NEW YORK, March 3, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Grocery Outlet Holding Corp. (NASDAQ: GO).Shareholders who purchased shares of GO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE: https://securitiesclasslaw.com/securities/grocery-outlet-holding-corp-loss-submission-form/?id=132962&from=4 CLASS PERIOD ...

Core Viewpoint - A securities class action lawsuit has been filed against Grocery Outlet Holding Corp. for alleged misconduct during the Class Period from November 7, 2023, to May 7, 2024, following significant stock price declines due to undisclosed issues related to a systems transition [1][4]. Summary by Sections Allegations of Misconduct - The lawsuit claims that during the Class Period, Grocery Outlet's management misled investors regarding the reliability of information about the Systems Transition, which began in August 2023 and was expected to be completed by the end of 2023 [2][3]. - Defendants allegedly downplayed the risks associated with potential setbacks from the Systems Transition, creating a false sense of security among investors [3]. Impact on Stock Price - On May 7, 2024, Grocery Outlet reported first quarter fiscal year 2024 results that revealed a larger-than-expected negative impact from the Systems Transition, along with disappointing guidance for the second quarter [4]. - Following this announcement, Grocery Outlet's stock price plummeted from $25.90 per share to $20.88 per share, marking a decline of approximately 19.38% in just one day [4]. Lead Plaintiff Process - Investors who suffered losses during the Class Period can seek to be appointed as lead plaintiffs by March 31, 2025, or may choose to remain absent class members [5]. - The lead plaintiff will represent the interests of all class members and select legal counsel for the case [5]. Legal Representation - Kessler Topaz Meltzer & Check, LLP is encouraging affected investors to contact them for more information regarding the lawsuit [6].

Grocery Outlet (GO 7.64%) held its fourth-quarter 2024 earnings call on February 25, 2025, introducing new leadership and outlining strategic shifts to improve execution and profitability. The stock was down as much as 30% following earnings. The company reported comparable-tore sales growth of 2.9% while announcing plans to moderate store expansion and optimize operations.New Leadership Team Brings Retail and Systems ExpertiseThe company has assembled a new executive team to address operational challenges. ...

NEW YORK, Feb. 28, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Grocery Outlet Holding Corp. ("Grocery Outlet" or the "Company") (NASDAQ: GO) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Grocery Outlet investors who were adversely affected by alleged securities fraud between November 7, 2023 and May 7, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/grocery-outl ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38950 Grocery Outlet Holding Corp. (Exact name of registrant as specified in its charter) Securities registered pursuant to Section ...

Grocery Outlet Holding Corp. (GO) reported fourth-quarter 2024 results, wherein the top line exceeded the Zacks Consensus Estimate and increased year over year. Meanwhile, the bottom line fell short of the Zacks Consensus Estimate and declined from the year-ago quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company’s net sales growth in the fourth quarter was driven by a strong increase in comparable store sales (comps), exceeding expectations. Key value metrics and stron ...

Grocery Outlet Holding Corp. (NASDAQ:GO) Q4 2024 Earnings Conference Call February 25, 2025 4:30 PM ET Company Participants Christine Chen - Head of Investor Relations Eric Lindberg - Chairman of the Board Jason Potter - President and Chief Executive Officer Chris Miller - Chief Financial Officer Dorian Bertsch - SVP of Strategy and Finance Conference Call Participants Krisztina Katai - Deutsche Bank Anthony Bonadio - Wells Fargo Robert Ohmes - Bank of America Tom Nass - TD Cowen Mark Carden - UBS John H ...

For the quarter ended December 2024, Grocery Outlet Holding Corp. (GO) reported revenue of $1.1 billion, up 10.9% over the same period last year. EPS came in at $0.15, compared to $0.18 in the year-ago quarter.The reported revenue represents a surprise of +1.10% over the Zacks Consensus Estimate of $1.09 billion. With the consensus EPS estimate being $0.17, the EPS surprise was -11.76%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

RADNOR, Pa., Feb. 25, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Grocery Outlet Holding Corp. ("Grocery Outlet") (NASDAQ: GO)  on behalf of those who purchased or acquired Grocery Outlet securities between November 7, 2023, and May 7, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is March 31, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:     If you suffered Groc ...

Grocery Outlet Holding Corp. (GO) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.76%. A quarter ago, it was expected that this supermarket company selling discount, overstocked and closeout products would post earnings of $0.27 per share when it actually produced earnings of $0.2 ...