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Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Grocery Outlet Holding Corp.(GO) Shareholders
Prnewswire· 2025-03-07 10:46
NEW YORK, March 7, 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-outl ...
GO Deadline Approaching on March 31, 2025: Kessler Topaz Meltzer & Check, LLP Reminds Grocery Outlet Holding Corp. (GO) Investors of Class Action Lawsuit Deadline
GlobeNewswire News Room· 2025-03-06 17:51
RADNOR, Pa., March 06, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California 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 Marc ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of March 31, 2025 in Grocery Outlet Lawsuit - GO
Prnewswire· 2025-03-06 10:45
NEW YORK, March 6, 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=134042&from=4CLASS PERIOD: ...
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Grocery Outlet
Prnewswire· 2025-03-05 16:10
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Grocery Outlet To Contact Him Directly To Discuss Their OptionsIf you purchase securities in Grocery Outlet between November 7, 2023 and May 7, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, March 5, 2025 /PRNewswire/ -- Faruqi & Faruqi, ...
Levi & Korsinsky Notifies Grocery Outlet Holding Corp. Investors of a Class Action Lawsuit and Upcoming Deadline - GO
Prnewswire· 2025-03-04 10:45
NEW YORK, March 4, 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-outl ...
The Gross Law Firm Notifies Shareholders of Grocery Outlet Holding Corp.(GO) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-03-03 10:45
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 ...
GO Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Grocery Outlet Holding Corp. (GO)
Prnewswire· 2025-03-02 16:46
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 Resets Growth Strategy Under New CEO
The Motley Fool· 2025-02-28 14:12
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. ...
Grocery Outlet Holding Corp. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - GO
Prnewswire· 2025-02-28 10:45
NEW YORK, Feb. 28, 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-outl ...
Grocery Outlet(GO) - 2024 Q4 - Annual Report
2025-02-26 21:03
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 ...