# Grocery Outlet Holding Corp. (GO)

> Source: Nexqual · https://nexqual.com/GO · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Grocery Outlet Holding Corp. (GO), nexqual.com/GO" · informational, not investment advice.

**Price:** USD 13.06 (+2.59% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 12.73 · day 12.75–13.2 · 52w 5.66–15.92 · market cap $1.29B · NMS

## Key facts
- Last four reported quarters (through Jul 4, 2026): revenue $4.74B, net income -$381M (-8.0% margin), free cash flow $12.1M (SEC filings).
- 1 of 80 tracked superinvestors hold GO (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Analysts: Hold (mean 3.00 on a 1–5 scale) (14 analysts), mean target USD 10.92 (range 6–15).
- Total return with dividends: 1Y -13.0% vs S&P 500 +18.1%; 5Y -44.6% vs S&P 500 +85.1%.
- Next earnings: 2026-11-03, EPS estimate USD 0.15, revenue estimate $1.17B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.08B | $3.58B | $3.97B | $4.37B | $4.69B | $4.74B |
| Gross profit | $949M | $1.09B | $1.24B | $1.32B | $1.42B | — |
| Operating income | $89.1M | $95.0M | $126M | $78.3M | -$222M | -$374M |
| Net income | $62.3M | $65.1M | $79.4M | $39.5M | -$225M | -$381M |
| EPS (diluted) | $0.63 | $0.65 | $0.79 | $0.40 | -$2.30 | — |
| Free cash flow | $42.2M | $55.0M | $134M | -$74.6M | $23.8M | $12.1M |
| Gross margin | 30.8% | 30.5% | 31.3% | 30.2% | 30.3% | — |
| Operating margin | 2.9% | 2.7% | 3.2% | 1.8% | -4.7% | -7.9% |
| Net margin | 2.0% | 1.8% | 2.0% | 0.9% | -4.8% | -8.0% |
| Revenue growth | -1.8% | +16.2% | +10.9% | +10.1% | +7.3% | — |
| Cash + short-term investments | $140M | $103M | $115M | $62.8M | $69.6M | — |
| Total debt | $460M | $380M | $293M | $478M | $493M | — |
Fiscal years end Jan. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jul 4, 2026)
P/S 0.3x · EV/Sales 0.4x · P/FCF 106.9x · P/B 1.6x · FCF yield 0.94% · Earnings yield -29.46% · Net debt $431M · EV $1.73B
P/E at fiscal year-ends: Dec 2024 39.4x, Dec 2023 34.2x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold GO. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.02% | $9.8M | New position |

## Analysts
Consensus Hold (mean 3.00 on a 1–5 scale), 14 analysts; mean target USD 10.92 (low 6, high 15).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-30 | B of A Securities | Upgrade | Neutral → Buy | $12.5 → $15 |
| 2026-08-17 | UBS | Target raised | Neutral | $10 → $11.5 |
| 2026-08-13 | DA Davidson | Target raised | Neutral | $9 → $12 |
| 2026-08-13 | Telsey Advisory Group | Target raised | Market Perform | $9 → $12 |
| 2026-08-13 | Morgan Stanley | Target raised | Equal-Weight | $7 → $11 |
| 2026-08-13 | Wells Fargo | Target raised | Equal-Weight | $9 → $11 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | -13.0% | -44.6% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -13.0% | -11.1% |
| Volatility (annualized) | 56.3% | 46.5% |
| Max drawdown | -63.3% (Oct 2025→Mar 2026) | -87.3% (Jul 2022→Mar 2026) |

## Peers (Grocery Stores)
IMKTA (Ingles Markets, Incorporated) USD 86.78 +1.70% · YSWY (Yesway, Inc.) USD 22.72 +4.99% · NGVC (Natural Grocers by Vitamin Cott) USD 30.6 +1.12% · VLGEA (Village Super Market, Inc.) USD 44.32 +0.86% · DNUT (Krispy Kreme, Inc.) USD 3.1 +0.98% · DDL (Dingdong (Cayman) Limited) USD 2.14 -2.73%

## More
Full page: https://nexqual.com/GO · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt