Grocery Outlet Holding Corp is a discount grocery retailer that specializes in providing customers with a wide range of products at reduced prices
The company operates a network of stores that offer a diverse selection of brand-name groceries, fresh produce, and household items, often sourced from surplus inventory and overstock. Grocery Outlet focuses on delivering value to its shoppers by featuring primarily off-brand and closeout products, allowing consumers to save money while still enjoying quality goods. Through its unique business model, the company aims to create an enjoyable shopping experience while maximizing savings for budget-conscious customers.
RADNOR, PA - March 3, 2025 (NEWMEDIAWIRE) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Grocery Outlet Holding Corp. (“Grocery Outlet”) (NASDAQGO) 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 March 31, 2025.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Grocery Outlet To Contact Him Directly To Discuss Their Options
RADNOR, PA - March 1, 2025 (NEWMEDIAWIRE) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Grocery Outlet Holding Corp. (“Grocery Outlet”) (NASDAQGO) 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 March 31, 2025.
The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Grocery Outlet Holding Corp. (“Grocery Outlet” or the “Company”) (NASDAQGO) securities during the period from November 7, 2023, through May 7, 2024 (“the Class Period”). Investors have until March 31, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit.
RADNOR, PA - February 27, 2025 (NEWMEDIAWIRE) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Grocery Outlet Holding Corp. (“Grocery Outlet”) (NASDAQGO) 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 March 31, 2025.
Shares of discount grocery store chain Grocery Outlet (NASDAQGO)
fell 29.3% in the afternoon session after the company reported weak fourth-quarter results: its EPS, EBITDA, and full-year guidance for both metrics missed. Revenue narrowly topped Wall Street estimates. However, gross margin contracted due to higher inventory shrinkage from system conversion issues.
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Discount grocery store chain Grocery Outlet (NASDAQGO) announced better-than-expected revenue in Q4 CY2024, with sales up 10.9% year on year to $1.10 billion. The company expects the full year’s revenue to be around $4.75 billion, close to analysts’ estimates. Its non-GAAP profit of $0.15 per share was 10.3% below analysts’ consensus estimates.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Grocery Outlet To Contact Him Directly To Discuss Their Options
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NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Grocery Outlet Holding Corp. (NASDAQGO), Target Corp. NYSE:TGTNYSETGT)(NASDAQ: MPWRNASDAQMPWR, and ICON Public Limited Company (NASDAQ: ICLRNASDAQ). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
