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.