Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

5 Must-Read Analyst Questions From Grocery Outlet’s Q2 Earnings Call

GO Cover Image

Grocery Outlet’s second quarter results received a positive market response, with management crediting operational changes and early benefits from its new store strategies for the performance. CEO Jason Potter highlighted improvements in inventory management, better merchandising, and disciplined cost control as key drivers, along with steady progress in piloting new store formats and technology upgrades. The company also attributed its results to a modest increase in same-store sales, improved gross margin through shrink reduction, and initial momentum from supply chain simplification. Potter noted, “We achieved our objectives for Q2…driving improvements in inventory management and merchandising.”

Is now the time to buy GO? Find out in our full research report (it’s free).

Grocery Outlet (GO) Q2 CY2025 Highlights:

  • Revenue: $1.18 billion vs analyst estimates of $1.19 billion (4.5% year-on-year growth, 0.6% miss)
  • Adjusted EPS: $0.23 vs analyst estimates of $0.17 (32.9% beat)
  • Adjusted EBITDA: $67.75 million vs analyst estimates of $64.29 million (5.7% margin, 5.4% beat)
  • The company reconfirmed its revenue guidance for the full year of $4.75 billion at the midpoint
  • Management raised its full-year Adjusted EPS guidance to $0.78 at the midpoint, a 6.9% increase
  • EBITDA guidance for the full year is $265 million at the midpoint, above analyst estimates of $262.7 million
  • Operating Margin: 1.1%, down from 2.3% in the same quarter last year
  • Locations: 552 at quarter end, up from 524 in the same quarter last year
  • Same-Store Sales rose 1.1% year on year (2.9% in the same quarter last year)
  • Market Capitalization: $1.81 billion

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Grocery Outlet’s Q2 Earnings Call

  • Anthony Bonadio (Wells Fargo) questioned the underlying drivers for comp acceleration in the back half; CEO Jason Potter detailed improvements from sharper KVIs pricing, enhanced in-stock rates, and new arrival guides as contributors.
  • Corey Tarlowe (Jefferies) asked about the drivers behind new store cohort outperformance; Potter cited site clustering, refined selection criteria, and pilot-driven execution as keys to early success.
  • Mark Carden (UBS) inquired about recent consumer behavior and SNAP (Supplemental Nutrition Assistance Program) impacts; Potter responded that customer patterns remain steady and Grocery Outlet stands to benefit from value-seeking SNAP recipients.
  • Jeremy Hamblin (Craig-Hallum) sought clarity on future infill market share and IO feedback; Potter explained the shift towards more infill openings and highlighted IO enthusiasm for new operational tools as central to execution.
  • Oliver Chen (TD Cowen) probed private label strategy and opportunistic supply; Potter discussed ongoing private label expansion, its positive margin impact, and continued strong buying opportunities for opportunistic products.

Catalysts in Upcoming Quarters

In the coming quarters, the StockStory team will be monitoring (1) the success of new arrival guide and forecasting tool rollouts in driving comp growth and improved in-stock rates, (2) sustained outperformance of new store cohorts and the evolving mix of infill versus new market openings, and (3) the realization of cost savings and SG&A leverage as systems optimizations are completed. Pilots in fresh and private label categories will also be important indicators of broader execution.

Grocery Outlet currently trades at $18.14, up from $13.01 just before the earnings. Is there an opportunity in the stock?See for yourself in our full research report (it’s free).

Our Favorite Stocks Right Now

Donald Trump’s April 2025 "Liberation Day" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities.

The smart money is already positioning for the next leg up. Don’t miss out on the recovery - check out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.