Grocery Outlet (GO) to Release Earnings on Tuesday

Key Points

• Grocery Outlet is set to announce its Q2 2025 earnings on August 5th, with analysts expecting earnings of $0.17 per share and revenue of $1.20 billion.
• Following the latest earnings report on May 6th, where earnings surpassed estimates at $0.13 EPS, Grocery Outlet's stock has seen a 1.8% decline.
• Analysts have recently adjusted their price targets, with Wells Fargo increasing theirs to $19.00 and Jefferies upgrading the stock to a "buy" rating, illustrating a generally optimistic outlook.

Grocery Outlet (NASDAQ:GO - Get Free Report) is anticipated to announce its Q2 2025 earnings results after the market closes on Tuesday, August 5th. Analysts expect Grocery Outlet to post earnings of $0.17 per share and revenue of $1.20 billion for the quarter. Grocery Outlet has set its FY 2025 guidance at 0.700-0.750 EPS.

Grocery Outlet (NASDAQ:GO - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.06. The company had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.12 billion. Grocery Outlet had a return on equity of 6.21% and a net margin of 0.39%. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.09 earnings per share. On average, analysts expect Grocery Outlet to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Grocery Outlet Trading Up 2.5%

Shares of GO traded up $0.33 during trading hours on Friday, hitting $13.50. The stock had a trading volume of 3,597,051 shares, compared to its average volume of 3,107,860. The company's fifty day simple moving average is $13.39 and its 200 day simple moving average is $14.24. The firm has a market cap of $1.32 billion, a P/E ratio of 84.38, a P/E/G ratio of 4.27 and a beta of 0.29. Grocery Outlet has a 12-month low of $10.26 and a 12-month high of $21.67. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.25 and a current ratio of 1.25.

Wall Street Analyst Weigh In

Several analysts have weighed in on GO shares. Wells Fargo & Company lifted their target price on Grocery Outlet from $18.00 to $19.00 and gave the company an "overweight" rating in a research note on Wednesday, May 7th. Telsey Advisory Group restated a "market perform" rating and issued a $16.00 target price on shares of Grocery Outlet in a report on Tuesday. UBS Group lifted their target price on Grocery Outlet from $14.50 to $17.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Finally, Jefferies Financial Group upgraded Grocery Outlet from a "hold" rating to a "buy" rating and lifted their price target for the company from $13.00 to $18.00 in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $15.62.

Insider Transactions at Grocery Outlet

In other Grocery Outlet news, Director Erik D. Ragatz purchased 19,000 shares of the company's stock in a transaction dated Friday, May 9th. The stock was bought at an average cost of $14.46 per share, for a total transaction of $274,740.00. Following the completion of the transaction, the director owned 19,000 shares in the company, valued at approximately $274,740. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 4.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Grocery Outlet

An institutional investor recently raised its position in Grocery Outlet stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Grocery Outlet Holding Corp. (NASDAQ:GO - Free Report) by 14.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 357,856 shares of the company's stock after buying an additional 44,214 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.37% of Grocery Outlet worth $5,003,000 at the end of the most recent quarter. 99.87% of the stock is owned by hedge funds and other institutional investors.

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.