Grocery Outlet Q3 FY26 net income rises 15% to $13.29 million
GO•Grocery Outlet’s third-quarter FY26 net income rose 15% year over year to $13.29 million, while net sales reached $1.18 billion and its store count rose to 561. Its 39-week net loss widened to $161.41 million, including a $158 million noncash goodwill impairment charge.
1. Quarterly results
Grocery Outlet reported third-quarter FY26 net income of $13.29 million, up 15% year over year. Net sales increased to $1.18 billion, and the company had 561 stores at quarter-end.
2. 39-week results and plan
For the first 39 weeks of FY26, Grocery Outlet’s net loss widened to $161.41 million, including a $158 million noncash goodwill impairment charge. Estimated net restructuring charges for its Optimization Plan rose to $22 million–$29 million, and substantial completion is now expected by the fourth quarter of FY27.
