Grocery Outlet (GO) Q2 Earnings: What To Expect

Discount grocery store chain Grocery Outlet (NASDAQ:GO) will be reporting results this Tuesday after the bell. Here’s what investors should know.

Grocery Outlet met analysts’ revenue expectations last quarter, reporting revenues of $1.13 billion, up 8.5% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

Is Grocery Outlet a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Grocery Outlet’s revenue to grow 5.2% year on year to $1.19 billion, slowing from the 11.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.17 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Grocery Outlet has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Grocery Outlet’s peers in the non-discretionary retail segment, only Sprouts has reported results so far. It beat analysts’ revenue estimates by 2.3%, delivering year-on-year sales growth of 17.3%. The stock was down 4.1% on the results.

Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the non-discretionary retail stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.1% on average over the last month. Grocery Outlet is up 4.2% during the same time and is heading into earnings with an average analyst price target of $15.62 (compared to the current share price of $13.80).

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