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 guidance of 0.520-0.550 for the period, compared to the consensus EPS 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 Price Performance

GO stock opened at $13.10 on Wednesday. The company has a current ratio of 1.29, a quick ratio of 0.30 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $1.30 billion, a PE ratio of -3.36, a P/E/G ratio of 9.64 and a beta of 0.64. Grocery Outlet has a 12-month low of $5.66 and a 12-month high of $14.32. The business’s fifty day moving average price is $12.21 and its 200 day moving average price is $9.71.

Grocery Outlet (NASDAQ:GO) last announced its earnings results on Tuesday, November 10th. The company reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Grocery Outlet had a positive return on equity of 5.84% and a negative net margin of 8.04%. Grocery Outlet’s revenue for the quarter was up .9% on a year-over-year basis. During the same period last year, the business posted $0.21 EPS. On average, sell-side analysts anticipate that Grocery Outlet will post 0.42 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GO. Roth Capital reissued a “neutral” rating and set a $10.00 price target on shares of Grocery Outlet in a research report on Thursday, August 13th. UBS Group lifted their price objective on shares of Grocery Outlet from $10.00 to $11.50 and gave the company a “neutral” rating in a report on Monday, August 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $9.00 target price on shares of Grocery Outlet 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 upped their target price for the stock from $12.50 to $15.00 in a research note on Wednesday, September 30th. Finally, Telsey Advisory Group reiterated a “market perform” rating on shares of Grocery Outlet in a report on Thursday, August 13th. One analyst has rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Grocery Outlet currently has a consensus rating of “Reduce” and a consensus target price of $10.68.

Insider Transactions at Grocery Outlet

In other Grocery Outlet news, insider Paul Miller purchased 8,000 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was bought at an average cost of $10.90 per share, with a total value of $87,200.00. Following the acquisition, the insider directly owned 72,171 shares of the company’s stock, valued at approximately $786,663.90. This represents a 12.47% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Carey Jaros purchased 15,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was acquired at an average cost of $11.70 per share, with a total value of $175,500.00. Following the completion of the acquisition, the director directly owned 60,000 shares of the company’s stock, valued at $702,000. This represents a 33.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 5.60% of the stock is owned by insiders.

Grocery Outlet News Summary

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

• Positive Sentiment: Third-quarter revenue rose 0.9% year over year to $1.18 billion, topping the $1.17 billion consensus estimate. Comparable-store sales increased 0.5%. EPS of $0.16 also beat Zacks’ $0.15 estimate, although it matched the broader $0.16 consensus. Article: Grocery Outlet: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Fiscal 2026 revenue guidance of $4.70 billion to $4.72 billion is broadly in line with FactSet’s $4.70 billion estimate, offering little apparent upside surprise. Article: Grocery Outlet Fiscal 2026 Revenue Outlook
• Negative Sentiment: Profitability is the main concern: EPS fell from $0.21 a year ago, and higher costs and promotional pricing are pressuring the profit outlook. That may explain why a modest sales beat did not translate into a more clearly positive market reaction. Article: Grocery Outlook Pressured by Costs and Promotional Pricing

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.