other material
confidence high
sentiment negative
materiality 0.75
Grocery Outlet cuts Q4 and FY 2025 outlook; govt shutdown hits EBT sales
Grocery Outlet Holding Corp.
- November 2025 preliminary comp store sales flat; EBT transactions down ~8.2% due to U.S. government shutdown.
- Q4 2025 diluted adjusted EPS expected at low end of $0.21-$0.23 range; FY 2025 at low end of $0.78-$0.80.
- FY 2025 comparable store sales growth now at low end of 0.6% to 0.9% guidance range.
- Non-EBT comp sales declined 0.5% in November; company cites SNAP benefit disruption.