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 0.770. The company issued revenue guidance of $4.6 billion-$4.7 billion, compared to the consensus revenue estimate of $4.8 billion.

Grocery Outlet Stock Performance

Shares of Grocery Outlet stock traded down $0.08 on Wednesday, reaching $8.79. 5,717,037 shares of the company traded hands, compared to its average volume of 2,416,832. Grocery Outlet has a 52 week low of $8.73 and a 52 week high of $19.41. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.30 and a quick ratio of 0.25. The company has a 50 day moving average of $9.82 and a 200 day moving average of $12.77. The firm has a market capitalization of $862.65 million, a PE ratio of -175.80, a PEG ratio of 1.88 and a beta of 0.50.

Grocery Outlet (NASDAQ:GO) last issued its earnings results on Wednesday, March 4th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). Grocery Outlet had a negative net margin of 0.10% and a positive return on equity of 5.86%. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Equities analysts forecast that Grocery Outlet will post 0.63 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Grocery Outlet in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft set a $11.00 target price on Grocery Outlet in a research note on Thursday, January 8th. TD Cowen reduced their price target on Grocery Outlet from $18.00 to $16.00 and set a “hold” rating on the stock in a report on Wednesday, November 5th. The Goldman Sachs Group lowered their price target on Grocery Outlet from $12.00 to $9.00 and set a “sell” rating for the company in a research report on Thursday, February 19th. Finally, DA Davidson reiterated a “neutral” rating and issued a $15.00 price objective on shares of Grocery Outlet in a report on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $13.64.

Institutional Investors Weigh In On Grocery Outlet

Large investors have recently modified their holdings of the business. Aster Capital Management DIFC Ltd increased its position in 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 valued at $26,000 after buying an additional 2,308 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Grocery Outlet in the fourth quarter worth about $35,000. State of Wyoming grew its stake in shares of Grocery Outlet by 96.9% during the fourth quarter. State of Wyoming now owns 7,886 shares of the company’s stock worth $80,000 after acquiring an additional 3,880 shares during the last quarter. Shay Capital LLC acquired a new position in shares of Grocery Outlet during the third quarter valued at about $160,000. Finally, Olympiad Research LP purchased a new position in shares of Grocery Outlet in the 4th quarter valued at approximately $101,000. Institutional investors own 99.87% of the company’s stock.

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.