Grocery Outlet (NASDAQ:GO) Issues FY 2025 Earnings Guidance

Grocery Outlet (NASDAQ:GO) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.700-0.750 for the period, compared to the consensus estimate of 0.940. The company issued revenue guidance of $4.7 billion-$4.8 billion, compared to the consensus revenue estimate of $4.7 billion. Grocery Outlet also updated its FY 2025 guidance to 0.700-0.750 EPS.

Grocery Outlet Stock Performance

Shares of GO stock traded down $0.06 on Tuesday, reaching $15.74. The stock had a trading volume of 2,895,418 shares, compared to its average volume of 1,968,947. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.33 and a current ratio of 1.46. Grocery Outlet has a 1 year low of $13.60 and a 1 year high of $29.19. The stock has a market cap of $1.53 billion, a P/E ratio of 30.86, a price-to-earnings-growth ratio of 9.08 and a beta of 0.32. The company has a 50 day simple moving average of $16.28 and a 200 day simple moving average of $17.21.

Grocery Outlet (NASDAQ:GO) last released its quarterly earnings results on Tuesday, February 25th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. Grocery Outlet had a return on equity of 5.25% and a net margin of 1.20%. Equities research analysts expect that Grocery Outlet will post 0.63 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on GO. UBS Group decreased their price objective on shares of Grocery Outlet from $21.00 to $16.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 6th. Wells Fargo & Company lowered their price objective on Grocery Outlet from $26.00 to $23.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft cut their target price on Grocery Outlet from $29.00 to $26.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Craig Hallum lowered their price target on Grocery Outlet from $20.00 to $17.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Finally, The Goldman Sachs Group lowered their price target on shares of Grocery Outlet from $17.00 to $15.00 and set a “sell” rating for the company in a report on Friday, November 1st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $18.00.

Grocery Outlet Company Profile

Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products.