Grocery Outlet Holding CorpGO
▲ PositiveCapitalrelevance
Q2 beat and raised full-year guidance
Impact on stocks 1
Consumer Staples
Grocery Outlet Holding CorpGrocery Outlet shares jumped 8.8% in afternoon trading after the discount grocer reported second-quarter fiscal 2026 results that beat analyst expectations and raised its full-year financial outlook. The company posted adjusted EPS of $0.20, beating the consensus estimate of $0.12 to $0.13, while net sales of $1.19 billion also topped forecasts. Management lifted full-year 2026 guidance to net sales of $4.70 billion to $4.72 billion and adjusted EPS of $0.51 to $0.55. The stock cooled to close at $10.78, up 5.2% from the previous close.
Grocery Outlet Holding CorpQ2 beat and raised full-year guidance