NASDAQ$GO

Grocery Outlet Holding Corp · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Reported financial results for the first quarter fiscal 2025

Grocery Outlet reported increased net sales and gross profit for the first quarter of fiscal 2025, driven by new store sales and improved inventory management. Despite an operating loss and net loss due to restructuring charges, adjusted net income and adjusted EBITDA saw significant increases.

  • Net sales increased by 8.5% to $1.13 billion.
  • Comparable store sales increased by 0.3%.
  • Gross margin improved to 30.4% from 29.3% in the prior year.
  • Adjusted net income increased by 47.7% to $13.0 million.

Headline financials

Total Revenue

$1.13B

Previous: $1.04B+8.5%
EPS (adj)

$0.13

Previous: -$0.01+1400.0%
Comparable Store Sales

0.3%

No prior period
Total Stores

543

No prior period
New Store Openings

11

No prior period
Gross Margin

30.4%

Previous: 29.3%+3.8%
Adjusted EBITDA

$51.9M

Previous: $39.4M+31.7%
Transaction Count Increase

2.3%

No prior period
Avg Transaction Decrease

2.0%

No prior period
Capital Expenditures

-$60.5M

Previous: -$46.3M-30.7%
Net Income

-$23.3M

Previous: -$1.03M-2174.8%
Operating Income

-$22.5M

Previous: $563K-4097.9%
Gross Profit

$342M

Previous: $304M+12.7%
R&D Expense

$0.00

No prior period

Revenue & EPS history

Grocery Outlet · Revenue · Quarterly

$1.13B

Q1 2025+8.5%vs Q1 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Grocery Outlet maintained most of its key guidance figures for fiscal 2025, with an update to comparable store sales increase expectations.

Tailwinds

  • Net sales guidance remains at $4.7 billion to $4.8 billion.
  • Gross margin guidance remains at 30.0%-30.5%.
  • Adjusted EBITDA guidance remains at $260 million to $270 million.
  • Diluted adjusted earnings per share guidance remains at $0.70 to $0.75.
  • Capital expenditures guidance (net of tenant improvement allowances) remains at $210 million.

Headwinds

  • Comparable store sales increase guidance was updated to 1.0% to 2.0% from the previous 2.0% to 3.0%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-1.9%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-3.3%

Avg return

30 days after

53%

17 / 32 earnings

Positive

+13.4%

Q3 2021

Best reaction

-30.2%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.5%-4.7%
Q4 2025-28.1%-28.1%-17.9%
Q3 2025-8.1%-18.2%-20.0%
Q1 2025-6.3%-13.2%-16.2%
Q4 2024-30.2%-28.0%-15.8%
Q3 2024+11.8%+23.5%+30.3%
Q2 2024+7.4%+7.2%-7.0%
Q1 2024-19.1%-19.1%-17.2%
Q4 2023+0.6%+1.5%+10.7%
Q3 2023-4.0%-2.9%+4.5%
Q2 2023+4.2%+3.4%-8.9%
Q1 2023+4.4%+0.8%-6.0%
Q4 2022-4.4%-0.2%+2.1%
Q3 2022-5.6%-8.9%-12.8%
Q2 2022-7.2%-10.7%-16.7%
Q1 2022+10.5%+14.5%+14.6%
Q4 2021-2.1%+5.4%+17.9%
Q3 2021+13.4%+21.1%+19.9%
Q2 2021-12.4%-15.4%-20.9%
Q1 2021-19.9%-15.8%-17.7%
Q3 2020-2.4%-6.8%-8.6%
Q2 2020-5.2%-4.8%-12.5%
Q1 2019+0.6%+2.3%-9.6%
Q1 2020+2.1%+2.2%-7.5%
Q4 2018+6.7%+1.8%+5.1%
Q4 2017+6.7%+1.8%+5.1%
Q4 2019+6.3%+7.4%+7.7%
Q3 2018+1.9%+1.8%-1.7%
Q3 2019+4.8%+1.4%+2.7%
Q1 2018+5.2%+24.2%-1.8%
Q2 2019+5.2%+24.2%-1.8%
Q2 2018+5.2%+24.2%-1.8%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro