{"success":true,"data":{"pressRelease":{"id":"30593","rtpr_id":"nACSCDxkGa","ticker":"GO","exchange":"NASDAQ","all_tickers":["GO"],"title":"Pomerantz LLP Notifies Investors of Class Action Filing Against Grocery Outlet Holding Corp.  – GO","author":"ACCESSWIRE","published_at":"2026-05-11T22:00:01.526Z","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / May\n11, 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-notifies-investors-of-class-action-filing-against-1149435)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSCDxkGa","title":"Pomerantz LLP Notifies Investors of Class Action Filing Against Grocery Outlet Holding Corp.  – GO","author":"ACCESSWIRE","ticker":"GO","created":"2026-05-11T22:00:01.526Z","tickers":["GO"],"exchange":"NASDAQ","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / May\n11, 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-notifies-investors-of-class-action-filing-against-1149435)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-05-11T22:00:01.553068771Z","server_sent_at_ms":1778536801553},"received_at":"2026-05-11T22:00:01.624Z","source_url":"https://www.accessnewswire.com/newsroom/en/business-and-professional-services/pomerantz-llp-notifies-investors-of-class-action-filing-against-1149435"},"analysis":{"id":"22664","press_release_id":"30593","analysis_json":{"industry":null,"redFlags":[],"eventType":"legal_litigation","narrative":"Pomerantz LLP issued a shareholder-solicitation notice naming Grocery Outlet Holding Corp. 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(NASDAQ: GO); no new disclosure from the company itself.\n\nThe release is a routine lead-plaintiff-deadline reminder soliciting investors with losses to contact the firm on a contingency basis.\n\nThis is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.","key_figures":{},"named_entities":{"people":[],"products":[],"companies":[{"name":"Pomerantz LLP","relationship":"plaintiff law firm"},{"name":"Grocery Outlet Holding Corp.","ticker":"GO","relationship":"target"}],"dollarAmounts":[]},"model_name":"Qwen/Qwen2.5-72B-Instruct-AWQ","prompt_hash":"sha256:a76fb3b19e8e8b7b","schema_hash":"sha256:8658c370b800cf3d","created_at":"2026-05-12T01:30:58.128Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":129188,"modelName":"george-droid-qwen-72b"}}