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Grocery Outlet Holding Corp. (GO) Stock Fundamental Analysis & AI Rating 2026

GO Nasdaq Retail-Grocery Stores DE CIK: 0001771515
Updated This Month • Analysis: May 14, 2026 • SEC Data: 2026-04-04
Combined AI Rating
SELL
79% Confidence
AGREEMENT
STRONG SELL
88% Conf
SELL
70% Conf

📊 GO Key Takeaways

Revenue: $1.2B
Net Margin: -15.5%
Free Cash Flow: $-193.0K
Current Ratio: 1.28x
Debt/Equity: 0.61x
EPS: $-1.83
AI Rating: STRONG SELL with 88% confidence
Grocery Outlet Holding Corp. (GO) receives a SELL rating with 79% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.2B, net profit margin of -15.5%, and return on equity (ROE) of -22.3%, Grocery Outlet Holding Corp. demonstrates mixed fundamentals in the Consumer sector. Below is our complete GO stock analysis for 2026.

Is Grocery Outlet Holding Corp. (GO) a Good Investment?

Claude

Grocery Outlet is operationally unprofitable with a $178M operating loss on $1.2B revenue, destroying shareholder value with -22.3% ROE despite adequate gross margins of 29.6%. Severely constrained by minimal cash reserves ($59M), negative free cash flow, and deteriorating profitability trends that indicate fundamental structural problems rather than temporary headwinds.

ChatGPT

Revenue growth is intact and leverage is moderate, but fundamentals have deteriorated sharply with negative operating and net margins and no interest coverage. While operating cash flow remains positive, high capex leaves only thin free cash flow. Until profitability normalizes and coverage improves, the risk profile outweighs the growth.

Why Buy Grocery Outlet Holding Corp. Stock? GO Key Strengths

Claude
  • + Gross margin of 29.6% is reasonable for grocery retail, indicating product-level profitability and some pricing power
  • + Positive operating cash flow of $52.6M demonstrates ability to convert some revenue to actual cash
  • + Debt-to-equity of 0.61x is moderate and manageable, showing restrained leverage
ChatGPT
  • + Solid revenue growth (+7.3% YoY)
  • + Healthy gross margin for the category (30.3%)
  • + Moderate leverage (0.50x D/E) and positive operating cash flow

GO Stock Risks: Grocery Outlet Holding Corp. Investment Risks

Claude
  • ! Operating margin of -15.3% with $178M operating loss reveals fundamental unprofitability that cannot sustain the business
  • ! Cash and equivalents of only $59M relative to $3B assets and $489M debt creates acute solvency and liquidity risk
  • ! Free cash flow of -$193K despite $52.6M operating cash flow indicates CapEx and operations are consuming all available cash, leaving no margin for error
  • ! Negative returns (ROE: -22.3%, ROA: -6.1%) indicate the company is destroying shareholder and asset value at an accelerating rate
  • ! Revenue growing 7.3% while operating losses widen suggests structural cost problems that growth alone cannot fix
ChatGPT
  • ! Negative operating and net margins with severe YoY deterioration
  • ! No interest coverage, indicating earnings cannot service debt costs
  • ! Thin free cash flow (0.5% margin) and low cash balance

Key Metrics to Watch

Claude
  • * Operating margin trend and path to profitability
  • * Cash balance and burn rate relative to operating obligations
  • * Free cash flow conversion and sustainability of capex levels
  • * Gross margin stability vs. operating expense reduction initiatives
ChatGPT
  • * Operating margin
  • * Interest coverage

Grocery Outlet Holding Corp. (GO) Financial Metrics & Key Ratios

Revenue
$1.2B
Net Income
$-180.3M
EPS (Diluted)
$-1.83
Free Cash Flow
$-193.0K
Total Assets
$3.0B
Cash Position
$59.0M

💡 AI Analyst Insight

Grocery Outlet Holding Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

GO Profit Margin, ROE & Profitability Analysis

Gross Margin 29.6%
Operating Margin -15.3%
Net Margin -15.5%
ROE -22.3%
ROA -6.1%
FCF Margin 0.0%

GO vs Consumer Sector: How Grocery Outlet Holding Corp. Compares

How Grocery Outlet Holding Corp. compares to Consumer sector averages

Net Margin
GO -15.5%
vs
Sector Avg 8.0%
GO Sector
ROE
GO -22.3%
vs
Sector Avg 18.0%
GO Sector
Current Ratio
GO 1.3x
vs
Sector Avg 1.5x
GO Sector
Debt/Equity
GO 0.6x
vs
Sector Avg 0.8x
GO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Grocery Outlet Holding Corp. Stock Overvalued? GO Valuation Analysis 2026

Based on fundamental analysis, Grocery Outlet Holding Corp. shows some fundamental concerns relative to the Consumer sector in 2026.

Return on Equity
-22.3%
Sector avg: 18%
Net Profit Margin
-15.5%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.61x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Grocery Outlet Holding Corp. Balance Sheet: GO Debt, Cash & Liquidity

Current Ratio
1.28x
Quick Ratio
1.28x
Debt/Equity
0.61x
Debt/Assets
72.7%
Interest Coverage
N/A
Long-term Debt
$489.3M

GO Revenue & Earnings Growth: 5-Year Financial Trend

GO 5-year financial data: Year 2021: Revenue $3.1B, Net Income $15.4M, EPS $0.19. Year 2022: Revenue $3.6B, Net Income $106.7M, EPS $1.08. Year 2023: Revenue $4.0B, Net Income $62.3M, EPS $0.63. Year 2024: Revenue $4.4B, Net Income $65.1M, EPS $0.65. Year 2025: Revenue $4.7B, Net Income $79.4M, EPS $0.79.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Grocery Outlet Holding Corp.'s revenue has grown significantly by 50% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.79 reflects profitable operations.

GO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
0.0%
Free cash flow / Revenue

GO Quarterly Earnings & Performance

Quarterly financial performance data for Grocery Outlet Holding Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $1.1B -$23.3M $-0.24
Q3 2025 $1.1B -$1.0M $-0.07
Q2 2025 $1.1B -$1.0M $0.05
Q1 2025 $1.0B -$1.0M $-0.01
Q3 2024 $1.0B -$1.0M $0.24
Q2 2024 $1.0B -$1.0M $0.13
Q1 2024 $965.5M -$1.0M $-0.01
Q3 2023 $918.2M $11.6M $0.17

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Grocery Outlet Holding Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$52.6M
Cash generated from operations
Capital Expenditures
$52.8M
Investment in assets
Dividends
None
No dividend program

GO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Grocery Outlet Holding Corp. (CIK: 0001771515)

📋 Recent SEC Filings

Date Form Document Action
May 13, 2026 10-Q go-20260404.htm View →
May 13, 2026 8-K go-20260513.htm View →
Apr 21, 2026 DEF 14A go-20260421.htm View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775168730.xml View →
Apr 2, 2026 8-K go-20260401.htm View →

Frequently Asked Questions about GO

What is the AI rating for GO?

Grocery Outlet Holding Corp. (GO) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 79% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are GO's key strengths?

Claude: Gross margin of 29.6% is reasonable for grocery retail, indicating product-level profitability and some pricing power. Positive operating cash flow of $52.6M demonstrates ability to convert some revenue to actual cash. ChatGPT: Solid revenue growth (+7.3% YoY). Healthy gross margin for the category (30.3%).

What are the risks of investing in GO?

Claude: Operating margin of -15.3% with $178M operating loss reveals fundamental unprofitability that cannot sustain the business. Cash and equivalents of only $59M relative to $3B assets and $489M debt creates acute solvency and liquidity risk. ChatGPT: Negative operating and net margins with severe YoY deterioration. No interest coverage, indicating earnings cannot service debt costs.

What is GO's revenue and growth?

Grocery Outlet Holding Corp. reported revenue of $1.2B.

Does GO pay dividends?

Grocery Outlet Holding Corp. does not currently pay dividends.

Where can I find GO SEC filings?

Official SEC filings for Grocery Outlet Holding Corp. (CIK: 0001771515) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is GO's EPS?

Grocery Outlet Holding Corp. has a diluted EPS of $-1.83.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is GO a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Grocery Outlet Holding Corp. has a SELL rating with 79% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is GO stock overvalued or undervalued?

Valuation metrics for GO: ROE of -22.3% (sector avg: 18%), net margin of -15.5% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

Should I buy GO stock in 2026?

Our dual AI analysis gives Grocery Outlet Holding Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is GO's free cash flow?

Grocery Outlet Holding Corp.'s operating cash flow is $52.6M, with capital expenditures of $52.8M. FCF margin is 0.0%.

How does GO compare to other Consumer stocks?

Vs Consumer sector averages: Net margin -15.5% (avg: 8%), ROE -22.3% (avg: 18%), current ratio 1.28 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 14, 2026 | Data as of: 2026-04-04 | Powered by Claude AI