Zacks Research Forecasts Weaker Earnings for Grocery Outlet

Market Beat
2026.06.02 11:06
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Zacks Research lowered its Q3 2026 EPS estimate for Grocery Outlet (NASDAQ:GO) to $0.16 from $0.18, citing weaker earnings forecasts. The report also provided estimates for subsequent quarters through 2028. Meanwhile, other analysts like Wells Fargo and TD Cowen raised price targets, while Craig Hallum and Telsey Advisory Group downgraded ratings. Institutional investors including Royal Bank of Canada and UBS increased their holdings in the first half of the year.