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

Grocery Outlet (NASDAQ:GO) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.450-0.550 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

A number of analysts recently commented on GO shares. TD Cowen dropped 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. Telsey Advisory Group lowered Grocery Outlet from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $15.00 to $9.00 in a research note on Thursday. Deutsche Bank Aktiengesellschaft set a $11.00 price objective on Grocery Outlet in a report on Thursday, January 8th. The Goldman Sachs Group cut their target price on shares of Grocery Outlet from $12.00 to $9.00 and set a “sell” rating on the stock in a research note 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. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $11.73.

Grocery Outlet Stock Down 21.0%

Shares of NASDAQ GO opened at $6.94 on Thursday. The business’s 50 day moving average is $9.79 and its two-hundred day moving average is $12.74. Grocery Outlet has a 52-week low of $6.53 and a 52-week high of $19.41. The company has a quick ratio of 0.25, a current ratio of 1.30 and a debt-to-equity ratio of 0.40. The firm has a market cap of $681.09 million, a price-to-earnings ratio of -138.80, a PEG ratio of 1.80 and a beta of 0.50.

Grocery Outlet (NASDAQ:GO) last released its quarterly earnings data on Wednesday, March 4th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). Grocery Outlet had a positive return on equity of 5.86% and a negative net margin of 0.10%.The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the company posted $0.15 earnings per share. The company’s revenue was up 10.7% compared to the same quarter last year. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Research analysts predict that Grocery Outlet will post 0.63 EPS for the current year.

Key Grocery Outlet News

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

• Positive Sentiment: Operating cash flow and liquidity showed improvement: cash from operations rose year-over-year to $72.3M and cash & cash equivalents were ~$69.6M, which provides short-term runway as the company executes its plan. Quiver Quant – Q4 2025 Earnings
• Positive Sentiment: Management launched a business optimization plan and retained Gordon Brothers to market select retail leasehold opportunities — a move aimed at improving margins and cash flow over time. This could reduce costs and right-size the store footprint. Gordon Brothers Retained (GlobeNewswire)
• Neutral Sentiment: Revenue grew 10.7% year-over-year to $1.22B, showing top-line traction, but it fell slightly short of some analyst estimates — mixed signal for growth vs. near-term execution. MarketBeat – Q4 Release
• Negative Sentiment: FY2026 guidance was lowered: EPS guidance of $0.45–$0.55 vs. consensus ~$0.77, and revenue guidance of $4.6–$4.7B vs. consensus ~$4.8B — the guidance cut is a primary driver of the negative re-pricing. Company Press Release / Slide Deck
• Negative Sentiment: Reported Q4 EPS and GAAP results disappointed: headline EPS came in below consensus ($0.19 vs. $0.21), and third‑party reporting highlights large GAAP operating and net losses (including a substantial one‑time swing) that materially weighed on the print. Zacks – Earnings Recap
• Negative Sentiment: Multiple analyst downgrades and steep price-target cuts (Jefferies to $7 from $18; Morgan Stanley to $7; Telsey to $9 and downgraded) amplified selling pressure by lowering broker support and implied valuation. Benzinga – Analyst Actions
• Negative Sentiment: Notable institutional trimming of positions reported in Q4 (large sellers including T. Rowe Price and others) increases supply pressure and may limit near-term upside until results/stability improve. Quiver Quant – Institutional Activity

Hedge Funds Weigh In On Grocery Outlet

Several institutional investors and hedge funds have recently bought and sold shares of GO. T. Rowe Price Investment Management Inc. lifted its stake in shares of Grocery Outlet by 54.0% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,763,945 shares of the company’s stock worth $159,216,000 after acquiring an additional 5,528,722 shares in the last quarter. Mackenzie Financial Corp increased its holdings in Grocery Outlet by 0.5% during the 4th quarter. Mackenzie Financial Corp now owns 4,709,721 shares of the company’s stock worth $47,757,000 after purchasing an additional 22,418 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Grocery Outlet by 5.0% during the third quarter. Dimensional Fund Advisors LP now owns 4,619,851 shares of the company’s stock worth $74,149,000 after buying an additional 221,693 shares in the last quarter. Marshall Wace LLP increased its stake in shares of Grocery Outlet by 0.5% in the third quarter. Marshall Wace LLP now owns 4,577,371 shares of the company’s stock worth $73,467,000 after buying an additional 20,819 shares during the last quarter. Finally, State Street Corp boosted its stake in Grocery Outlet by 11.8% during the 4th quarter. State Street Corp now owns 4,375,319 shares of the company’s stock valued at $44,191,000 after acquiring an additional 462,212 shares during the last quarter. Institutional investors and hedge funds 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.