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

Grocery Outlet (NASDAQ:GO) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.520-0.550 for the period, compared to the consensus estimate of 0.520. The company issued revenue guidance of $4.7 billion, compared to the consensus revenue estimate of $4.7 billion.

Wall Street Analyst Weigh In

Several analysts recently weighed in on GO shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $9.00 price objective on shares of Grocery Outlet in a research note on Thursday, August 13th. DA Davidson raised their target price on Grocery Outlet from $9.00 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday, August 13th. Wells Fargo & Company lifted their target price on Grocery Outlet from $11.00 to $13.00 and gave the stock an “equal weight” rating in a report on Wednesday. Telsey Advisory Group reaffirmed a “market perform” rating on shares of Grocery Outlet in a report on Thursday, August 13th. Finally, Bank of America upgraded Grocery Outlet from a “neutral” rating to a “buy” rating and upped their price target for the company from $12.50 to $15.00 in a research report on Wednesday, September 30th. One investment analyst has rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $10.68.

Grocery Outlet Stock Down 8.6%

Grocery Outlet stock traded down $1.20 during mid-day trading on Wednesday, reaching $12.82. The stock had a trading volume of 1,241,079 shares, compared to its average volume of 2,925,881. The firm has a market capitalization of $1.27 billion, a PE ratio of -3.34, a price-to-earnings-growth ratio of 9.64 and a beta of 0.64. Grocery Outlet has a fifty-two week low of $5.66 and a fifty-two week high of $14.32. The stock’s 50-day simple moving average is $12.21 and its 200-day simple moving average is $9.71. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.30 and a current ratio of 1.29.

Grocery Outlet (NASDAQ:GO) last issued its earnings results on Tuesday, November 10th. The company reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. Grocery Outlet had a positive return on equity of 5.84% and a negative net margin of 8.04%. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the firm earned $0.21 earnings per share. Grocery Outlet’s revenue for the quarter was up .9% on a year-over-year basis. On average, sell-side analysts forecast that Grocery Outlet will post 0.42 EPS for the current fiscal year.

Insider Buying and Selling at Grocery Outlet

In other Grocery Outlet news, insider Paul Miller acquired 8,000 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were purchased at an average cost of $10.90 per share, with a total value of $87,200.00. Following the completion of the purchase, the insider owned 72,171 shares of the company’s stock, valued at approximately $786,663.90. This represents a 12.47% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Carey Jaros acquired 15,000 shares of Grocery Outlet stock in a transaction dated Thursday, August 27th. The shares were acquired at an average price of $11.70 per share, with a total value of $175,500.00. Following the completion of the acquisition, the director directly owned 60,000 shares of the company’s stock, valued at approximately $702,000. The trade was a 33.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 5.60% of the company’s stock.

Grocery Outlet News Summary

Here’s some of the latest news about GO:

• Positive Sentiment: Third-quarter revenue rose 0.9% year over year to $1.18 billion, topping the $1.17 billion consensus estimate. Comparable-store sales increased 0.5%. EPS of $0.16 also beat Zacks’ $0.15 estimate, although it matched the broader $0.16 consensus. Article: Grocery Outlet: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Fiscal 2026 revenue guidance of $4.70 billion to $4.72 billion is broadly in line with FactSet’s $4.70 billion estimate, offering little apparent upside surprise. Article: Grocery Outlet Fiscal 2026 Revenue Outlook
• Negative Sentiment: Profitability is the main concern: EPS fell from $0.21 a year ago, and higher costs and promotional pricing are pressuring the profit outlook. That may explain why a modest sales beat did not translate into a more clearly positive market reaction. Article: Grocery Outlook Pressured by Costs and Promotional Pricing

About Grocery Outlet

Grocery Outlet Holding Corp. operates Grocery Outlet Bargain Market, a discount grocery chain offering brand-name products and private-label items at value-oriented prices. Its stores carry a range of goods, including groceries, fresh produce, meat, dairy, frozen foods and household products. The company uses opportunistic buying to source products, which can result in changing assortments and limited-time deals. Founded in 1946 by Jim Read, Grocery Outlet has grown from a California-based business into a retailer serving communities across the western United States and parts of the East Coast.