Core Viewpoint - Grocery Outlet Holding Corp. announced disappointing financial results for Q1 of fiscal 2024 and significantly lowered its guidance for Q2 and the full fiscal year 2024, leading to a sharp decline in its stock price [1]. Financial Performance - The company reported financial results that were significantly below expectations for Q1 of fiscal 2024 [1]. - On May 7, 2024, Grocery Outlet reduced its guidance for Q2 and the full fiscal year 2024 due to unforeseen systems transition costs and residual expenses from its commission support program [1]. - Following the announcement, the stock price dropped to $20.88 per share on May 8, 2024, marking a decline of approximately 19.38% in one day [1]. Legal Action - Shareholders who purchased shares during the class period from November 7, 2023, to May 7, 2024, are encouraged to contact the Gross Law Firm regarding potential lead plaintiff appointment [1][2]. - The deadline for shareholders to register for the class action is March 31, 2025, and there is no cost or obligation to participate [2]. Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Grocery Outlet Holding Corp. securities between November 7, 2023, and May 7, 2024, of the March 31, 2025, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Grocery Outlet securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 31, 2025 [3]. - The lawsuit alleges that during the Class Period, Grocery Outlet made misleading statements about its transition to new systems, which concealed potential setbacks affecting profitability [5]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, as many firms may not have the necessary experience or resources [4]. - The firm has a history of significant recoveries for investors, including over $438 million in 2019 alone, and has been recognized for its performance in securities class action settlements [4].

LOS ANGELES, March 21, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Grocery Outlet Holding Corp. ("Grocery Outlet" or "the Company") (NASDAQ: GO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between November 7, 2023 and May 7, 2024, inclusive (the "Cla ...

NEW YORK, March 20, 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=137066&from=4CLASS PERIOD: ...

Core Viewpoint - A class action lawsuit has been filed against Grocery Outlet Holding Corp. for alleged violations of securities laws, specifically related to misleading statements about its system transition and its impact on sales and margins [1][4]. Group 1: Lawsuit Details - The lawsuit is based on claims that Grocery Outlet made false and misleading statements regarding the potential negative impacts of its system transition, despite indications of implementation errors [4]. - The class period for the lawsuit is defined as between November 7, 2023, and May 7, 2024, during which investors are encouraged to participate if they suffered losses [2]. Group 2: Investor Information - Investors who purchased Grocery Outlet securities during the class period are urged to contact the Schall Law Firm before March 31, 2025, to discuss their rights [2][3]. - The class has not yet been certified, meaning that until certification occurs, affected investors are not represented by an attorney [3].

NEW YORK, March 18, 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-out ...

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][5]. Group 1: Allegations and Impact - The lawsuit claims that during the earnings call on November 7, 2023, Grocery Outlet's management misled investors about the reliability of information regarding the Systems Transition and downplayed potential financial risks [3][4]. - On May 7, 2024, the company reported first quarter results that revealed a larger-than-expected negative impact from the Systems Transition, leading to a stock price drop from $25.90 to $20.88, a decline of approximately 19.38% in one day [5]. Group 2: Legal Process - Investors affected by Grocery Outlet's stock performance can seek to be appointed as lead plaintiffs by March 31, 2025, through Kessler Topaz Meltzer & Check, LLP, or may choose to remain absent class members [6]. - The lead plaintiff will represent the interests of all class members and select legal counsel for the case [6]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering significant amounts for victims of corporate misconduct [7].

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) -- 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=136044&from=3  CLAS ...

Core Viewpoint - Grocery Outlet Holding Corp. has faced significant stock price decline following the announcement of disappointing financial results and lowered guidance for fiscal year 2024, attributed to unforeseen costs related to system transitions and inventory counts [1]. Group 1: Financial Performance - Grocery Outlet announced its financial results for Q1 of fiscal 2024 on May 7, 2024, which were significantly below expectations [1]. - The company reduced its guidance for Q2 and the full fiscal year 2024 due to unforeseen systems transition costs and residual expenses from its commission support program [1]. - Following the announcement, Grocery Outlet's stock price dropped to $20.88 per share on May 8, 2024, marking a decline of approximately 19.38% in one day [1]. Group 2: Legal Action - Shareholders who purchased shares during the class period from November 7, 2023, to May 7, 2024, are encouraged to contact the Gross Law Firm regarding potential lead plaintiff appointment [1][2]. - The deadline for shareholders to register for the class action and seek lead plaintiff status is March 31, 2025 [2]. - Participation in the case incurs no cost or obligation for shareholders, and they will receive updates through portfolio monitoring software [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Grocery Outlet Holding Corp due to allegations of violations of federal securities laws related to misleading statements and undisclosed issues regarding the company's transition to new systems [4][5]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Grocery Outlet between November 7, 2023, and May 7, 2024, to discuss their legal rights [1]. - There is a deadline of March 31, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Grocery Outlet [2]. Group 2: Financial Performance - Grocery Outlet reported Q1 2024 earnings that significantly fell below expectations and subsequently lowered its guidance for the year, attributing the decrease to disruptions from new technology implementations and commission support [5]. - Following the disappointing earnings report, Grocery Outlet's stock price dropped by $5.02 per share, approximately 19.38%, closing at $20.88 per share on May 8, 2024 [6]. Group 3: Company Background - Faruqi & Faruqi, LLP has recovered hundreds of millions of dollars for investors since its founding in 1995 and has offices in New York, Pennsylvania, California, and Georgia [3].