The earnings call highlighted strategic advancements such as net sales growth and store refresh success, but was overshadowed by underperformance in comparable store sales and concerns over SNAP benefits and adjusted earnings decline. The introduction of new leadership could help address some operational challenges.
Company Guidance
During the Grocery Outlet Third Quarter 2025 Earnings Results Conference Call, the company provided guidance reflecting a strategic focus on enhancing store performance and customer experience. The third quarter saw net sales growth of 5.4% to $1.17 billion, driven by a 1.2% increase in comparable store sales and the addition of 11 net new stores. The company reported a gross margin of 30.4% and adjusted EBITDA of $67 million, both aligning with their outlook. However, comparable store sales were slightly below expectations due to experimental promotional and marketing strategies that did not yield the anticipated results. Consequently, the company adjusted its same-store sales growth expectations for the fourth quarter to range between flat and 1%. Looking forward, Grocery Outlet plans to accelerate its store refresh program, which has already shown promising results with a mid-single-digit comp lift in pilot stores. For the full year, the company has updated its guidance to reflect net sales between $4.7 billion and $4.72 billion, with adjusted EPS expected to be between $0.78 and $0.80 per share. The company remains committed to driving sustainable growth through strategic initiatives, including the enhancement of in-store experiences and leveraging its independent operator model.
Net Sales Growth
Net sales increased by 5.4% to $1.17 billion, driven by 11 net new store openings and a 1.2% increase in comparable store sales.
Store Refresh Program Success
The pilot store refresh program delivered mid-single-digit comp lift in two pilot stores, with plans to scale the program to 150 stores by end of 2026.
Gross Margin Consistency
Gross margin was reported at 30.4%, consistent with the company's expectations and indicative of managed spending.
Leadership Additions
Grocery Outlet welcomed two new leaders, Frank Kerr as Chief Store Operations Officer and Scott Fremont as Chief Supply Chain Officer, to propel store operations and supply chain improvements.
Grocery Outlet Holding (GO) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GO Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 04, 2025
$14.17
$13.03
-8.05%
Aug 05, 2025
$13.02
$18.58
+42.70%
May 06, 2025
$16.33
$15.33
-6.12%
Feb 25, 2025
$15.74
$10.99
-30.18%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Grocery Outlet Holding Corp (GO) report earnings?
Grocery Outlet Holding Corp (GO) is schdueled to report earning on Mar 03, 2026, After Close (Confirmed).
What is Grocery Outlet Holding Corp (GO) earnings time?
Grocery Outlet Holding Corp (GO) earnings time is at Mar 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.