Q1 25 EPS
$0.13
BEAT +82.84%
Est. $0.07
Q1 25 Revenue
$1.13B
BEAT +0.11%
Est. $1.12B
vs S&P Since Q1 25
-72.2%
TRAILING MARKET
GO -37.6% vs S&P +34.5%
Market Reaction
Did GO Beat Earnings? Q1 2025 Results
Grocery Outlet delivered a standout adjusted earnings beat in Q1 fiscal 2025, with new CEO Jason Potter, who has outlined a strategic reset focused on execution and opportunistic buying, posting adjusted diluted EPS of $0.13 against a consensus estim… Read more Grocery Outlet delivered a standout adjusted earnings beat in Q1 fiscal 2025, with new CEO Jason Potter, who has outlined a strategic reset focused on execution and opportunistic buying, posting adjusted diluted EPS of $0.13 against a consensus estimate of $0.07, an 82.84% beat that signaled underlying momentum even as heavy restructuring charges clouded the headline picture. Net sales climbed 8.6% year-over-year to $1.13 billion, edging past the $1.12 billion consensus, fueled by new store openings and gross margin expansion of 110 basis points to 30.4%, the latter reflecting a recovery in inventory management capabilities that had been disrupted by a prior-year systems conversion. On a GAAP basis, $33.88 million in restructuring charges tied to lease terminations and warehouse project cancellations produced a net loss of $23.32 million. Looking ahead, Grocery Outlet maintained its fiscal 2025 net sales guidance of $4.70 billion to $4.80 billion and adjusted EPS range of $0.70 to $0.75, while trimming comparable store sales growth expectations to 1.0%-2.0% from a prior 2.0%-3.0%.
Key Takeaways
- • 8.5% net sales growth driven by new store openings and United Grocery Outlet acquisition
- • 0.3% comparable store sales increase driven by 2.3% transaction growth
- • Gross margin expansion of 110 basis points to 30.4% from improved inventory management
- • Adjusted EBITDA increased 31.7% to $51.9 million
- • Operating cash flow improved significantly to $58.9 million from $7.8 million year-over-year driven by working capital improvements
GO YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
“We delivered solid first quarter results, with comp-store sales and gross margins slightly ahead of our outlook, driven by traffic growth and tighter inventory management. We are encouraged by the improvement in our margins and the progress we have made on our real-time order guide.”
— Jason Potter, Q1 2025 Earnings Press Release
GO Earnings Trends
GO vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
GO EPS Trend
Earnings per share: estimate vs actual
GO Revenue Trend
Quarterly revenue: estimate vs actual
GO Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.02 | $0.05 | +120.26% | $1.17B | +1.38% |
| Q4 25 MISS FY | $0.21 | $0.19 | -8.92% | $1.22B | -1.07% |
| FY Full Year | $0.78 | $0.76 | -2.93% | $4.69B | -0.17% |
| Q3 25 BEAT | $0.19 | $0.21 | +11.46% | $1.17B | -0.94% |
| Q2 25 BEAT | $0.17 | $0.23 | +32.87% | $1.18B | -0.66% |
| Q1 25 BEAT | $0.07 | $0.13 | +82.84% | $1.13B | +0.11% |