Analysts expect Grocery Outlet to post Q1 earnings of $0.02 per share, down from $0.13 a year earlier, with revenue of $1.15 billion.
Grocery Outlet Holding Corp. (NASDAQ:GO) is set to release first-quarter earnings after the market closes on May 13, with analysts projecting a decline to $0.02 per share from $0.13 in the same period last year. Revenue is expected to reach $1.15 billion, slightly above the $1.13 billion reported a year ago.
The company previously reported weaker-than-expected fourth-quarter results on March 4 and issued full-year 2026 sales guidance below estimates. Analysts have since revised price targets downward, with DA Davidson cutting its target to $7 from $11 and Wells Fargo lowering its estimate to $7 from $10.5.
Shares of Grocery Outlet rose 1.4% to close at $7.96 on Tuesday ahead of the earnings release.