Grocery Outlet (NASDAQ:GO) Releases FY 2026 Earnings Guidance

Grocery Outlet (NASDAQ:GO) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.450-0.550 for the period, compared to the consensus estimate of 0.770. The company issued revenue guidance of $4.6 billion-$4.7 billion, compared to the consensus revenue estimate of $4.8 billion.

Analysts Set New Price Targets

GO has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft set a $11.00 price target on Grocery Outlet in a report on Thursday, January 8th. Telsey Advisory Group decreased their target price on shares of Grocery Outlet from $17.00 to $15.00 and set an “outperform” rating for the company in a research note on Tuesday, February 17th. DA Davidson reaffirmed a “neutral” rating and issued a $15.00 price target on shares of Grocery Outlet in a research note on Thursday, December 4th. UBS Group reaffirmed a “neutral” rating and issued a $11.50 target price on shares of Grocery Outlet in a research report on Thursday, December 18th. Finally, Bank of America lowered their price target on Grocery Outlet from $19.00 to $16.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $13.64.

Grocery Outlet Stock Down 0.9%

Grocery Outlet stock traded down $0.08 during midday trading on Wednesday, reaching $8.79. The stock had a trading volume of 5,563,917 shares, compared to its average volume of 2,409,641. The stock has a market capitalization of $862.65 million, a P/E ratio of -175.80, a price-to-earnings-growth ratio of 1.88 and a beta of 0.50. The firm’s fifty day simple moving average is $9.82 and its 200-day simple moving average is $12.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.25 and a current ratio of 1.30. Grocery Outlet has a 1-year low of $8.73 and a 1-year high of $19.41.

Grocery Outlet (NASDAQ:GO) last issued its quarterly earnings results on Wednesday, March 4th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Grocery Outlet had a positive return on equity of 5.86% and a negative net margin of 0.10%.Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. As a group, analysts expect that Grocery Outlet will post 0.63 EPS for the current fiscal year.

Institutional Investors Weigh In On Grocery Outlet

Large investors have recently made changes to their positions in the stock. T. Rowe Price Investment Management Inc. raised its position in shares of Grocery Outlet by 54.0% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,763,945 shares of the company’s stock valued at $159,216,000 after purchasing an additional 5,528,722 shares during the period. Mackenzie Financial Corp lifted its position in Grocery Outlet by 0.5% during the fourth quarter. Mackenzie Financial Corp now owns 4,709,721 shares of the company’s stock worth $47,757,000 after acquiring an additional 22,418 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Grocery Outlet by 5.0% during the third quarter. Dimensional Fund Advisors LP now owns 4,619,851 shares of the company’s stock worth $74,149,000 after acquiring an additional 221,693 shares during the period. Marshall Wace LLP grew its position in shares of Grocery Outlet by 0.5% in the third quarter. Marshall Wace LLP now owns 4,577,371 shares of the company’s stock valued at $73,467,000 after purchasing an additional 20,819 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Grocery Outlet by 11.8% during the fourth quarter. State Street Corp now owns 4,375,319 shares of the company’s stock worth $44,191,000 after purchasing an additional 462,212 shares during the period. Institutional investors and hedge funds own 99.87% of the company’s stock.

About Grocery Outlet

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.