Sign In
Buy GO
Grocery Outlet Holding Earnings Calls
| Release date | Nov 04, 2025 |
| EPS estimate | $0.190 |
| EPS actual | $0.210 |
| EPS Surprise | 10.53% |
| Revenue estimate | 1.223B |
| Revenue actual | 1.168B |
| Revenue Surprise | -4.51% |
| Release date | Aug 05, 2025 |
| EPS estimate | $0.170 |
| EPS actual | $0.230 |
| EPS Surprise | 35.29% |
| Revenue estimate | 1.178B |
| Revenue actual | 1.18B |
| Revenue Surprise | 0.136% |
| Release date | May 06, 2025 |
| EPS estimate | $0.0700 |
| EPS actual | $0.130 |
| EPS Surprise | 85.71% |
| Revenue estimate | 1.124B |
| Revenue actual | 1.126B |
| Revenue Surprise | 0.109% |
| Release date | Feb 25, 2025 |
| EPS estimate | $0.170 |
| EPS actual | $0.150 |
| EPS Surprise | -11.76% |
| Revenue estimate | 1.087B |
| Revenue actual | 1.098B |
| Revenue Surprise | 1.01% |
Last 4 Quarters for Grocery Outlet Holding
Below you can see how GO performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Feb 25, 2025 |
| Price on release | $15.74 |
| EPS estimate | $0.170 |
| EPS actual | $0.150 |
| EPS surprise | -11.76% |
| Date | Price |
|---|---|
| Feb 19, 2025 | $16.00 |
| Feb 20, 2025 | $15.90 |
| Feb 21, 2025 | $15.68 |
| Feb 24, 2025 | $15.80 |
| Feb 25, 2025 | $15.74 |
| Feb 26, 2025 | $10.99 |
| Feb 27, 2025 | $11.83 |
| Feb 28, 2025 | $11.87 |
| Mar 03, 2025 | $11.33 |
| 4 days before | -1.63% |
| 4 days after | -28.02% |
| On release day | -30.18% |
| Change in period | -29.19% |
| Release date | May 06, 2025 |
| Price on release | $16.33 |
| EPS estimate | $0.0700 |
| EPS actual | $0.130 |
| EPS surprise | 85.71% |
| Date | Price |
|---|---|
| Apr 30, 2025 | $16.79 |
| May 01, 2025 | $16.70 |
| May 02, 2025 | $16.48 |
| May 05, 2025 | $16.30 |
| May 06, 2025 | $16.33 |
| May 07, 2025 | $15.33 |
| May 08, 2025 | $14.98 |
| May 09, 2025 | $14.41 |
| May 12, 2025 | $14.18 |
| 4 days before | -2.74% |
| 4 days after | -13.17% |
| On release day | -6.12% |
| Change in period | -15.54% |
| Release date | Aug 05, 2025 |
| Price on release | $13.02 |
| EPS estimate | $0.170 |
| EPS actual | $0.230 |
| EPS surprise | 35.29% |
| Date | Price |
|---|---|
| Jul 30, 2025 | $13.29 |
| Jul 31, 2025 | $13.17 |
| Aug 01, 2025 | $13.50 |
| Aug 04, 2025 | $13.42 |
| Aug 05, 2025 | $13.02 |
| Aug 06, 2025 | $18.58 |
| Aug 07, 2025 | $18.43 |
| Aug 08, 2025 | $18.54 |
| Aug 11, 2025 | $18.22 |
| 4 days before | -2.03% |
| 4 days after | 39.94% |
| On release day | 42.70% |
| Change in period | 37.10% |
| Release date | Nov 04, 2025 |
| Price on release | $14.17 |
| EPS estimate | $0.190 |
| EPS actual | $0.210 |
| EPS surprise | 10.53% |
| Date | Price |
|---|---|
| Oct 29, 2025 | $14.34 |
| Oct 30, 2025 | $13.66 |
| Oct 31, 2025 | $13.61 |
| Nov 03, 2025 | $14.24 |
| Nov 04, 2025 | $14.17 |
| Nov 05, 2025 | $13.03 |
| Nov 06, 2025 | $12.15 |
| Nov 07, 2025 | $12.15 |
| Nov 10, 2025 | $11.59 |
| 4 days before | -1.19% |
| 4 days after | -18.21% |
| On release day | -8.05% |
| Change in period | -19.18% |
Grocery Outlet Holding Earnings Call Transcript Summary of Q3 2025
Key points for investors: Grocery Outlet reported Q3 2025 net sales of $1.17 billion (up 5.4%) with comparable-store sales up 1.2%. The company opened 13 stores and closed 2 in the quarter (11 net) and now expects 37 net new stores for the year. Gross margin was 30.4% and adjusted EBITDA was $66.7 million (at the top of the outlook range); adjusted EPS was $0.21, ahead of guidance due to favorable taxes. Management flagged that late-quarter testing of promotions and marketing mix negatively impacted comps in September; they have course-corrected and are now guiding Q4 comps to be flat to up 1% and full-year comps to 0.6%–0.9%.
Strategic/operational highlights: management is accelerating a store refresh program (pilot stores have shown mid-single-digit comp lifts) focused on improved store layout, a defined 400-item core assortment, and stronger in-store value messaging. They are also restoring and enhancing order-guide systems (real-time and arrival order guides plus fresh forecasting tools) to improve inventory visibility and in-stock performance for independent operators (IOs). The company plans ~20 refreshed stores by year-end, ~150 additional refreshes in 2026 and completion of addressable stores in 2027. Two senior hires (Chief Store Operations Officer Frank Kerr and Chief Supply Chain Officer Scott Fremont) were announced to bolster execution and supply chain capabilities.
Financial/other notes: YTD operating cash flow improved to $149.8 million; Q3 cash balance $52.1 million and $175 million revolver capacity. Total debt was $500.3 million with net leverage ~1.8x. 2025 CapEx expected around $210 million, with a meaningful reduction expected in 2026 despite the large refresh program. Management did not incorporate potential SNAP benefit disruption from the federal government shutdown into guidance (EBT-related sales were ~9% last year) and will monitor developments. Management reiterated focus on improving returns on capital, execution, and sustainable comp growth in 2026.
