Grocery Outlet

Q2 FY2026 EarningsQ2 FY26 results beat revenue expectations but showed mixed profitability, with revenue of $1.19B vs. $1.17B consensus. While GAAP EPS of $0.06 significantly exceeded the $0.048 mean estimate, gross margin of 30.2% remained under pressure due to promotional activities and store closure costs. Management is executing an Optimization Plan involving 36 store closures, which resulted in $5.4M in restructuring charges this quarter but aims to improve long-term cash flow.