Workflow
Grocery Retail
icon
Search documents
Grocery Outlet Announces Winners of Free Groceries for Life Sweepstakes
Globenewswire· 2025-04-28 12:30
Core Points - Grocery Outlet Holding Corp. announced the winners of its "Free Groceries for Life" sweepstakes, with each grand prize valued at $240,000 [1][3] - The sweepstakes ran from January 8 to March 31, and 32 winners were selected, including two grand prize winners [3][4] - The company aims to provide customers with the best deals and shopping experience, as stated by CEO Jason Potter [2] Company Overview - Grocery Outlet is a high-growth, extreme value retailer based in Emeryville, California, with over 530 stores across various states [5] - The company focuses on selling quality, name-brand consumables and fresh products through independently operated stores [5]
Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2025 Earnings Release and Conference Call Date
Globenewswire· 2025-04-22 20:05
EMERYVILLE, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet") today announced that its financial results for the first quarter of fiscal 2025 will be released after the market close on Tuesday, May 6, 2025. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results. Layla Kasha (510) 379-2176 lkasha@cfgo.com Based in Emeryville, California, Grocery Outlet is a high-growth, extreme value retailer of quality, name-brand consuma ...
Natural Grocers® Expands Private Label Line with Non-GMO Peruvian Chips
Prnewswire· 2025-04-04 11:18
Core Insights - Natural Grocers has introduced three varieties of non-GMO Peruvian chips, emphasizing their commitment to high-quality, thoughtfully sourced snacks [1][3][6] - Peru's moratorium on GMOs, in place since 2011 and renewed until 2035, supports biodiversity and cultural traditions, aligning with Natural Grocers' values [1][8] Product Details - The new chip varieties include Sea Salt Sweet Potato Chips, Sea Salt Kettle Potato Chips, and Sea Salt Cassava Chips, all made from non-GMO Peruvian-sourced ingredients [6] - These chips are plant-based, dairy-free, vegan-friendly, kosher, and free from artificial flavorings, additives, preservatives, and synthetic colors [6] Company Overview - Natural Grocers, founded in 1955, specializes in natural and organic groceries, body care products, and dietary supplements, with strict quality guidelines for its products [5] - The company operates 169 stores across 21 states, providing a clean and convenient retail environment while maintaining affordable prices [5][8] - In fiscal year 2024, Natural Grocers invested over $15 million in employee compensation and discretionary payments, reflecting its commitment to its workforce [5]
Natural Grocers® Expands Private-Label Beverage Line with 100% Organic Savory Spritzers
Prnewswire· 2025-04-01 05:59
Core Insights - Natural Grocers has introduced a new line of sparkling beverages called Savory Spritzers, which includes unique flavors inspired by savory foods [2][4] - The company emphasizes the timeless nature of water and its importance in beverage trends, highlighting the historical context of sparkling water's invention [3][4] Product Details - The Savory Spritzers come in four flavors: Onion Water, Roasted Chicken Water, Clam Water, and Mac & Cheese Fizz Water [7] - Each 12 oz can contains only 30 calories, is certified organic, non-GMO, and made with sustainably sourced recycled water [8] - The products are packaged in recyclable aluminum cans, priced at $1.49 each or $8.49 for a 6-pack [8] Company Overview - Natural Grocers, founded in 1955, is a specialty retailer focused on natural and organic groceries, body care products, and dietary supplements [10] - The company operates 169 stores across 21 states and adheres to strict quality guidelines, ensuring no artificial flavors, preservatives, or sweeteners are included in its products [10] - Natural Grocers is committed to community and crew welfare, having invested over $15 million in employee compensation in fiscal year 2024 [10]
GO Deadline in 1 Day: Kessler Topaz Meltzer & Check, LLP Reminds Grocery Outlet Holding Corp. (GO) Investors of Filing Deadline in Class Action Lawsuit
GlobeNewswire News Room· 2025-03-30 15:56
If you suffered Grocery Outlet losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/grocery-outlet-holding-corp?utm_campaign=go&mktm=r You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com. DEFENDANTS' ALLEGED MISCONDUCT: The Class Period begins on November 7, 2023, when Defendants conducted an earnings call corresponding to their third quarter fiscal year 2023 results. During the call, Defendants ...
Giftify, Inc.'s CardCash Platform Offers Relief on Grocery Bills as Egg Prices Soar in 2025
Newsfilter· 2025-03-18 12:30
Core Insights - Giftify, Inc. is leveraging its gift card marketplace to help consumers manage rising food costs, particularly due to record-high egg prices and inflation in the grocery and restaurant sectors [1][2][4] Group 1: Company Overview - Giftify, Inc. operates CardCash.com and Restaurant.com, focusing on the incentives and rewards industry [6] - CardCash.com is a leading secondary gift card exchange platform, allowing consumers to buy and sell gift cards [6] - Restaurant.com is the largest restaurant-focused digital deals brand in the U.S., offering thousands of dining, retail, and entertainment deals [6] Group 2: Market Conditions - The average price for a dozen eggs reached $4.95 in January, with forecasts predicting a 41% increase this year due to supply chain disruptions from a bird flu outbreak [3] - The bird flu led to the culling of 18.8 million hens in January, significantly impacting egg supply and prices [3] - Rising food costs are also attributed to increased tariffs, labor shortages, and transportation costs, creating a challenging environment for consumers [4] Group 3: Consumer Solutions - Discounted gift cards provide immediate savings for consumers on groceries and dining, helping to offset rising prices [2][5] - CardCash.com offers discounts at major grocery retailers like Giant Foods, Kroger, and Trader Joe's, as well as popular restaurants such as IHOP and Olive Garden [4] - The platform aims to alleviate financial strain on households by providing practical tools for cost reduction during periods of food inflation [5]
Giftify, Inc.’s CardCash Platform Offers Relief on Grocery Bills as Egg Prices Soar in 2025
Globenewswire· 2025-03-18 12:30
Core Insights - Giftify, Inc. is leveraging its gift card marketplace to help consumers manage rising food costs, particularly due to record-high egg prices and overall inflation in grocery and restaurant sectors [1][2][4] Industry Overview - The average price for a dozen eggs reached $4.95 in January, with forecasts suggesting a potential increase of over 41% this year due to supply chain disruptions caused by a bird flu outbreak that led to the culling of 18.8 million hens [3] - Restaurants are responding to increased ingredient costs by adjusting their menus, with chains like Waffle House and Denny's implementing surcharges on egg-based dishes [3][4] Company Strategy - Giftify's CardCash.com offers discounted gift cards for major grocery retailers and popular restaurants, providing consumers with immediate savings to offset rising food prices [4][5] - The platform includes discounts for grocery stores such as Giant Foods, Kroger, and Trader Joe's, as well as dining options at restaurants like IHOP, Texas Roadhouse, and Olive Garden [4][5] Consumer Impact - Discounted gift cards are positioned as a practical tool for consumers to reduce food expenses during a period of inflation, allowing them to maintain their shopping and dining habits without significant changes [4][5]
Shareholders that lost money on Grocery Outlet Holding Corp.(GO) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2025-03-13 09:45
Core Viewpoint - Grocery Outlet Holding Corp. has faced significant stock price decline following 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 first quarter financial results for fiscal 2024 on May 7, 2024, which were significantly below expectations [1] - The company reduced its guidance for the second quarter and the full fiscal year 2024 due to unforeseen systems transition costs and residual expenses from its commission support program [1] Group 2: Stock Price Impact - Following the announcement of poor financial results and lowered guidance, Grocery Outlet's stock price fell to $20.88 per share on May 8, 2024, marking a decline of approximately 19.38% in one day [1] Group 3: 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 in a class action lawsuit [1][2] - The deadline for shareholders to register for the class action and seek lead plaintiff status is March 31, 2025 [2]
Natural Grocers® Makes a Splash with New Private-Label Whole-Shell Organic Mussels
Prnewswire· 2025-03-06 12:27
Core Insights - Natural Grocers has introduced Organic Mussels to its frozen seafood line, emphasizing convenience and quality for consumers [1][2] - The company highlights its commitment to sustainability and traceability in sourcing, ensuring high standards in the production process [3] Company Overview - Natural Grocers by Vitamin Cottage, Inc. was founded in 1955 and operates 169 stores across 21 states, focusing on natural and organic groceries, body care products, and dietary supplements [5] - The company adheres to strict quality guidelines, ensuring products are free from artificial ingredients and only sell USDA-certified organic produce [5] Product Attributes - The Organic Mussels are rope-grown in Chile, certified organic, non-GMO, and sustainably harvested, with no artificial flavorings or preservatives [7] - Each 16 oz packet of Organic Mussels is priced at $4.99 and is marketed as high in protein and low in fat [7] Recent Developments - Since its launch in 2016, the Natural Grocers Brand has expanded to over 800 products, with recent additions including Organic Coconut Water and upcoming varieties of Natural Grocers Brand Chips [5]
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Grocery Outlet
Prnewswire· 2025-03-05 16:10
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 affecting the company's performance and profitability [2][4]. 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]. - A federal securities class action has been filed against Grocery Outlet, with a deadline of March 31, 2025, for investors to seek the role of lead plaintiff [2]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. Group 2: Company Performance Issues - The complaint alleges that Grocery Outlet and its executives disseminated materially false and misleading statements regarding the company's transition to new systems, failing to disclose potential setbacks to profitability [4]. - On May 7, 2024, Grocery Outlet reported Q1 2024 earnings that fell below expectations and subsequently lowered its guidance for the year, attributing the decrease to disruptions from new technology implementations [5]. - Following the 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].