Grocery Outlet: Q1 Earnings Snapshot

Published: 2026-05-13 16:19:07 ET GO

Published on 05/13/2026 at 04:19 pm EDT

EMERYVILLE, Calif. (AP) — EMERYVILLE, Calif. (AP) — Grocery Outlet (GO) on Wednesday reported a loss of $180.3 million in its first quarter.

The Emeryville, California-based company said it had a loss of $1.83 per share. Earnings, adjusted for one-time gains and costs, came to 5 cents per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The supermarket company selling discount, overstocked and closeout products posted revenue of $1.17 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.15 billion.

Grocery Outlet expects full-year earnings in the range of 45 cents to 55 cents per share, with revenue in the range of $4.6 billion to $4.72 billion.

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