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REMINDER: Grocery Outlet Holdings Corp. Investors With Significant Losses Must Act By May 15, 2026

GO
  • Kirby McInerney LLP warns Grocery Outlet Holdings Corp. (NASDAQ: GO) investors of the May 15, 2026 deadline to apply for lead plaintiff status in a pending federal securities class action.
  • The lawsuit covers the class period from August 5, 2025, through March 4, 2026, alleging the company expanded too rapidly, artificially supported growth, missed financial guidance, and required a restructuring plan involving store closures & asset write-downs.
  • On March 4, 2026, Grocery Outlet reported full-year 2025 adjusted EBITDA of $254.3 million, net sales of $4.69 billion, and diluted adjusted EPS of $0.76, all missing prior guidance.
  • The company announced an optimization plan to close 36 underperforming stores, recognized $110 million in non-cash impairment charges, & estimated $14 million to $25 million in total restructuring charges for fiscal 2026.
  • CEO Potter admitted during an earnings call that the store closures were a direct correction to excessive expansion.
  • Following the announcement, Grocery Outlet shares dropped $2.45 per share (approximately 27.9%) from $8.79 on March 4, 2026, to close at $6.34 on March 5, 2026.
  • Investors who suffered losses during the class period may contact Lauren Molinaro at Kirby McInerney LLP via email or the provided contact form at no cost.