INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Grocery Outlet Holding Corp. of Class Action Lawsuit and Upcoming Deadlines - GO

Core Viewpoint - A class action lawsuit has been filed against Grocery Outlet Holding Corp. for alleged securities fraud and unlawful business practices, with a deadline for investors to join the lawsuit by May 15, 2026 [2]. Financial Performance - Grocery Outlet reported its fourth quarter and fiscal year 2025 results, with adjusted EBITDA of $254.3 million, net sales of $4.69 billion, comparable store sales up by 0.5%, and diluted adjusted earnings per share of $0.76, all missing prior guidance [2]. - The company announced an additional "optimization plan" and a restructuring plan, which includes the closure of 36 underperforming stores, leading to a recognition of $110 million in non-cash impairment charges [2]. Market Reaction - Following the announcement of the financial results and store closures, Grocery Outlet's stock price fell by $2.45 per share, or 27.87%, closing at $6.34 per share on March 5, 2026 [2].