Inferra AI / Company / GO
Grocery Outlet Holding Corp.
GO · Consumer Staples
Last earnings Aug 12, 2026 · Next earnings Nov 10, 2026
Key results
Gross marginquarter
30.6%
Gross margin was 30.6% compared to 30.9% last year.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Operating incomequarter
$12.8 million
Operating income was $12.8 million, which included $11.2 million in restructuring charges.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Net incomequarter
$5.0 million
Net income was $5.0 million, or $0.05 per diluted share, compared to net income of $14.0 million, or $0.14 per diluted share last year.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Adjusted net incomequarter
$22.8 million
Adjusted net income (1) was $22.8 million, or $0.23 diluted adjusted earnings per share (1) , compared to $25.1 million, or $0.25 diluted adjusted earnings per share (1) last year.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
EPSquarter
$0.23
Adjusted net income (1) was $22.8 million, or $0.23 diluted adjusted earnings per share (1) , compared to $25.1 million, or $0.25 diluted adjusted earnings per share (1) last year.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Gross margin was 30.5% compared to 30.2% last year.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Adjusted net income (1) was $35.8 million, or $0.36 diluted adjusted earnings per share (1) , compared to $33.9 million, or $0.34 diluted adjusted earnings per share (1) last year.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Gross margin declined 30 basis points to 30.6% during the second quarter, largely due to pricing adjustments on everyday staples designed to support our value proposition and appeal to the bargain-minded customer.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Operating income during the second quarter was $12.8 million, which included $11.2 million in charges during the period related to the Restructuring Plan (described below).
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
AI analysis
Q2 FY2025 · reported Aug 5, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The quarter in charts
GAAP gross margin
Percent of revenue, as stated
EX-99 · Aug 5, 2025 Margin values as stated in the release.
Headline figures
| Metric | Q2 FY2025 | Prior qtr | Year ago |
|---|---|---|---|
| Gross margin | 30.6% | — | 30.9% |
| Operating income | $12.8 million | — | — |
| Net income | $5.0 million | — | — |
| Adjusted net income | $22.8 million | — | — |
| EPS | $0.23 | — | — |
Guidance · company-stated
“increased 4.5%”
“and a 1.1%”
“increased 3.3%”
“declined 30 basis points to 30.6%”
Guidance stated in the release's Business Outlook table for the second quarter; no direction stated — figures as stated in the table.
Margin
Capital allocation
Capital expenditures for the second quarter of fiscal 2025, before the impact of tenant improvement allowances, were $65.2 million, an increase of $22.8 million over the second quarter of fiscal 2024.
Capital expenditures, net of tenant improvement allowances, for the second quarter this year, were $58.3 million compared with $40.2 million for the same period last year.
Company-stated claims
Historical · doubled · other
“Following the acquisition of United Grocery Outlet in fiscal 2024, our employee population doubled due to the majority of the UGO stores being Company-operated.”
10-K · Mar 4, 2026Event summary
Announces Second Quarter Fiscal 2025 Financial Results Emeryville, CA August 5, 2025 Grocery Outlet Holding Corp
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Net sales: “Net sales increased 4.5%”
sales: “sales and a 1.1%”
Gross profit: “Gross profit increased 3.3%”
Gross margin: “Gross margin declined 30 basis points to 30.6%”
Net sales (“the second quarter”)
“Net sales increased 4.5%”
sales (“the second quarter”)
“sales and a 1.1%”
Gross profit (“the second quarter”)
“Gross profit increased 3.3%”
Gross margin (“the second quarter”)
“Gross margin declined 30 basis points to 30.6%”
Guidance stated in the release's Business Outlook table for the second quarter; no direction stated — figures as stated in the table.
Capital allocation
Capital expenditures for the second quarter of fiscal 2025, before the impact of tenant improvement allowances, were $65.2 million, an increase of $22.8 million over the second quarter of fiscal 2024.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Capital expenditures, net of tenant improvement allowances, for the second quarter this year, were $58.3 million compared with $40.2 million for the same period last year.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
The increase in capital expenditures this year was due primarily to additional new store openings and increased supply chain investments during the second quarter of fiscal 2025 compared to the prior year.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Management uses net leverage to evaluate our overall liquidity and financial flexibility to pursue operational strategies and to evaluate our capital structure, and our ability to service our long-term debt obligations.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
For purposes of determining adjusted net income, in addition to the previously noted item, this line also represents the incremental amortization of an asset step-up resulting from purchase price accounting related to our acquisition in 2014 by an investment fund affiliated with Hellman Friedman LLC, as well as the amortization of debt issuance costs, as these items are already included in the adjusted EBITDA reconciliation within the depreciation and amortization expenses and interest expense, net, respectively.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
As most of our leases do not provide an implicit rate, we use our incremental borrowing rate, which is estimated to approximate the interest rate on a collateralized basis with similar terms and payments based on the information available at the commencement date, to determine the present value of our lease payments.
SEC original ↗Grocery Outlet Holding Corp. — 10-Q Quarterly report10-QAug 12, 2026
Strategy & priorities
1 Our focus on execution is beginning to deliver results, enabling us to outperform our outlook for the second quarter, said Jason Potter, President and CEO of Grocery Outlet.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Our resonant value proposition and store initiatives continued to drive growth in traffic, while our margin drivers and spending discipline are yielding sustainable gains in profitability.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
We also achieved important progress against the key strategic objectives we outlined last quarter.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Management uses these non-GAAP financial performance measures to supplement GAAP financial measures of performance to evaluate the effectiveness of our business strategies, to make budgeting decisions and to compare our performance against that of other peer companies using similar measures.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Management uses net leverage to evaluate our overall liquidity and financial flexibility to pursue operational strategies and to evaluate our capital structure, and our ability to service our long-term debt obligations.
SEC original ↗Grocery Outlet Holding Corp. — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Risks & headwinds
Legal Proceedings 40 Item 1A .
SEC original ↗Grocery Outlet Holding Corp. — 10-Q Quarterly report10-QAug 12, 2026
These forward-looking statements are subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially from those expressed or implied by any forward-looking statements we make, including those described under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in this report and our Annual Report on Form 10-K for the fiscal year ended January 3, 2026 ("2025 Form 10-K"), and as described in other subsequent reports we file with the United States ("U.
SEC original ↗Grocery Outlet Holding Corp. — 10-Q Quarterly report10-QAug 12, 2026
Actual results can differ from these estimates depending upon certain risks and uncertainties.
SEC original ↗Grocery Outlet Holding Corp. — 10-Q Quarterly report10-QAug 12, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
33 documentsEarnings releases
12 documentsPresentations
0 documentsNo presentations for Grocery Outlet Holding Corp. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Grocery Outlet Holding Corp. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.