Grocery Outlet Q2 sales up 4.5% to $1.18 billion; net income falls to $5.0 million
Grocery Outlet reported second quarter fiscal 2025 results for the period ended June 28, 2025, with net sales up 4.5% to $1.18 billion but GAAP net income down to $5.0 million from $14.0 million, weighed by $11.2 million in restructuring charges. The company raised its fiscal 2025 diluted adjusted earnings per share guidance to $0.75 to $0.80 from $0.70 to $0.75 and maintained its other guidance figures, so the profit outlook improved even as reported second quarter earnings declined.
Key points
- Net sales rose 4.5% to $1.18 billion and comparable store sales increased 1.1%.
- Net income was $5.0 million, or $0.05 per diluted share, versus $14.0 million, or $0.14, a year earlier.
- Diluted adjusted EPS for fiscal 2025 guidance raised to $0.75 to $0.80 from $0.70 to $0.75; net sales guidance of $4.7 billion to $4.8 billion unchanged.
- Restructuring Plan total costs estimated at approximately $63 million, of which approximately $39 million is expected to be cash expenditures.
The filing
Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.