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Grocery Outlet Holding Q2 Adj. EPS $0.20 Beats $0.12 Estimate, Sales $1.179B Beat $1.167B Estimate

BenzingaAug 12, 2026, 8:03 PMBenzinga Newsdesk

Grocery Outlet Holding (NASDAQ:GO) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.12 by 66.67 percent. This is a 13.04 percent decrease over earnings of $0.23 per share

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Aug 12, 2026, 8:03 PM
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  1. The Motley FoolAug 13, 2026, 10:31 PMJoe Tenebruso

    Why Grocery Outlet Stock Gained Today

    Grocery Outlet shares rose 6.20% after the discount retailer raised its full-year sales and profit forecast. The company reported Q2 net sales of $1.2 billion (up 1.1%) and adjusted earnings per share of $0.20, beating Wall Street estimates of $0.12. Management raised its full-year net sales guidance to $4.7 billion and improved comparable-store sales projections. The company is executing its optimization plan by closing underperforming stores while opening new locations.

    Read original at the-motley-fool