Miller Paul Blaine purchased $87K of GO

Grocery Outlet (GO) shares rose 2.9% after BofA Securities upgraded it to Buy and raised its price target to $15, citing improved merchandise access and delivery partnerships. The stock later settled at $11.26, up 2.8%. BofA's analyst noted past SAP disruptions hurt margins but expects recovery. GO's shares are volatile, with a 31.7% decline from their 52-week high.

Bank of America upgraded Grocery Outlet (GO) to Buy from Neutral, citing an improved risk/reward profile for the off-price grocery retailer. The firm sees the stock as attractively priced. GO shares are publicly traded on the NASDAQ.

Albertsons (ACI) reported flat Q2 revenue at $24.94B, missing EBITDA estimates, and is down 14%. Grocery Outlet (GO) reported $1.19B revenue, up 1.1%, and is up 12.5%. Sprouts (SFM) reported $2.33B revenue, up 4.7%, and is down 9.4%. Kroger (KR) reported $34.62B revenue, up 2%, and is up 7.7%.

Grocery Outlet (GO) reported Q2 2026 net sales up 1.1% to $1.19B, but a net loss of $174.7M due to a $158M goodwill charge. The company raised full-year guidance for comparable-store sales, adjusted EPS, and adjusted EBITDA. Management completed its store optimization plan ahead of schedule, reducing restructuring costs and capital spending.

Grocery Outlet Holding Corp. reported Q2 sales of $1.19B and net income of $5.63M, with a six-month net loss of $174.7M. The company raised its 2026 net sales guidance to $4.70B-$4.72B, citing operational improvements. Analysts note risks, including persistent losses and profitability challenges, but highlight potential for durable profitability.

Grocery Outlet (GO) reported Q2 2026 net sales of $1.19B, up 1.1%, with adjusted EBITDA at $65.7M. Comparable store sales fell 0.3%, but traffic rose 1.8%. Adjusted EPS was $0.20, beating expectations. Full-year revenue guidance was raised to $4.70B-$4.72B. Management cited store closures and opportunistic sourcing as key drivers, but warned of a 1% headwind in Q3 due to a Cyclospora outbreak.