Grocery Outlet Q2 FY26 net income rises to $5.63 million; net sales increase 1.1% to $1.19 billion

Reuters2026/08/12 20:03

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Grocery Outlet posted Q2 fiscal 2026 net income of USD 5.6 million, swinging to profit from a net loss in the first half.
Net sales rose 1.1% to USD 1.19 billion from the prior-year quarter, while comparable-store sales slipped 0.3%.
Gross margin narrowed 0.4 percentage points to 30.2%, while operating income increased to USD 15.8 million, including USD 5.4 million restructuring charges.
Store base ended at 547 after 10 openings and 12 closures; first-half operating loss widened to USD 162.2 million on USD 158 million goodwill impairment.
Full-year net sales outlook lifted to USD 4.7 billion-USD 4.72 billion; comparable-store sales view tightened to -0.5% to 0%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grocery Outlet Holdings Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608121601PRIMZONEFULLFEED9808776) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Grocery Outlet Q2 FY26 net income rises to $5.63 million; net sales increase 1.1% to $1.19 billion

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