Discount grocery store chain Grocery Outlet (NASDAQ: GO) will be announcing earnings results this Wednesday after market close. Here’s what to expect.
Grocery Outlet missed analysts’ revenue expectations last quarter, reporting revenues of $1.22 billion, up 10.7% year on year. It was a softer quarter for the company, with full-year revenue guidance missing analysts’ expectations significantly and full-year EBITDA guidance missing analysts’ expectations significantly.
Is Grocery Outlet a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Grocery Outlet’s revenue to grow 2.2% year on year, slowing from the 8.5% increase it recorded in the same quarter last year.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Grocery Outlet has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at Grocery Outlet’s peers in the non-discretionary retail segment, only Sprouts has reported results so far. It met analysts’ revenue estimates, delivering year-on-year sales growth of 4.1%. The stock traded up 15.1% on the results.
Read our full analysis of Sprouts’s earnings results here.The market narrative shifted from AI-driven sector rotation in late 2025 to geopolitical shock as the US-Iran conflict dominated early 2026. While some of the non-discretionary retail stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3.4% on average over the last month. Grocery Outlet is up 12% during the same time and is heading into earnings with an average analyst price target of $7.62 (compared to the current share price of $7.89).
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