{"success":true,"data":{"pressRelease":{"id":"14088","rtpr_id":"nACSdSqDga","ticker":"GO","exchange":"NASDAQ","all_tickers":["GO"],"title":"Pomerantz LLP Reminds Shareholders: Securities Lawsuit Has Been Filed Against Grocery Outlet Holding Corp.  – GO","author":"ACCESSWIRE","published_at":"2026-04-30T00:00:03.220Z","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / April\n29, 2026 / Pomerantz LLP announces that a class action lawsuit has been filed\nagainst Grocery Outlet Holding Corp. (\"Grocery Outlet\" or the \"Company\")\n(NASDAQ:GO).   Such investors are advised to contact Danielle Peyton at\nnewaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980.\nThose who inquire by e-mail are encouraged to include their mailing address,\ntelephone number, and the number of shares purchased.\n\nThe class action concerns whether Grocery Outlet and certain of its officers\nand/or directors have engaged in securities fraud or other unlawful business\npractices.\n\nYou have until May 15, 2026, to ask the Court to appoint you as Lead Plaintiff\nfor the class if you purchased or otherwise acquired Grocery Outlet securities\nduring the Class Period. A copy of the Complaint can be obtained at\nwww.pomerantzlaw.com.        \n\n[Click here for information about joining the class action]\n(https://pomlaw.com/learn-more-form?company=GO)\n\nOn March 4, 2026, Grocery Outlet reported its fourth quarter and fiscal year\n2025 financial results. Among other items, Grocery Outlet reported full year\n2025 adjusted EBITDA of $254.3 million (missing prior guidance of $258 at the\nlow end); net sales of $4.69 billion, (missing prior guidance of $4.70 billion\nat the low end); comparable store sales which increased by 0.5% on a 52-week\nbasis (missing prior guidance of 0.6% to 0.9%); and diluted adjusted earnings\nper share of $0.76 (missing prior guidance of $0.78 at the low end). Moreover,\nthe Company revealed it was adding an additional \"optimization plan\" on top of\nits \"restructuring plan,\" and \"reshaping [its] new store growth strategy\"\nincluding the \"closure of 36 financially underperforming stores.\" Further,\nGrocery Outlet also \"determined that the long-lived assets of the Closure\nStores were impaired, and recognized $110 million of non-cash charges in\nImpairment of long-lived assets on the condensed consolidated statements of\noperations and comprehensive income (loss).\" Finally, the Company said that it\nestimates \"between $14 million and $25 million in net total restructuring\ncharges in fiscal 2026, including between $51 million and $63 million of\nestimated cash expenditures primarily for lease termination fees, and between\n$11 million and $14 million of bad debt expense, partially offset by net\nnon-cash write-off of right-of-use assets and lease liabilities associated\nwith these leases of between $(48) million and $(52) million.\" During an\nearnings call on the same day, Grocery Outlet's CEO further revealed that the\nCompany had \"made the difficult decision to close 36 locations\" in part\nbecause \"it's clear now that we expanded too quickly and these closures are a\ndirect correlation.\"\n\nOn this news, Grocery Outlet's stock price fell $2.45 per share, or 27.87%, to\nclose at $6.34 per share on March 5, 2026.\n\nPomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris,\nand Tel Aviv, is acknowledged as one of the premier firms in the areas of\ncorporate, securities, and antitrust class litigation. Founded by the late\nAbraham L. Pomerantz, known as the dean of the class action bar, Pomerantz\npioneered the field of securities class actions. Today, more than 85 years\nlater, Pomerantz continues in the tradition he established, fighting for the\nrights of the victims of securities fraud, breaches of fiduciary duty, and\ncorporate misconduct. The Firm has recovered numerous multimillion-dollar\ndamages awards on behalf of class members. See www.pomlaw.com.\n\nAttorney advertising.  Prior results do not guarantee similar outcomes.\n\nSOURCE: Pomerantz LLP\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/pomerantz-llp-reminds-shareholders-securities-lawsuit-has-been-f-1149426)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSdSqDga","title":"Pomerantz LLP Reminds Shareholders: Securities Lawsuit Has Been Filed Against Grocery Outlet Holding Corp.  – GO","author":"ACCESSWIRE","ticker":"GO","created":"2026-04-30T00:00:03.220Z","tickers":["GO"],"exchange":"NASDAQ","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / April\n29, 2026 / Pomerantz LLP announces that a class action lawsuit has been filed\nagainst Grocery Outlet Holding Corp. (\"Grocery Outlet\" or the \"Company\")\n(NASDAQ:GO).   Such investors are advised to contact Danielle Peyton at\nnewaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980.\nThose who inquire by e-mail are encouraged to include their mailing address,\ntelephone number, and the number of shares purchased.\n\nThe class action concerns whether Grocery Outlet and certain of its officers\nand/or directors have engaged in securities fraud or other unlawful business\npractices.\n\nYou have until May 15, 2026, to ask the Court to appoint you as Lead Plaintiff\nfor the class if you purchased or otherwise acquired Grocery Outlet securities\nduring the Class Period. A copy of the Complaint can be obtained at\nwww.pomerantzlaw.com.        \n\n[Click here for information about joining the class action]\n(https://pomlaw.com/learn-more-form?company=GO)\n\nOn March 4, 2026, Grocery Outlet reported its fourth quarter and fiscal year\n2025 financial results. Among other items, Grocery Outlet reported full year\n2025 adjusted EBITDA of $254.3 million (missing prior guidance of $258 at the\nlow end); net sales of $4.69 billion, (missing prior guidance of $4.70 billion\nat the low end); comparable store sales which increased by 0.5% on a 52-week\nbasis (missing prior guidance of 0.6% to 0.9%); and diluted adjusted earnings\nper share of $0.76 (missing prior guidance of $0.78 at the low end). Moreover,\nthe Company revealed it was adding an additional \"optimization plan\" on top of\nits \"restructuring plan,\" and \"reshaping [its] new store growth strategy\"\nincluding the \"closure of 36 financially underperforming stores.\" Further,\nGrocery Outlet also \"determined that the long-lived assets of the Closure\nStores were impaired, and recognized $110 million of non-cash charges in\nImpairment of long-lived assets on the condensed consolidated statements of\noperations and comprehensive income (loss).\" Finally, the Company said that it\nestimates \"between $14 million and $25 million in net total restructuring\ncharges in fiscal 2026, including between $51 million and $63 million of\nestimated cash expenditures primarily for lease termination fees, and between\n$11 million and $14 million of bad debt expense, partially offset by net\nnon-cash write-off of right-of-use assets and lease liabilities associated\nwith these leases of between $(48) million and $(52) million.\" During an\nearnings call on the same day, Grocery Outlet's CEO further revealed that the\nCompany had \"made the difficult decision to close 36 locations\" in part\nbecause \"it's clear now that we expanded too quickly and these closures are a\ndirect correlation.\"\n\nOn this news, Grocery Outlet's stock price fell $2.45 per share, or 27.87%, to\nclose at $6.34 per share on March 5, 2026.\n\nPomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris,\nand Tel Aviv, is acknowledged as one of the premier firms in the areas of\ncorporate, securities, and antitrust class litigation. Founded by the late\nAbraham L. Pomerantz, known as the dean of the class action bar, Pomerantz\npioneered the field of securities class actions. Today, more than 85 years\nlater, Pomerantz continues in the tradition he established, fighting for the\nrights of the victims of securities fraud, breaches of fiduciary duty, and\ncorporate misconduct. The Firm has recovered numerous multimillion-dollar\ndamages awards on behalf of class members. See www.pomlaw.com.\n\nAttorney advertising.  Prior results do not guarantee similar outcomes.\n\nSOURCE: Pomerantz LLP\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/pomerantz-llp-reminds-shareholders-securities-lawsuit-has-been-f-1149426)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-04-30T00:00:03.268724838Z","server_sent_at_ms":1777507203268},"received_at":"2026-04-30T00:00:03.321Z","source_url":"https://www.accessnewswire.com/newsroom/en/business-and-professional-services/pomerantz-llp-reminds-shareholders-securities-lawsuit-has-been-f-1149426"},"analysis":{"id":"10949","press_release_id":"14088","analysis_json":{"industry":{"label":"Food, Beverage & Tobacco","sector":"Consumer Staples"},"redFlags":["missed FY2025 guidance across all major metrics (EBITDA, sales, comp sales, EPS)","CEO admitted company expanded too quickly","36 store closures announced with $110M impairment charges","stock dropped 27.87% on earnings news"],"eventType":"legal_litigation","narrative":"Pomerantz LLP filed a class action lawsuit against Grocery Outlet Holding Corp. alleging securities fraud following a significant earnings miss and strategic pivot.\n\nThe company missed FY2025 guidance on adjusted EBITDA, net sales, comparable store sales, and EPS, while revealing plans to close 36 underperforming stores and take $110 million in impairment charges.\n\nGrocery Outlet's stock price fell 27.87% to $6.34 on March 5, 2026, after the CEO admitted the company had expanded too quickly.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Securities lawsuit filed after earnings miss and CEO admission of over-expansion trigger 28% single-day drop."},"keyFigures":{"eps":0.76,"revenue":"$4.69 billion","guidance":"FY2025 adjusted EBITDA $254.3M (missed $258M), sales $4.69B (missed $4.70B), comp sales 0.5% (missed 0.6-0.9%), EPS $0.76 (missed $0.78)"},"quotedText":"it's clear now that we expanded too quickly and these closures are a direct correlation.","namedEntities":{"people":[{"name":"Danielle Peyton","role":"Contact"}],"products":[],"companies":[{"name":"Grocery Outlet Holding Corp.","ticker":"GO"},{"name":"Pomerantz LLP","relationship":"law firm"}],"dollarAmounts":[{"amount":"$254.3 million","context":"full year 2025 adjusted EBITDA"},{"amount":"$4.69 billion","context":"net sales"},{"amount":"$0.76","context":"diluted adjusted earnings per share"},{"amount":"$110 million","context":"non-cash charges in Impairment of long-lived assets"},{"amount":"$14 million and $25 million","context":"estimated net total restructuring charges in fiscal 2026"},{"amount":"$51 million and $63 million","context":"estimated cash expenditures for lease termination fees"},{"amount":"$11 million and $14 million","context":"bad debt expense"},{"amount":"$(48) million and $(52) million","context":"net non-cash write-off of right-of-use assets"},{"amount":"$2.45 per share","context":"stock price drop"},{"amount":"$6.34 per share","context":"closing stock price on March 5, 2026"}]},"materialImpact":{"score":4,"reasoning":"A class action lawsuit alleging securities fraud has been filed, citing a significant 27.87% stock drop following missed FY2025 guidance and major store closures. The financial misses and the admission of over-expansion are material negative events."},"tickerRelevance":{"others":[],"primary":"GO"},"globalImportance":30,"audienceRelevance":45,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"class action lawsuit + >20% stock drop","sectorWeight":"consumer staples retail","marketCapAdjustment":0}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"bearish","material_impact_score":4,"narrative":"Pomerantz LLP filed a class action lawsuit against Grocery Outlet Holding Corp. alleging securities fraud following a significant earnings miss and strategic pivot.\n\nThe company missed FY2025 guidance on adjusted EBITDA, net sales, comparable store sales, and EPS, while revealing plans to close 36 underperforming stores and take $110 million in impairment charges.\n\nGrocery Outlet's stock price fell 27.87% to $6.34 on March 5, 2026, after the CEO admitted the company had expanded too quickly.","key_figures":{"eps":0.76,"revenue":"$4.69 billion","guidance":"FY2025 adjusted EBITDA $254.3M (missed $258M), sales $4.69B (missed $4.70B), comp sales 0.5% (missed 0.6-0.9%), EPS $0.76 (missed $0.78)"},"named_entities":{"people":[{"name":"Danielle Peyton","role":"Contact"}],"products":[],"companies":[{"name":"Grocery Outlet Holding Corp.","ticker":"GO"},{"name":"Pomerantz LLP","relationship":"law firm"}],"dollarAmounts":[{"amount":"$254.3 million","context":"full year 2025 adjusted EBITDA"},{"amount":"$4.69 billion","context":"net sales"},{"amount":"$0.76","context":"diluted adjusted earnings per share"},{"amount":"$110 million","context":"non-cash charges in Impairment of long-lived assets"},{"amount":"$14 million and $25 million","context":"estimated net total restructuring charges in fiscal 2026"},{"amount":"$51 million and $63 million","context":"estimated cash expenditures for lease termination fees"},{"amount":"$11 million and $14 million","context":"bad debt expense"},{"amount":"$(48) million and $(52) million","context":"net non-cash write-off of right-of-use assets"},{"amount":"$2.45 per share","context":"stock price drop"},{"amount":"$6.34 per share","context":"closing stock price on March 5, 2026"}]},"model_name":"glm-4.7","prompt_hash":"sha256:1fc968c3ac7f7ebb","schema_hash":"sha256:1f8af1196c7db48c","created_at":"2026-04-30T02:17:18.890Z","global_importance":30,"audience_relevance":45,"importance_components":{"tickerTier":"mid-cap","eventGravity":"class action lawsuit + >20% stock drop","sectorWeight":"consumer staples retail","marketCapAdjustment":0}},"durationMs":39721,"modelName":"glm-4.7"}}