Grocery Outlet Holding Corp.
For the period ended Sep 27, 2025. Filed Nov 5, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2025 · Filed Nov 5, 2025
GO$14.02+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
(in thousands)
| 39 Weeks Ended | ||
|---|---|---|
| September 27,2025 | September 28,2024 | |
| Cash flows from operating activities: | ||
| Net income (loss) | $(6,751) | $37,154 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation of property and equipment | 78,089 | 66,730 |
| Amortization of intangible and other assets | 16,532 | 12,519 |
| Amortization of debt issuance costs and debt discounts | 683 | 683 |
| Non-cash rent | 6,146 | 3,561 |
| Impairment of long-lived assets | 11,511 | — |
| Share-based compensation | 7,408 | 16,806 |
| Provision for independent operator and other accounts receivable reserves | 9,278 | 3,137 |
| Deferred income taxes | 417 | 13,822 |
| Other | 1,377 | 915 |
| Changes in operating assets and liabilities: | ||
| Independent operator and other accounts receivable | (5,288) | (2,035) |
| Merchandise inventories | (23,694) | (32,692) |
| Prepaid expenses and other assets | (1,157) | 4,740 |
| Income and other taxes payable | 1,927 | (3,425) |
| Trade accounts payable | 21,566 | (15,858) |
| Accrued and other liabilities | 9,679 | (32,134) |
| Accrued compensation | 7,665 | (11,672) |
| Operating lease liabilities | 14,451 | 10,214 |
| Net cash provided by operating activities | 149,839 | 72,465 |
| Cash flows from investing activities: | ||
| Advances to independent operators | (10,855) | (8,266) |
| Repayments of advances from independent operators | 3,165 | 3,884 |
| Business acquisition, net of cash and cash equivalents acquired | — | (60,526) |
| Purchases of property and equipment | (158,513) | (127,500) |
| Proceeds from sales of assets | — | 17 |
| Investments in intangible assets and licenses | (16,368) | (13,287) |
| Net cash used in investing activities | (182,571) | (205,678) |
| Cash flows from financing activities: | ||
| Proceeds from exercise of stock options | 565 | 8,260 |
| Proceeds from revolving credit facility | 50,000 | 140,000 |
| Principal payments on revolving credit facility | (20,000) | — |
| Principal payments on senior term loan due 2028 | (7,500) | (3,750) |
| Principal payments on finance leases | (1,036) | (1,323) |
| Repurchase of common stock | — | (56,308) |
| Net cash provided by financing activities | 22,029 | 86,879 |
| Net decrease in cash and cash equivalents | (10,703) | (46,334) |
| Cash and cash equivalents at beginning of period | 62,828 | 114,987 |
| Cash and cash equivalents at end of period | $52,125 | $68,653 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.