Grocery Outlet Holding Corp
Company Overview
Grocery Outlet Holding Corp operates a network of independently operated stores offering discounted, overstocked, and closeout products from name-brand and private label suppliers. The company provides customers with significant savings on brand name products by selling them at prices generally 40% to 70% below those of conventional retailers.
The company's business model involves purchasing surplus inventory and discontinued items from manufacturers at deep discounts and passing these savings to customers. Their product mix includes fresh produce, meat and deli, packaged foods, household supplies, personal care items, and seasonal merchandise.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 28, 2024 | $1.11b | $1.07b | - | - | 0.00% | 0.00% |
| June 29, 2024 | $1.13b | $1.1b | - | - | 0.00% | 0.00% |
| March 30, 2024 | $1.04b | $1.04b | - | - | 0.00% | 0.00% |
Company Impact
Help us evaluate Grocery Outlet Holding Corp's impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.