05:05 AM EDT, 08/06/2025 (MT Newswires) -- Grocery Outlet Holding ( GO ) reported fiscal Q2 adjusted earnings late Tuesday of $0.23 per diluted share, down from $0.25 a year earlier.

Analysts polled by Factset expected $0.18.

Net sales for the quarter ended June 28 were $1.18 billion, up from $1.13 billion a year earlier.

Analysts polled by Factset expected $1.19 billion.

The company raised its guidance for fiscal 2025 adjusted EPS to between $0.75 and $0.80 from its previous outlook range of $0.70 to $0.75. Analysts polled by Factset expect $0.77.

Net sales outlook for the fiscal year remains at $4.7 billion to $4.8 billion. Analysts polled by Factset expect $4.72 billion.

Grocery Outlet ( GO ) shares were up nearly 16% in recent premarket activity Wednesday.