Full-year net sales outlook lifted to USD 4.7 billion to USD 4.72 billion.
Comparable-store sales view tightened to -0.5% to 0%.
Quarterly results
Grocery Outlet posted Q2 fiscal 2026 net income of USD 5.6 million, swinging to profit from a net loss in the first half.
Net sales rose 1.1% to USD 1.19 billion from the prior-year quarter, while comparable-store sales slipped 0.3%.
Gross margin narrowed 0.4 percentage points to 30.2%, while operating income increased to USD 15.8 million, including USD 5.4 million restructuring charges.
Store base and first-half performance
The store base ended at 547 after 10 openings and 12 closures.
First-half operating loss widened to USD 162.2 million on USD 158 million goodwill impairment.
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