EMERYVILLE, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the second quarter of fiscal 2025 will be released after the market close on Tuesday, August 5, 2025. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results. A live audio webcast of the conference call will be available online at https://investors.groceryoutlet.com. A replay will be available for approximately one y ...

Core Viewpoint - Investors in the Consumer Products - Staples sector should consider Grocery Outlet Holding Corp. (GO) and Kimberly-Clark (KMB) for potential value investment opportunities [1] Group 1: Company Rankings and Performance - Grocery Outlet Holding Corp. has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Kimberly-Clark has a Zacks Rank of 4 (Sell) [3] - The Zacks Rank system emphasizes companies with positive earnings estimate revisions, suggesting that GO is likely experiencing a more favorable earnings outlook compared to KMB [3] Group 2: Valuation Metrics - GO has a forward P/E ratio of 17.91, while KMB has a forward P/E of 18.58, indicating that GO may be more attractively priced relative to its earnings [5] - The PEG ratio for GO is 3.35, compared to KMB's PEG ratio of 4.47, suggesting that GO's valuation is more favorable when considering expected earnings growth [5] - GO's P/B ratio is 1.1, significantly lower than KMB's P/B of 35.69, further supporting GO's position as a better value option [6] - Based on these valuation metrics, GO has a Value grade of A, while KMB has a Value grade of C, reinforcing the conclusion that GO is the superior value investment at this time [6]

Core Viewpoint - The article emphasizes the importance of value investing and highlights Grocery Outlet (GO) as a strong candidate for value investors due to its favorable financial metrics and Zacks Rank [2][4][7] Company Metrics - Grocery Outlet (GO) currently holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4] - GO has a P/E ratio of 16.32, which is lower than the industry average of 20.41, suggesting it may be undervalued [4] - The stock's Forward P/E has fluctuated between 11.17 and 22.28 over the past 52 weeks, with a median of 17.03 [4] - GO's PEG ratio stands at 3.06, which is comparable to the industry average of 3.31, indicating reasonable growth expectations [5] - The PEG ratio has ranged from 1.65 to 16.85 in the last 12 months, with a median of 3.34 [5] - GO's P/CF ratio is 9.95, significantly lower than the industry average of 14.46, highlighting its attractive cash flow position [6] - The P/CF ratio has varied from 7.25 to 14.46 over the past year, with a median of 10.72 [6] Investment Outlook - The combination of GO's favorable financial metrics and strong earnings outlook suggests that it is likely undervalued, making it an appealing option for value investors [7]

Core Viewpoint - Grocery Outlet Holding Corp. emphasizes its commitment to stakeholders through initiatives aimed at promoting affordable food access, reducing waste, and encouraging entrepreneurship, as outlined in its 2024 Impact Report [1][2]. Summary by Relevant Categories Saving Customers Money - The company utilizes an opportunistic buying model and strategic supplier partnerships to offer significant savings on products compared to conventional retailers, helping customers manage their budgets effectively [2]. Providing Affordable, Quality Food - Grocery Outlet launched over 180 new private label SKUs in 2024, enhancing its market presence and providing accessible, nutritious food options for customers across various income levels [2]. Giving Back to Communities - The Independence from Hunger Campaign raised nearly $4.9 million in 2024, and the inaugural GO Volunteer Day provided 34,000 meals to local community members, reflecting the company's commitment to community engagement [2]. Creating Opportunities for Independent Operators - The company attracted over 40,000 inquiries to join its network of Independent Operators (IOs) in 2024, welcoming 49 new IOs and growing its network to 481, including some operating multiple stores [2]. Driving Engagement with Employees - Grocery Outlet focuses on competitive pay and benefits to attract and retain talent, while expanding learning and development initiatives to support career advancement across all organizational levels [2]. Reducing Food Waste - The company avoided over 762 million pounds of food waste in 2024 and donated approximately 3.3 million pounds of groceries to food banks, marking a more than 60% increase from the previous year [2]. Improving Operational Efficiency - Grocery Outlet achieved a 73% increase in stores using efficient CO2 refrigeration, with 100% of stores employing energy management systems and 63% of third-party carriers being SmartWay certified [2].

Adds Two New Independent Directors with Relevant Expertise to Support Next Chapter of Growth Two Long-serving Directors to Retire in August EMERYVILLE, Calif., June 26, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet," the "Company," "we" or "our") announced the appointments of Michael Kobayashi and Lawrence “Chip” Molloy to its Board of Directors, effective today, as part of the Company’s Board refreshment and leadership transition efforts, which are designed to drive th ...

Core Points - Grocery Outlet Holding Corp. has launched its 15th annual Independence from Hunger® (IFH) Food Drive to address food insecurity from June 25 to July 31, 2025 [1][2] - The campaign has collected over $25 million in cash and food donations since its inception in 2011, benefiting local food agencies [1][3] - According to the USDA, 13.5% of U.S. households, or 18 million, face food insecurity, with summer months exacerbating the issue for 22 million children [2] Company Overview - Grocery Outlet is a high-growth, extreme value retailer based in Emeryville, California, operating over 540 stores across multiple states [3] - The company focuses on providing quality, name-brand consumables and fresh products through a network of independently operated stores [3] Campaign Participation - Customers can participate by donating $5 or more to receive a coupon for $5 off a future purchase, purchasing pre-made bags of groceries for donation, or making monetary donations in-store or online [4]

Grocery Outlet Holding Corp. (GO) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The po ...

Core Insights - The redevelopment plans for the Annapolis Mall, including the conversion of JCPenney and the opening of a charter school, have faced significant delays and challenges [1][7][13]. Group 1: JCPenney Developments - JCPenney has delayed its closure and is now negotiating a long-term lease at the Annapolis Mall, extending its operation through at least August 31 [3][10]. - The original plan to close JCPenney by May 16 has been halted, and the retailer is optimistic about reaching an agreement with the landlord [11][12]. - The mall's redevelopment proposal included converting JCPenney into multiple storefronts and a gym, but this plan is now on hold [8][9]. Group 2: Charter School Cancellation - The New Village Academy charter school has canceled its planned opening due to increased construction costs and federal funding cuts, which had already been delayed from an initial launch in August 2024 [7][13]. - A $5.8 million construction loan was required for the school, but construction costs rose by $900,000 due to tariffs and economic instability [14][15]. Group 3: Mall Ownership and Future Plans - The Annapolis Mall is under new ownership by Dallas-based Centennial, which is focusing on experiential businesses and luxury retailers [6]. - There are considerations for building housing outside the mall as part of its redevelopment strategy [6].

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Grocery Outlet Holding Corp. related to misrepresentation of the company's operational transition [1][2] Group 1: Legal Investigation - A federal securities lawsuit alleges that insiders at Grocery Outlet misrepresented or failed to disclose critical information regarding the company's transition to new systems [2] - The lawsuit highlights that Grocery Outlet may not have been adequately prepared to execute the transition effectively, leading to potential setbacks in profitability due to delays and implementation issues [2] Group 2: Shareholder Action - Shareholders who purchased Grocery Outlet stock prior to November 7, 2023, are encouraged to contact Kuehn Law to explore their rights and potential claims [3] - Kuehn Law offers to cover all case costs for investor clients, emphasizing the importance of timely action for shareholders [3]

Core Insights - Grocery Outlet Holding Corp. reported first-quarter 2025 results with net sales slightly below expectations but year-over-year growth, while earnings exceeded estimates and improved from the previous year [1][3][10] Financial Performance - Adjusted earnings were 13 cents per share, surpassing the Zacks Consensus Estimate of 7 cents and increasing 44.4% from 9 cents in the prior year [3] - Net sales reached $1.126 billion, slightly missing the estimate of $1.128 billion, but reflecting an 8.5% year-over-year growth [3] - Gross profit increased by 12.7% to $342.4 million, with gross margin expanding by 110 basis points to 30.4% due to improved inventory management [5] - Adjusted EBITDA rose 31.7% to $51.9 million, with an adjusted EBITDA margin increase of 80 basis points to 4.6% [5] Store Operations - The company opened 10 new stores and closed one, totaling 543 stores across 16 states, with plans for 33-35 net new stores in 2025 [7] - Comparable store sales grew by 0.3%, driven by a 2.3% increase in transactions, although the average transaction size declined by 2% [4] Financial Health - As of the end of the first quarter, the company had cash and cash equivalents of $50.9 million, net long-term debt of $458.9 million, and stockholders' equity of $1.2 billion [8] - Net cash provided by operating activities was $58.9 million, with capital expenditures totaling $57.3 million [8] 2025 Outlook - Management anticipates net sales between $4.7 billion and $4.8 billion, with comparable store sales growth revised to 1-2% [11] - Full-year gross margin is expected to be in the range of 30-30.5%, with adjusted EBITDA projected at $260-$270 million and adjusted earnings per share of 70-75 cents [11] Restructuring Plan - A restructuring plan initiated in late fiscal 2024 aims to enhance long-term profits and cash flow, involving the termination of 28 store leases and cancellation of costly warehouse projects [12] - Total restructuring charges are expected to be between $59 million and $61 million, with a reduction in projected net interest expense to approximately $32 million for fiscal 2025 [13]