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DefensiveGrocery Outlet
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AI-extracted key facts from press releases and SEC filings. Significance 1–10.
4
OtherBearishPer-CompanyMar 12, 2026
Grocery Outlet price target cut to $10.50 by BofA following weak earnings
- ▸BofA analyst Robert Ohmes cut price target to $10.50 from $13.00
- ▸Q4 comparable sales declined nearly 1%
- ▸Management issued full-year guidance below consensus estimates
- ▸Business optimization plan includes shuttering 36 stores
- ▸Q4 net income missed average analyst forecasts