Grocery Outlet Holding Corp. (GO Quick QuoteGO - Free Report) reported $1.17 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 3.6%. EPS of $0.05 for the same period compares to $0.13 a year ago.

The reported revenue represents a surprise of +1.15% over the Zacks Consensus Estimate of $1.15 billion. With the consensus EPS estimate being $0.02, the EPS surprise was +122.22%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Grocery Outlet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Total Store: 549 compared to the 574 average estimate based on four analysts.
• Comparable store sales growth: -1% versus the four-analyst average estimate of -2.1%.
• Number of new stores: 7 versus the two-analyst average estimate of 8.

View all Key Company Metrics for Grocery Outlet here>>>

Shares of Grocery Outlet have returned +10.9% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.