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Side-by-side financial comparison of Grocery Outlet Holding Corp. (GO) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.
Tapestry, Inc. is the larger business by last-quarter revenue ($1.9B vs $1.2B, roughly 1.6× Grocery Outlet Holding Corp.). Tapestry, Inc. runs the higher net margin — 17.9% vs -18.5%, a 36.4% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (21.0% vs 10.7%). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (9.9% CAGR vs 8.3%).
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.
Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.
GO vs TPR — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.9B |
| Net Profit | $-224.9M | $343.8M |
| Gross Margin | 29.7% | 76.9% |
| Operating Margin | — | 22.3% |
| Net Margin | -18.5% | 17.9% |
| Revenue YoY | 10.7% | 21.0% |
| Net Profit YoY | -669.9% | — |
| EPS (diluted) | $-2.22 | $1.65 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.2B | $1.9B | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.2B | $1.7B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.1B | $2.2B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.1B | $1.6B |
| Q1 26 | $-224.9M | $343.8M | ||
| Q4 25 | — | $561.3M | ||
| Q3 25 | $11.6M | $274.8M | ||
| Q2 25 | $5.0M | $-517.1M | ||
| Q1 25 | $-23.3M | $203.3M | ||
| Q4 24 | $2.3M | $310.4M | ||
| Q3 24 | $24.2M | $186.6M | ||
| Q2 24 | $14.0M | $159.3M |
| Q1 26 | 29.7% | 76.9% | ||
| Q4 25 | — | 75.5% | ||
| Q3 25 | 30.4% | 76.3% | ||
| Q2 25 | 30.6% | 76.3% | ||
| Q1 25 | 30.4% | 76.1% | ||
| Q4 24 | 29.5% | 74.4% | ||
| Q3 24 | 31.1% | 75.3% | ||
| Q2 24 | 30.9% | 74.9% |
| Q1 26 | — | 22.3% | ||
| Q4 25 | — | 28.6% | ||
| Q3 25 | 2.0% | 19.3% | ||
| Q2 25 | 1.1% | -33.9% | ||
| Q1 25 | -2.0% | 16.0% | ||
| Q4 24 | 1.0% | 22.4% | ||
| Q3 24 | 3.6% | 16.7% | ||
| Q2 24 | 2.3% | 14.8% |
| Q1 26 | -18.5% | 17.9% | ||
| Q4 25 | — | 22.4% | ||
| Q3 25 | 1.0% | 16.1% | ||
| Q2 25 | 0.4% | -30.0% | ||
| Q1 25 | -2.1% | 12.8% | ||
| Q4 24 | 0.2% | 14.1% | ||
| Q3 24 | 2.2% | 12.4% | ||
| Q2 24 | 1.2% | 10.0% |
| Q1 26 | $-2.22 | $1.65 | ||
| Q4 25 | — | $2.68 | ||
| Q3 25 | $0.12 | $1.28 | ||
| Q2 25 | $0.05 | $-2.30 | ||
| Q1 25 | $-0.24 | $0.95 | ||
| Q4 24 | $0.03 | $1.38 | ||
| Q3 24 | $0.24 | $0.79 | ||
| Q2 24 | $0.14 | $0.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $69.6M | $1.1B |
| Total DebtLower is stronger | $15.0M | $2.4B |
| Stockholders' EquityBook value | $983.7M | $682.4M |
| Total Assets | $3.1B | $6.5B |
| Debt / EquityLower = less leverage | 0.02× | 3.48× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $69.6M | $1.1B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | $52.1M | $743.2M | ||
| Q2 25 | $55.2M | $1.1B | ||
| Q1 25 | $50.9M | $1.1B | ||
| Q4 24 | $62.8M | $1.0B | ||
| Q3 24 | $68.7M | $7.3B | ||
| Q2 24 | $67.1M | $7.2B |
| Q1 26 | $15.0M | $2.4B | ||
| Q4 25 | — | $2.4B | ||
| Q3 25 | $500.3M | $2.4B | ||
| Q2 25 | $473.9M | $2.4B | ||
| Q1 25 | $475.7M | $2.4B | ||
| Q4 24 | $477.5M | $2.4B | ||
| Q3 24 | $429.3M | $7.0B | ||
| Q2 24 | $379.2M | $6.9B |
| Q1 26 | $983.7M | $682.4M | ||
| Q4 25 | — | $551.2M | ||
| Q3 25 | $1.2B | $399.5M | ||
| Q2 25 | $1.2B | $857.8M | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.2B | $3.0B | ||
| Q2 24 | $1.2B | $2.9B |
| Q1 26 | $3.1B | $6.5B | ||
| Q4 25 | — | $6.5B | ||
| Q3 25 | $3.4B | $6.4B | ||
| Q2 25 | $3.3B | $6.6B | ||
| Q1 25 | $3.3B | $7.3B | ||
| Q4 24 | $3.2B | $7.3B | ||
| Q3 24 | $3.1B | $13.7B | ||
| Q2 24 | $3.1B | $13.4B |
| Q1 26 | 0.02× | 3.48× | ||
| Q4 25 | — | 4.32× | ||
| Q3 25 | 0.42× | 5.95× | ||
| Q2 25 | 0.40× | 2.77× | ||
| Q1 25 | 0.40× | 1.59× | ||
| Q4 24 | 0.40× | 1.78× | ||
| Q3 24 | 0.35× | 2.35× | ||
| Q2 24 | 0.31× | 2.39× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $222.1M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $222.1M | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | $17.3M | $112.6M | ||
| Q2 25 | $73.6M | $446.8M | ||
| Q1 25 | $58.9M | $144.3M | ||
| Q4 24 | $39.5M | $506.0M | ||
| Q3 24 | $23.0M | $119.5M | ||
| Q2 24 | $41.6M | $256.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.0B | ||
| Q3 25 | $-21.6M | $80.2M | ||
| Q2 25 | $14.4M | $411.5M | ||
| Q1 25 | $-1.5M | $113.4M | ||
| Q4 24 | $-19.6M | $475.1M | ||
| Q3 24 | $-19.3M | $93.9M | ||
| Q2 24 | $2.7M | $209.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 41.5% | ||
| Q3 25 | -1.8% | 4.7% | ||
| Q2 25 | 1.2% | 23.9% | ||
| Q1 25 | -0.1% | 7.2% | ||
| Q4 24 | -1.8% | 21.6% | ||
| Q3 24 | -1.7% | 6.2% | ||
| Q2 24 | 0.2% | 13.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.7% | ||
| Q3 25 | 3.3% | 1.9% | ||
| Q2 25 | 5.0% | 2.0% | ||
| Q1 25 | 5.4% | 2.0% | ||
| Q4 24 | 5.4% | 1.4% | ||
| Q3 24 | 3.8% | 1.7% | ||
| Q2 24 | 3.4% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.93× | ||
| Q3 25 | 1.49× | 0.41× | ||
| Q2 25 | 14.84× | — | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | 17.09× | 1.63× | ||
| Q3 24 | 0.95× | 0.64× | ||
| Q2 24 | 2.97× | 1.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
