Grocery Outlet reports Q3 2026 results, returns to positive comps and raises FY guidance
+1 new source since this summary was written
Grocery Outlet Holding Corp. posted Q3 fiscal 2026 net sales of $1.18 billion, a 0.9% increase year‑over‑year, and comparable‑store sales rose 0.5% after three quarters of declines. Adjusted earnings were $0.16 per share and adjusted EBITDA was $59.4 million. The company lifted its FY2026 comparable‑store sales outlook to 0.2%–0.4% and kept its net‑sales forecast at $4.70 billion–$4.72 billion, while trimming the adjusted EBITDA range to $225 million–$229 million. Management highlighted traffic growth, a shift to opportunistic product mix and 14 new store openings, bringing the total to 561 locations.
Why it matters
The raised comparable‑store sales forecast and maintained net‑sales guidance suggest stronger top‑line momentum, which could support the stock price. The lower adjusted EBITDA outlook reflects higher SG&A pressure, indicating tighter profit expectations for investors.
Key facts
- 1Q3 net sales were $1.18 billion, up 0.9% year‑over‑year. fool.com
- 2Comparable‑store sales increased 0.5% in the quarter. fool.com
- 3Adjusted earnings per share were $0.16. fool.com
- 4Adjusted EBITDA was $59.4 million. fool.com
- 5FY2026 net‑sales guidance was $4.70 billion to $4.72 billion. supermarketnews.com
- 6FY2026 adjusted EBITDA guidance was $225 million to $229 million. supermarketnews.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.