Zacks Research Estimates Grocery Outlet FY2028 Earnings

Grocery Outlet Holding Corp. (NASDAQ:GO) – Equities researchers at Zacks Research issued their FY2028 earnings estimates for shares of Grocery Outlet in a report issued on Wednesday, March 18th. Zacks Research analyst Team forecasts that the company will post earnings per share of $0.50 for the year. The consensus estimate for Grocery Outlet’s current full-year earnings is $0.63 per share.

GO has been the topic of several other research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Grocery Outlet in a research note on Thursday, January 22nd. TD Cowen reissued a “hold” rating on shares of Grocery Outlet in a research note on Thursday, March 5th. Telsey Advisory Group lowered Grocery Outlet from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $15.00 to $9.00 in a report on Thursday, March 5th. The Goldman Sachs Group cut their price objective 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, Jefferies Financial Group reaffirmed a “hold” rating and issued a $7.00 price objective (down from $18.00) on shares of Grocery Outlet in a report on Thursday, March 5th. Eleven investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $10.68.

Grocery Outlet Stock Performance

Shares of NASDAQ GO opened at $5.83 on Friday. Grocery Outlet has a 12-month low of $5.66 and a 12-month high of $19.41. The company has a market cap of $572.21 million, a PE ratio of -2.55, a P/E/G ratio of 1.71 and a beta of 0.50. The stock has a 50 day simple moving average of $8.96 and a 200-day simple moving average of $11.85. The company has a current ratio of 1.37, a quick ratio of 0.32 and a debt-to-equity ratio of 0.49.

Grocery Outlet (NASDAQ:GO) last posted its earnings results on Wednesday, March 4th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.02). Grocery Outlet had a positive return on equity of 5.93% and a negative net margin of 4.80%.The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the company posted $0.15 EPS. Grocery Outlet’s revenue for the quarter was up 10.7% on a year-over-year basis. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS.

Institutional Investors Weigh In On Grocery Outlet

Several hedge funds and other institutional investors have recently bought and sold shares of GO. Alpine Global Management LLC bought a new position in shares of Grocery Outlet during the 4th quarter valued at about $177,000. Vancity Investment Management Ltd raised its holdings in shares of Grocery Outlet by 19.1% in the 4th quarter. Vancity Investment Management Ltd now owns 61,007 shares of the company’s stock worth $616,000 after purchasing an additional 9,763 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of Grocery Outlet by 54.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 15,763,945 shares of the company’s stock worth $159,216,000 after purchasing an additional 5,528,722 shares in the last quarter. Invesco Ltd. lifted its stake in Grocery Outlet by 106.5% during the fourth quarter. Invesco Ltd. now owns 1,914,410 shares of the company’s stock valued at $19,336,000 after purchasing an additional 987,367 shares during the last quarter. Finally, Vident Advisory LLC boosted its holdings in Grocery Outlet by 19.9% during the fourth quarter. Vident Advisory LLC now owns 16,965 shares of the company’s stock worth $171,000 after buying an additional 2,817 shares in the last quarter. 99.87% of the stock is currently owned by institutional investors.

Insider Transactions at Grocery Outlet

In other news, EVP Steven K. Wilson sold 4,721 shares of the business’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $6.06, for a total value of $28,609.26. Following the sale, the executive vice president owned 120,171 shares of the company’s stock, valued at approximately $728,236.26. The trade was a 3.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jeffrey York acquired 120,000 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was purchased at an average price of $5.82 per share, with a total value of $698,400.00. Following the acquisition, the director owned 120,000 shares of the company’s stock, valued at approximately $698,400. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders acquired 501,000 shares of company stock valued at $2,991,160 and sold 89,493 shares valued at $524,431. 4.50% of the stock is currently owned by company insiders.

Grocery Outlet News Summary

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

• Positive Sentiment: Director insider buys: Director Erik D. Ragatz bought shares across March 18–19, increasing his stake to 526,500 shares (purchases ~33,997 shares at ~$5.85 and 50,000 shares at ~$5.75). The transactions signal management-side confidence and provide some biographical support for the stock amid negative headlines. SEC Form 4 filing (Erik D. Ragatz)
• Neutral Sentiment: Business profile/background coverage: A feature explaining Grocery Outlet’s sourcing and inventory model ran on MSN, offering context on how the company stocks discount products and manages supply — useful for understanding margin and growth dynamics but unlikely to move shares sharply on its own. How Grocery Outlet’s food gets onto its shelves
• Negative Sentiment: Multiple class‑action / shareholder alerts: Several law firms (Pomerantz, Bernstein Liebhard, Levi & Korsinsky / SueWallSt, Robbins LLP, Faruqi & Faruqi, Block & Leviton) have announced or are reminding investors of securities‑fraud class actions against Grocery Outlet covering the period Aug. 5, 2025–Mar. 4, 2026. Allegations reference misstatements tied to the company’s expansion strategy and related disclosures; firms are soliciting plaintiffs and flagging filing deadlines. The wave of litigation notices raises near‑term legal and reputational risk, could increase settlement or defense costs, and tends to pressure shares until the claims are resolved or dismissed. Pomerantz investor alert on GO class action

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.