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

Grocery Outlet (NASDAQ:GO) 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.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Jefferies Financial Group reaffirmed a “hold” rating and issued a $7.00 target price (down from $18.00) on shares of Grocery Outlet in a report on Thursday, March 5th. The Goldman Sachs Group dropped their target price on shares of Grocery Outlet from $12.00 to $9.00 and set a “sell” rating for the company in a report on Thursday, February 19th. TD Cowen increased their target price on shares of Grocery Outlet from $6.00 to $8.00 and gave the company a “hold” rating in a report on Thursday. Weiss Ratings raised shares of Grocery Outlet from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. Finally, Craig Hallum cut shares of Grocery Outlet from a “strong-buy” rating to a “hold” rating 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 stock. According to data from MarketBeat.com, Grocery Outlet has an average rating of “Reduce” and an average target price of $10.32.

Grocery Outlet Trading Down 0.9%

Shares of GO opened at $7.67 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.37 and a quick ratio of 0.32. The firm has a 50 day simple moving average of $7.13 and a 200-day simple moving average of $9.38. Grocery Outlet has a 1-year low of $5.66 and a 1-year high of $19.41. The stock has a market cap of $758.74 million, a price-to-earnings ratio of -1.98, a price-to-earnings-growth ratio of 2.27 and a beta of 0.66.

Grocery Outlet (NASDAQ:GO) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. Grocery Outlet had a negative net margin of 8.08% and a positive return on equity of 5.29%. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the company posted $0.13 EPS. 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. Equities analysts forecast that Grocery Outlet will post 0.37 EPS for the current fiscal year.

Insider Buying and Selling at Grocery Outlet

In other Grocery Outlet news, Director Jeffrey York acquired 120,000 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was acquired at an average cost of $5.82 per share, with a total value of $698,400.00. Following the purchase, the director directly owned 120,000 shares in the company, valued at approximately $698,400. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Erik D. Ragatz purchased 125,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was acquired at an average price of $6.00 per share, with a total value of $750,000.00. Following the completion of the acquisition, the director directly owned 326,500 shares in the company, valued at $1,959,000. The trade was a 62.03% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders acquired 899,905 shares of company stock valued at $5,396,307 and sold 89,493 shares valued at $524,431. Corporate insiders own 4.50% of the company’s stock.

Grocery Outlet News Summary

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

• Positive Sentiment: Grocery Outlet beat Q1 estimates with EPS of $0.05 versus $0.02 expected and revenue of $1.17 billion versus $1.15 billion expected, which helped drive upbeat trading in the stock. Grocery Outlet first-quarter fiscal 2026 financial results
• Positive Sentiment: Management said traffic improved and the company kept its 2026 outlook unchanged, which investors may view as a sign that operations are stabilizing despite still-weak comparable sales. Zacks report on Grocery Outlet Q1 earnings
• Positive Sentiment: The company outlined second-quarter EPS guidance of $0.11 to $0.13 and said it is targeting about 100 store refreshes, reinforcing management’s plan to improve execution and store productivity. Seeking Alpha report on Q2 guidance and store refreshes
• Neutral Sentiment: Several law firms issued reminders about a May 15 securities-class-action deadline tied to alleged investor harm, which adds headline risk but does not change the company’s operating results. Faruqi & Faruqi deadline alert
• Negative Sentiment: The class-action updates could weigh on sentiment near term because they keep legal uncertainty in focus for GO shareholders. Pomerantz investor alert

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Aster Capital Management DIFC Ltd lifted its stake in shares of Grocery Outlet by 1,030.4% during the 4th 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 purchased a new position in shares of Grocery Outlet during the 4th quarter worth $35,000. State of Wyoming lifted its stake 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 purchasing an additional 3,880 shares during the period. Olympiad Research LP purchased a new position in shares of Grocery Outlet during the 4th quarter worth $101,000. Finally, XTX Topco Ltd purchased a new position in shares of Grocery Outlet during the 4th quarter worth $105,000. Hedge funds and other institutional investors own 99.87% of the company’s stock.

Grocery Outlet Company Profile

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.