NASDAQ$GO
Grocery Outlet Holding Corp · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Grocery Outlet reported Q1 2026 net sales of $1.17B with a net loss of $180.3M and diluted loss per share of $1.83.
For the thirteen weeks ended April 4, 2026, Grocery Outlet posted net sales of $1.17 billion, up 3.6% from $1.13 billion, driven by 33 net new stores partially offset by lower comparable store sales. Net loss was $180.3 million versus $23.3 million a year ago, with diluted loss per share of $1.83 compared with $0.24. The quarter included substantial non-cash impairment and optimization charges related to store portfolio actions and higher SG&A from commissions and corporate costs.
- Net sales rose 3.6% to $1.17B on new store openings.
- Net loss widened to $180.3M; diluted EPS was a loss of $1.83.
- Comparable store sales declined; IO commission expense was $171.0M.
- Optimization plan drove impairment and restructuring-related charges.
- Management continues new-store growth and portfolio optimization.
Headline financials
Revenue & EPS history
Grocery Outlet · Revenue · Quarterly
$1.17B
Forward guidance
The 10-Q does not provide numeric annual sales or EPS targets. MD&A discusses the Optimization Plan, new store pipeline, and expectations for long-term net sales growth from unit expansion.
Tailwinds
- Total net sales grew 3.6% with 33 net new stores over the last 12 months.
- Independent operator model continues to expand the store base.
Headwinds
- Large impairment charges drove a $180.3M net loss.
- Comparable store sales weakness and higher SG&A pressured margins.
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 2026
-1.9%
Avg return
Earnings day
-0.2%
Avg return
5 days after
-2.6%
Avg return
30 days after
53%
17 / 32 earnings
Positive
+13.4%
Q3 2021
Best reaction
-30.2%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.5% | -4.7% | +20.4% | |
| 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% | |
| Q2 2019 | +5.2% | +24.2% | -1.8% | |
| Q2 2018 | +5.2% | +24.2% | -1.8% | |
| Q1 2018 | +5.2% | +24.2% | -1.8% |
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