Looking for insights into the US markets one hour before the close of the markets on Wednesday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Shares of discount grocery store chain Grocery Outlet (NASDAQ:GO)
jumped 38.9% in the afternoon session after the company reported second-quarter earnings that surpassed analyst expectations and raised its full-year profit forecast. The discount grocer posted an adjusted profit of $0.23 per share, which outpaced projections. In response to the strong quarter, management lifted its full-year adjusted earnings guidance to a range of $0.75 to $0.80 per share, above its prior outlook and Wall Street's estimates. The company attributed the better-than-expected performance to improved operational efficiency and increased comparable store sales. Following the results, Morgan Stanley upgraded the stock to Equalweight from Underweight and increased its price target, noting that the company's fundamentals appeared to be turning around.
Stay up-to-date with the latest market trends in the middle of the day on Wednesday. Explore the top gainers and losers during today's session in our detailed report.
Discount grocery store chain Grocery Outlet (NASDAQ:GO) missed Wall Street’s revenue expectations in Q2 CY2025 as sales rose 4.5% year on year to $1.18 billion. On the other hand, the company’s full-year revenue guidance of $4.75 billion at the midpoint came in 0.8% above analysts’ estimates. Its non-GAAP profit of $0.23 per share was 32.9% above analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the non-discretionary retail industry, including Grocery Outlet (NASDAQ:GO) and its peers.
Grocery Outlet’s first quarter results were met with a negative market response, as investors focused on flat same-store sales and a decline in operating margin despite headline revenue and non-GAAP profit metrics surpassing Wall Street expectations. Management cited solid new store openings and improved inventory management as key drivers for the quarter, but also acknowledged ongoing challenges in driving higher basket sizes and sustaining traffic gains. CEO Jason Potter pointed to improvements in inventory visibility and execution, noting, “Our planners now have full real-time inventory visibility into the distribution centers, which enables them to drive the flow of opportunistic product through the system.”
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead.
They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.
Nvidia (NASDAQ: NVDA) CEO Jensen Huang predicts that robotics and autonomous vehicles will dominate the coming years. He also commented on Huawei's growing influence in China.
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
Retailers are overhauling their operations as technology redefines the shopping experience. Still, demand can be volatile as the industry is exposed to the ups and downs of consumer spending.
This has stirred some uncertainty lately as retail stocks have tumbled by 9.1% over the past six months. This drop was worse than the S&P 500’s 2.1% fall.
Discount grocery store chain Grocery Outlet (NASDAQ:GO) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 8.5% year on year to $1.13 billion. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $4.75 billion at the midpoint. Its non-GAAP profit of $0.13 per share was 87.6% above analysts’ consensus estimates.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Shareholders of Grocery Outlet would probably like to forget the past six months even happened. The stock dropped 21.9% and now trades at $13.95. This may have investors wondering how to approach the situation.
