 MEquity in earnings—————Taxes15.19 M10.7 M24.64 M16.71 M10.4 MNon-controlling/minority interest—————After tax other income/expense1.25 M1.18 M487 K1.01 M1.48 MNet income before discontinued operations62.31 M65.05 M79.44 M39.47 M40.14 MDiscontinued operations—————Net income62.31 M65.05 M79.44 M39.47 M40.14 MDilution adjustment—————Preferred dividends—————Diluted net income available to common stockholders62.31 M65.05 M79.44 M39.47 M40.14 MBasic earnings per share (Basic EPS)0.650.670.80.4-0.05Diluted earnings per share (Diluted EPS)0.630.650.790.4-0.04Average basic shares outstanding95.72 M96.81 M98.71 M98.71 M392.47 MDiluted shares outstanding99.42 M100.16 M100.83 M99.61 M394.3 MEBITDA162.9 M175.62 M199.79 M148.61 M89.19 MEBIT89.09 M94.99 M110.58 M40.41 M-29.52 MCost of revenue2.13 B2.49 B2.73 B3.05 B3.19 BOther cost of goods sold—————Depreciation & amortization (cash flow)73.8 M80.63 M89.21 M108.21 M118.72 M
Grocery Outlet Holding Corp
Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer discounted, overstocked, and closeout products from name-brand and private-label suppliers. The company has stores in California, Oregon, Washington, Idaho, Nevada, Maryland, Pennsylvania, New Jersey, Ohio, and Delaware.
The vast majority of Grocery Outlet's stores are independently operated by local married couples. Each store has flexibility in its product offerings to serve local tastes and demand. The Read family founded the company in 1946. The formal name is Grocery Outlet Bargain Market.