March 31, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against GO

Core Viewpoint - Grocery Outlet Holding Corp. has faced significant stock price decline following the announcement of disappointing financial results and lowered guidance for fiscal year 2024, attributed to unforeseen costs related to system transitions and inventory counts [1][2]. Financial Performance - On May 7, 2024, Grocery Outlet reported first-quarter financial results for fiscal 2024 that were significantly below expectations, leading to a reduction in guidance for the second quarter and the full fiscal year 2024 [1]. - The company's stock price dropped to $20.88 per share on May 8, 2024, marking a decline of approximately 19.38% in just one day [1]. 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 participation in the class action is March 31, 2025, with no cost or obligation to participate [2]. Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceitful and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who have suffered losses due to misleading statements or omissions [3].