

Grocery Outlet remains a tactical 'Hold' as the turnaround lacks clear catalysts and Q1 FY 2026 results were disappointing. GO's same-store sales fell 1% with traffic up 2.1% but average ticket down 3.1%, highlighting persistent operational challenges. Despite trading at ~11.8x EBITDA, GO is not cheap relative to peers and offers limited near-term upside with a revised price target of $8.70.

EMERYVILLE, Calif., June 24, 2026 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet” or the “Company”) today announced the launch of its 16th annual ‘Independence from Hunger' (IFH) food drive, the Company's signature campaign to help end food insecurity in local communities.

DALLAS--(BUSINESS WIRE)--As summer temperatures rise, so does Rancher's Premium Smokehouse's retail momentum, with the Dallas-based brand announcing this week it's expansion onto Grocery Outlet shelves across Washington, California, Oregon and Pennsylvania. Available in select Grocery Outlet locations, the fastest-growing sausage brand in the U.S. is continuing to take the grocery and grill by storm with its one-of-a-kind flavor combinations earning them thousands of five-star reviews in taste,.

Grocery Outlet (GO) reported earnings 30 days ago. What's next for the stock?

Paul Miller Rejoins Grocery Outlet as Chief Purchasing and Merchandising Officer Ian Ferry Promoted to Chief Financial Officer Company Affirms Second Quarter and Fiscal 2026 Outlook

GO looks cheap, but the buy case hinges on turning traffic gains, store optimization and the "WOW!" mix into steadier margins and EBITDA.

Grocery Outlet's traffic is back, but baskets and margins lag as it rebuilds opportunistic deals, leans on private label, and prunes stores.

GO's treasure-hunt WOW! deals are pulling in more shoppers, but smaller baskets and promo-led margin pressure keep comps down.
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