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 0.520-0.550 for the period, compared to the consensus earnings per share estimate of 0.520. The company issued revenue guidance of $4.7 billion, compared to the consensus revenue estimate of $4.7 billion.

Grocery Outlet Stock Down 6.4%

GO stock opened at $13.12 on Thursday. The company has a market cap of $1.30 billion, a P/E ratio of -3.40, a price-to-earnings-growth ratio of 9.75 and a beta of 0.64. The stock’s 50 day simple moving average is $12.23 and its 200 day simple moving average is $9.72. 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 has a fifty-two week low of $5.66 and a fifty-two week high of $14.32.

Grocery Outlet (NASDAQ:GO) last issued its quarterly earnings data on Tuesday, November 10th. The company reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates of $0.16. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.17 billion. Grocery Outlet had a positive return on equity of 5.49% and a negative net margin of 7.99%. The company’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the previous year, the company posted $0.21 EPS. On average, research analysts expect that Grocery Outlet will post 0.42 earnings per share for the current fiscal year.

Analyst Ratings Changes

GO has been the subject of a number of research reports. UBS Group increased their target price on shares of Grocery Outlet from $10.00 to $11.50 and gave the stock a “neutral” rating in a research report on Monday, August 17th. Morgan Stanley boosted their price target on shares of Grocery Outlet from $7.00 to $11.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. DA Davidson upped their price target on shares of Grocery Outlet from $9.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Bank of America raised shares of Grocery Outlet from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $12.50 to $15.00 in a report on Wednesday, September 30th. Finally, Deutsche Bank reiterated a “hold” rating and issued a $9.00 price objective on shares of Grocery Outlet in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $11.41.

Insider Buying and Selling at Grocery Outlet

In other Grocery Outlet news, insider Paul Miller bought 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were bought at an average price of $10.90 per share, for a total transaction of $87,200.00. Following the transaction, the insider directly owned 72,171 shares in the company, valued at $786,663.90. This trade represents a 12.47% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Carey F. Jaros acquired 15,000 shares of Grocery Outlet stock in a transaction dated Thursday, August 27th. The shares were bought at an average cost of $11.70 per share, for a total transaction of $175,500.00. Following the completion of the purchase, 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 position. Additional details regarding this purchase are available in the official SEC disclosure. 5.60% of the stock is currently owned by insiders.

Grocery Outlet News Summary

Here’s some of the latest news about GO:

• Positive Sentiment: Third-quarter earnings and revenue topped estimates. Comparable-store sales rose 0.5%, supported by stronger traffic, and the company raised its fiscal 2026 comparable-sales outlook. Grocery Outlet Q3 Earnings Beat Estimates on Stronger Traffic & Comps
• Positive Sentiment: Fiscal 2026 EPS guidance is $0.52–$0.55, versus a $0.52 consensus estimate. Revenue guidance of approximately $4.7 billion is broadly in line with expectations.
• Neutral Sentiment: TD Cowen raised its price target to $14 and Wells Fargo lifted its target to $13, but both maintained equivalent neutral ratings (“hold” and “equal weight”), suggesting limited conviction in near-term upside.

Grocery Outlet Company Profile

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.