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

Grocery Outlet (NASDAQ:GO) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.450-0.550 for the period, compared to the consensus EPS estimate of 0.480. The company issued revenue guidance of $4.6 billion-$4.7 billion, compared to the consensus revenue estimate of $4.7 billion.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on GO shares. DA Davidson lifted their price target on shares of Grocery Outlet from $7.00 to $9.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Morgan Stanley dropped their price target on Grocery Outlet from $11.00 to $7.00 and set an “equal weight” rating for the company in a research report on Thursday, March 5th. Jefferies Financial Group reiterated a “hold” rating and issued a $7.00 price objective (down from $18.00) on shares of Grocery Outlet in a research report on Thursday, March 5th. TD Cowen lifted their target price on shares of Grocery Outlet from $6.00 to $8.00 and gave the stock a “hold” rating in a research report on Thursday, May 14th. Finally, Weiss Ratings lowered shares of Grocery Outlet from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, June 23rd. Eleven investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Grocery Outlet presently has an average rating of “Reduce” and an average price target of $10.32.

Grocery Outlet Stock Performance

Shares of GO opened at $9.98 on Thursday. Grocery Outlet has a 1 year low of $5.66 and a 1 year high of $19.41. The company’s 50 day simple moving average is $8.56 and its 200 day simple moving average is $8.67. The company has a market capitalization of $987.22 million, a price-to-earnings ratio of -2.57, a PEG ratio of 15.44 and a beta of 0.64. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.27 and a current ratio of 1.28.

Grocery Outlet (NASDAQ:GO) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.03. Grocery Outlet had a positive return on equity of 5.69% and a negative net margin of 8.08%.The company 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 firm posted $0.13 EPS. Grocery Outlet’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. On average, sell-side analysts predict that Grocery Outlet will post 0.38 EPS for the current year.

Insider Buying and Selling

In related news, insider Paul Blaine Miller acquired 5,000 shares of the company’s stock in a transaction dated Thursday, June 25th. The stock was bought at an average price of $9.50 per share, with a total value of $47,500.00. Following the purchase, the insider directly owned 64,171 shares in the company, valued at $609,624.50. The trade was a 8.45% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 4.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Grocery Outlet

Institutional investors have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd raised its stake in Grocery Outlet by 1,030.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company’s stock worth $26,000 after purchasing an additional 2,308 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of Grocery Outlet during the 4th quarter worth $35,000. State of Wyoming increased its holdings in shares of Grocery Outlet by 96.9% during the 4th quarter. State of Wyoming now owns 7,886 shares of the company’s stock worth $80,000 after buying an additional 3,880 shares during the last quarter. Olympiad Research LP purchased a new position in shares of Grocery Outlet in the 4th quarter worth $101,000. Finally, XTX Topco Ltd purchased a new position in shares of Grocery Outlet in the 4th quarter worth $105,000. 99.87% of the stock is currently owned by hedge funds and other institutional investors.

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.