Grocery Outlet Resets Growth Strategy Under New CEO

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. ...