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. ...

Core Viewpoint - A class action securities lawsuit has been filed against Grocery Outlet Holding Corp. due to alleged securities fraud affecting investors between November 7, 2023, and May 7, 2024 [1] Group 1: Lawsuit Details - The lawsuit aims to recover losses for Grocery Outlet investors who were negatively impacted by the company's financial disclosures and guidance reductions [1] - On May 7, 2024, Grocery Outlet reported first-quarter fiscal 2024 results that were significantly below expectations and lowered its guidance for the second quarter and the full fiscal year 2024 [2] - The company cited "unforeseen systems transition costs" and "residual expense from our commission support program" as reasons for the disappointing results [2] - 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 [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until March 31, 2025, to request to be appointed as lead plaintiff in the lawsuit [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive experience in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]

Core Insights - Dickey's Retail Company is expanding its product availability by introducing its renowned sausages in over 400 Grocery Outlet locations across the U.S. starting March 2025 [1][2][4] - The expansion aims to make premium quality products more accessible to a broader audience, reflecting the company's commitment to high-quality offerings [2][3] - The collaboration with Grocery Outlet enhances the distribution network and emphasizes the company's focus on innovation and community support [3][4] Company Overview - Dickey's Barbecue Restaurants, Inc. was founded in 1941 and is recognized as the world's largest barbecue concept, operating as a third-generation family-run business [5][6] - The company has over 866 restaurants across various concepts in the U.S. and internationally, under the leadership of Roland Dickey, Jr. and Laura Rea Dickey [6] - Dickey's has received multiple accolades, including recognition on Newsweek's "America's Favorite Restaurant Chains" list and ranking in the Top 20 of Fast Casual's "Top 100 Movers and Shakers" [7]

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 ...