Grocery Outlet reports Q2 fiscal 2026 financial results
Net sales rose 1.1% to $1.19 billion, with comparable store sales down 0.3%. The company revised its full-year guidance upward and highlighted progress on its Optimization Plan.
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Discount supermarket chain
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In short: Grocery Outlet reported strong Q2 2026 results and raised its full-year guidance after implementing a store optimization plan.
Net sales rose 1.1% to $1.19 billion, with comparable store sales down 0.3%. The company revised its full-year guidance upward and highlighted progress on its Optimization Plan.
Paul Miller rejoins as Chief Purchasing and Merchandising Officer, and Ian Ferry is promoted to CFO, effective June 9.
Net sales increased 3.6% to $1.17 billion, with comparable store sales declining 1.0% and net loss of $180.3 million.
Frances Allen and Felicia Thornton join the Board effective April 1, 2026, bringing extensive retail and grocery expertise.
Grocery Outlet stock closed at USD 22.15 on September 17, 2026 on the Nasdaq, leaving the shares about 18 percent below their 52-week high. Recent...
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