Grocery Outlet Holding Corp. (NASDAQ: GO) Investor Alert: Deadline in Lawsuit on May 15, 2026

A deadline is coming up on May 15, 2026 in the lawsuit filed for certain investors of Grocery Outlet Holding Corp. (NASDAQ: GO) over alleged securities laws violations by Grocery Outlet Holding Corp.

Investors who purchased shares of Grocery Outlet Holding Corp. (NASDAQ: GO)
have certain options and there are strict and short deadlines running. Deadline: May 15, 2026. Grocery Outlet Holding Corp. (NASDAQ: GO) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Emeryville, CA based Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Grocery Outlet Holding Corp. (NASDAQ: GO) reported that its annual Total Revenue rose from over $4.37 billion in 2024 to over $4.68 billion in 2025, and that its Net Income of $39.46 million in 2024 turned into a Net Loss of $224.91 million in 2025.

On March 4, 2026, after the market closed, Grocery Outlet Holding Corp. (NASDAQ: GO) announced results for the fourth quarter and full fiscal year 2025, revealing the Company's full year financial results which missed guidance on nearly every major financial metric. The Company reported full year 2025 adjusted EBITDA of $254.3 million (missing prior guidance of $258 at the low end); net sales of $4.69 billion, (missing prior guidance of $4.70 billion at the low end); comparable store sales which increased by 0.5% on a 52-week basis (missing prior guidance of 0.6% to 0.9%), and diluted adjusted earnings per share of $0.76 (missing prior guidance of $0.78 at the low end). Moreover, the Company revealed it was adding an additional "optimization plan" on top of its "restructuring plan," and "reshaping [its] new store growth strategy" including the "closure of 36 financially underperforming stores." Further, the Company also "determined that the long-lived assets of the Closure Stores were impaired, and recognized $110 million of non-cash charges in Impairment of long-lived assets on the condensed consolidated statements of operations and comprehensive income (loss)." Finally, the Company stated that it estimates "between $14 million and $25 million in net total restructuring charges in fiscal 2026, including between $51 million and $63 million of estimated cash expenditures primarily for lease termination fees, and between $11 million and $14 million of bad debt expense, partially offset by net non-cash write-off of right-of-use assets and lease liabilities associated with these leases of between $(48) million and $(52) million."
On the same date, Grocery Outlet Holding Corp. (NASDAQ: GO) held an earnings call in conjunction with releasing fourth quarter 2025 results. During the earnings call, the Company's CEO, Defendant Potter, further revealed that the Company had "made the difficult decision to close 36 locations" in part because "it's clear now that we expanded too quickly, and these closures are a direct correction."

Shares of Grocery Outlet Holding Corp. (NASDAQ: GO) declined from $19.41 per share on August 08, 2025 to as low as $5.66 per share on March 09, 2026.

According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of Grocery Outlet Holding Corp. (NASDAQ: GO) common shares between August 5, 2025 and March 4, 2026, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 5, 2025 and March 4, 2026, the Defendants failed to disclose to investors that the Company had "expanded too quickly" into new stores, that the Company's purportedly strong financial and operational growth was being artificially supported by excessive rapid store expansion, that as a result, the Company was unable to achieve the sustainable growth required to meet its previously set guidance, that the Company's Restructuring Plan would require further Optimization to achieve its operational goals, including significant store closures and asset write-downs, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Grocery Outlet Holding Corp. (NASDAQ: GO) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.