GO
Grocery Outlet Holding Corp.
GO lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover, though they disagree widely on how much.
GO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Stable | |
| Under pressure |
GO's revenue and cash flow are currently stable, but its profitability and balance sheet are under pressure.
GO PE Valuation
GO has no meaningful PE right now: it lost money over the past year.
GO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Stable | |
| Moderate | |
| Low |
Analysts expect GO's earnings to grow, with its revenue and profitability holding steady. However, they disagree widely on these estimates.
GO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.64 | — |
| Q3 2026 | -$3.87 | -$3.83 |
| Q2 2026 | -$3.88 | -4950% |
| Q1 2026 | -$3.89 | -2388% |
| Q4 2025 | -$2.30 | -675% |
| Q3 2025 | -$0.04 | -108% |
| Q2 2025 | $0.08 | -85% |
| Q1 2025 | $0.17 | -73% |
| Q4 2024 | $0.40 | -49% |
GO lost $3.87 per share over the past year, a bigger loss than the year before.
GO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +0.9% |
| Q2 2026 | $1.2B | +1.1% |
| Q1 2026 | $1.2B | +3.6% |
| Q4 2025 | $1.2B | +11% |
| Q3 2025 | $1.2B | +5.4% |
| Q2 2025 | $1.2B | +4.5% |
| Q1 2025 | $1.1B | +8.5% |
| Q4 2024 | $1.1B | +11% |
GO's revenue has grown year over year for 19 quarters in a row: $1.2B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2% | +0.1 points |
| Q2 2026 | 1.3% | +0.2 points |
| Q1 2026 | -15% | -13 points |
| Q4 2025 | -19% | -20 points |
| Q3 2025 | 1.9% | -1.7 points |
| Q2 2025 | 1.1% | -1.2 points |
| Q1 2025 | -2% | -2 points |
| Q4 2024 | 1% | -0.9 points |
GO's operating margin was 2% last quarter, about level with the same quarter a year ago.
GO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$7.1M | +$14.5M |
| Q2 2026 | $1.4M | -90% |
| Q1 2026 | -$193K | +$1.3M |
| Q4 2025 | $32.5M | +$52.1M |
| Q3 2025 | -$21.6M | -$2.2M |
| Q2 2025 | $14.4M | +427% |
| Q1 2025 | -$1.5M | +$36.9M |
| Q4 2024 | -$19.6M | +$9.2M |
GO's free cash flow has turned positive after two years mostly in the red: $27M over the past year.
GO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +515K shares |
| 1 year | +1.6% | +1.6M shares |
| 3 years | -0.7% | -685K shares |
| 5 years | +1.1% | +1.1M shares |
| Available history | +23% | +18.4M shares |
GO has 100M diluted shares, up 1.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $25M |
| Q3 2024 | $25M |
| Q2 2024 | $25M |
| Q1 2024 | $6.2M |
GO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 2.8x | Moderate |
| Q4 2024 | 2.5x | Moderate |
| Q3 2024 | 2.1x | Moderate |
| Q2 2024 | 1.9x | Healthy |
| Q1 2024 | 1.3x | Healthy |
| Q4 2023 | 0.9x | Very low |
GO's net debt is about 3.5 years of its operating earnings (EBITDA), up from 2.1 years a year ago.
GO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.4 | Neutral |
| Stochastic | 75.7 | Neutral |
GO's weekly RSI is 63 (neutral) and its Stochastic is 76 (neutral).
GO PE vs Consumer Defensive Sector
| Metric | GO | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
GO has no meaningful PE right now: it lost money over the past year.
GO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.5 | 3.2% above |
| 20 week MA | $11.4 | 13% above |
| 50 week MA | $9.84 | 31% above |
| 100 week MA | $12.3 | 4.3% above |
| 200 week MA | $19.0 | 32% below |
GO has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 32% below its 200-week average.
GO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.5 | $40.4 | +21% |
| 2021 | $40.4 | $28.1 | -31% |
| 2022 | $28.1 | $29.7 | +5.9% |
| 2023 | $29.7 | $27.0 | -9.3% |
| 2024 | $27.0 | $15.5 | -43% |
| 2025 | $15.5 | $10.3 | -34% |
| 2026 YTD | $10.3 | $12.9 | +25% |
GO has finished three years in a row lower, and it's up 25% so far in 2026.