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

Grocery Outlet (NASDAQ:GOGet Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.450-0.550 for the period, compared to the consensus estimate of 0.470. The company issued revenue guidance of $4.6 billion-$4.7 billion, compared to the consensus revenue estimate of $4.7 billion.

Grocery Outlet Stock Performance

Shares of Grocery Outlet stock opened at $7.74 on Thursday. The company has a current ratio of 1.37, a quick ratio of 0.32 and a debt-to-equity ratio of 0.49. The company has a market cap of $765.64 million, a PE ratio of -3.38, a price-to-earnings-growth ratio of 2.34 and a beta of 0.66. The company has a 50 day moving average of $7.16 and a 200-day moving average of $9.43. Grocery Outlet has a 1-year low of $5.66 and a 1-year high of $19.41.

Grocery Outlet (NASDAQ:GOGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. Grocery Outlet had a negative net margin of 4.80% and a positive return on equity of 5.93%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the business earned $0.13 earnings per share. The company’s revenue was up 3.6% on a year-over-year basis. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. As a group, equities research analysts forecast that Grocery Outlet will post 0.37 earnings per share for the current fiscal year.

Analysts Set New Price Targets

GO has been the topic of several research reports. Weiss Ratings raised shares of Grocery Outlet from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. Jefferies Financial Group restated a “hold” rating and issued a $7.00 target price (down from $18.00) on shares of Grocery Outlet in a research report on Thursday, March 5th. TD Cowen reiterated a “hold” rating on shares of Grocery Outlet in a report on Thursday, March 5th. The Goldman Sachs Group dropped their price target on Grocery Outlet from $12.00 to $9.00 and set a “sell” rating for the company in a research note on Thursday, February 19th. Finally, Telsey Advisory Group downgraded Grocery Outlet from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $15.00 to $9.00 in a report on Thursday, March 5th. Eleven investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Grocery Outlet presently has a consensus rating of “Reduce” and an average target price of $10.86.

View Our Latest Stock Report on Grocery Outlet

Insider Buying and Selling at Grocery Outlet

In related news, CEO Jason J. N. Potter acquired 286,097 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was acquired at an average cost of $5.90 per share, for a total transaction of $1,687,972.30. Following the completion of the acquisition, the chief executive officer directly owned 574,366 shares of the company’s stock, valued at approximately $3,388,759.40. This trade represents a 99.25% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Erik D. Ragatz bought 125,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were bought at an average cost of $6.00 per share, with a total value of $750,000.00. Following the completion of the transaction, the director owned 326,500 shares in the company, valued at $1,959,000. The trade was a 62.03% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have bought 899,905 shares of company stock valued at $5,396,307 and have sold 89,493 shares valued at $524,431. 4.50% of the stock is currently owned by company insiders.

Key Headlines Impacting Grocery Outlet

Here are the key news stories impacting Grocery Outlet this week:

Institutional Trading of Grocery Outlet

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd boosted its stake in shares of Grocery Outlet by 1,030.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company’s stock valued at $26,000 after purchasing an additional 2,308 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Grocery Outlet in the fourth quarter valued at $35,000. State of Wyoming boosted its position in Grocery Outlet by 96.9% during the fourth quarter. State of Wyoming now owns 7,886 shares of the company’s stock valued at $80,000 after acquiring an additional 3,880 shares during the last quarter. Olympiad Research LP acquired a new stake in Grocery Outlet during the 4th quarter worth about $101,000. Finally, XTX Topco Ltd acquired a new position in shares of Grocery Outlet in the 4th quarter valued at about $105,000. Institutional investors and hedge funds own 99.87% of the company’s stock.

About Grocery Outlet

(Get Free Report)

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.

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Earnings History and Estimates for Grocery Outlet (NASDAQ:GO)

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