Grocery Outlet sees smaller baskets in Q2 2026

US discount grocer Grocery Outlet reported Q2 sales up 1.1% YoY to USD1.19 billion, while LFL sales fell 0.3% as transaction growth of 1.8% was offset by a 2.1% drop in basket size. Adjusted EBITDA was USD65.7 million. The retailer opened 10 outlets and closed 12, ending the quarter with 547. FY2026 sales guidance was tightened to USD4.70 billion-USD4.72 billion. (Grocery Outlet)