Grocery Outlet (GO) Set to Release Earnings on Tuesday

Key Points

• Grocery Outlet is scheduled to report Q3 2026 results after market close on November 3. Analysts expect earnings of approximately $0.15 per share on $1.17 billion in revenue.
• In the prior quarter, the company exceeded expectations with $0.20 EPS versus a $0.13 consensus and $1.19 billion in revenue; revenue increased 1.1% year over year, although net margin remained negative at 8.04%.
• Analyst sentiment remains cautious, with a consensus “Reduce” rating and an average price target of $10.50, below the stock’s reported $13.06 price. Two insiders recently purchased shares, increasing their ownership stakes.

Grocery Outlet (NASDAQ:GO - Get Free Report) is projected to post its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect the company to post earnings of $0.1516 per share and revenue of $1.17 billion for the quarter. Individuals may visit the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 4:30 PM ET.

Grocery Outlet (NASDAQ:GO - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.07. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates 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 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.23 EPS. On average, analysts expect Grocery Outlet to post $0.42 EPS for the current fiscal year and $0.52 EPS for the next fiscal year.

Grocery Outlet Stock Performance

NASDAQ:GO opened at $13.06 on Tuesday. Grocery Outlet has a 12 month low of $5.66 and a 12 month high of $15.15. The firm has a market capitalization of $1.29 billion, a PE ratio of -3.37, a price-to-earnings-growth ratio of 9.25 and a beta of 0.66. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.29 and a quick ratio of 0.30. The business's fifty day moving average price is $11.88 and its 200 day moving average price is $9.51.

Analyst Upgrades and Downgrades

GO has been the topic of a number of analyst reports. Weiss Ratings upgraded Grocery Outlet from a "sell (d-)" rating to a "sell (d)" rating in a report on Thursday, August 13th. Roth Capital reaffirmed a "neutral" rating and set a $10.00 target price on shares of Grocery Outlet in a research report on Thursday, August 13th. UBS Group increased their price target on shares of Grocery Outlet from $10.00 to $11.50 and gave the stock a "neutral" rating in a research report on Monday, August 17th. DA Davidson lifted their price target on Grocery Outlet from $9.00 to $12.00 and gave the company a "neutral" rating in a report on Thursday, August 13th. Finally, Morgan Stanley lifted their price objective on shares of Grocery Outlet from $7.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average target price of $10.50.

Insider Activity at Grocery Outlet

In related news, insider Paul Miller purchased 8,000 shares of the stock in a transaction dated Thursday, August 20th. The stock was bought at an average cost of $10.90 per share, for a total transaction of $87,200.00. Following the completion of the acquisition, the insider 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Carey F. Jaros bought 15,000 shares of the firm's stock in a transaction that occurred on Thursday, August 27th. The shares were acquired at an average cost of $11.70 per share, with a total value of $175,500.00. Following the purchase, the director directly owned 60,000 shares of the company's stock, valued at $702,000. This trade represents a 33.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 5.60% of the company's stock.

About Grocery Outlet

Grocery Outlet Holding Corp. operates a network of independently operated, extreme-value grocery stores under the Grocery Outlet banner. The company offers a broad assortment of products, including fresh produce, meat, dairy, deli items, frozen foods, packaged groceries, beverages, health and beauty products, household essentials and seasonal merchandise.

Its business model is based on opportunistic purchasing, allowing Grocery Outlet to source branded and private-label products from manufacturers, distributors and other suppliers when they are available through closeouts, surplus inventory, packaging changes, production overruns or other special buying opportunities.

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