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Grocery Outlet Holding Raises FY2026 Adj EPS Guidance from $0.45-$0.55 to $0.51-$0.55 vs $0.51 Est; Affirms FY2026 Sales Guidance of $4.600B-$4.720B vs $4.659B Est
Grocery Outlet Holding (NASDAQ:GO) raises FY2026 Adj EPS guidance from $0.45-$0.55 to $0.51-$0.55 vs $0.51 analyst estimate. Affirms FY2026 sales outlook from $4.600 billion-$4.720 billion to $4.600 billion-$4.720
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- benzinga
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- Aug 12, 2026, 8:04 PM
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- Aug 12, 2026, 8:04 PM
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UBS Maintains Neutral on Grocery Outlet Holding, Raises Price Target to $11.5
UBS analyst Mark Carden maintains Grocery Outlet Holding (NASDAQ:GO) with a Neutral and raises the price target from $10 to $11.5.
Read original at benzingaWhy 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-foolDA Davidson Maintains Neutral on Grocery Outlet Holding, Raises Price Target to $12
DA Davidson analyst Michael Baker maintains Grocery Outlet Holding (NASDAQ:GO) with a Neutral and raises the price target from $9 to $12.
Read original at benzinga