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

Grocery Outlet (NASDAQ:GO) updated its FY 2026 earnings guidance on Wednesday morning. 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.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GO. Deutsche Bank reaffirmed a “hold” rating and issued a $9.00 target price on shares of Grocery Outlet in a report on Thursday, August 13th. Bank of America raised Grocery Outlet from a “neutral” rating to a “buy” rating and raised their price target for the company from $12.50 to $15.00 in a report on Wednesday, September 30th. UBS Group lifted their price objective on Grocery Outlet from $10.00 to $11.50 and gave the company a “neutral” rating in a research report on Monday, August 17th. TD Cowen boosted their price objective on Grocery Outlet from $12.00 to $14.00 and gave the stock a “hold” rating in a research note on Wednesday. Finally, The Goldman Sachs Group increased their target price on Grocery Outlet from $6.00 to $8.00 and gave the stock a “sell” rating in a report on Thursday. One research analyst has rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $11.50.

Grocery Outlet Trading Down 2.1%

GO stock opened at $12.85 on Friday. The company has a market cap of $1.27 billion, a P/E ratio of -3.33, a PEG ratio of 9.12 and a beta of 0.64. Grocery Outlet has a twelve month low of $5.66 and a twelve month high of $14.32. The company has a quick ratio of 0.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.58. The business has a fifty day moving average of $12.24 and a 200-day moving average of $9.74.

Grocery Outlet (NASDAQ:GO) last announced 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 5.54% and a negative net margin of 7.99%. The company’s revenue was up .9% on a year-over-year basis. During the same period last year, the company earned $0.21 earnings per share. As a group, equities research analysts expect that Grocery Outlet will post 0.42 EPS for the current year.

Insider Activity

In other Grocery Outlet news, Director Carey F. Jaros purchased 15,000 shares of the stock in a transaction dated Thursday, August 27th. The stock was bought at an average price of $11.70 per share, for a total transaction of $175,500.00. Following the transaction, the director directly owned 60,000 shares in the company, valued at $702,000. This represents a 33.33% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Paul Miller purchased 8,000 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were acquired at an average cost of $10.90 per share, with a total value of $87,200.00. Following the completion of the purchase, the insider owned 72,171 shares of the company’s stock, valued at $786,663.90. The trade was a 12.47% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 5.60% of the stock is currently owned by company insiders.

Latest Grocery Outlet News

Here’s some of the latest news about GO:

• Positive Sentiment: Fiscal 2026 EPS guidance is $0.52–$0.55, starting at the analyst consensus of $0.52; revenue guidance of $4.7 billion is in line with expectations.
• Neutral Sentiment: One analysis maintained a Hold view, citing positive traffic and comps but smaller basket sizes and margin pressure. It also pointed to deli and frozen expansion, opportunistic product sourcing, and UGO integration as potential longer-term levers. Seeking Alpha analysis
• Negative Sentiment: Goldman Sachs raised its target from $6 to $8 but maintained a Sell rating, indicating it still sees substantial downside from the cited share price.

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.