Grocery Outlet (GO) Reports Q1 Earnings: What Key Metrics Have to Say

Grocery Outlet Holding Corp. (GO) reported $1.17 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 3.6%. EPS of $0.05 for the same period compares to $0.13 a year ago.The reported revenue represents a surprise of +1.15% over the Zacks Consensus Estimate of $1.15 billion. With the consensus EPS estimate being $0.02, the EPS surprise was +122.22%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Grocery Outlet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Total Store: 549 compared to the 574 average estimate based on four analysts.Comparable store sales growth: -1% versus the four-analyst average estimate of -2.1%.Number of new stores: 7 versus the two-analyst average estimate of 8.View all Key Company Metrics for Grocery Outlet here>>>Shares of Grocery Outlet have returned +10.9% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks