Grocery Outlet to close dozens of ‘underperforming' stores [Yahoo! Finance]
Grocery Outlet Holding Corp. (GO)
Last grocery outlet holding corp. earnings: 3/24 04:05 pm
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Source: Yahoo! Finance
The Emeryville-based discount grocery chain will close 36 underperforming stores after reporting a $218.2 million fourth quarter loss. (Douglas Zimmerman/SFGATE) Grocery Outlet , the Emeryville-based discount grocer with a large Northern California footprint, said it plans to close 36 financially underperforming stores as it tries to improve profitability after reporting a steep quarterly loss. The closures are part of a business "Optimization Plan" adopted by the company's board on Monday and expected to be "substantially completed during fiscal 2026," Grocery Outlet said in a news release Wednesday announcing fourth-quarter and full-year financial results. "We made progress on our strategic priorities in 2025; however, our fourth-quarter results made clear that we have more work to do, and we're moving quickly," Jason Potter, the company's president and chief executive, said in a statement. "At the same time, we're closing underperforming stores, reshaping our new store growth
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News
- Why Grocery Outlet (GO) Shares Are Sliding Today [Yahoo! Finance]Yahoo! Finance
- Shareholder Alert: Ademi LLP Investigates Claims of Securities Fraud against Grocery Outlet Holding Corp.PR Newswire
- INVESTOR ALERT: Investigation of Grocery Outlet Holding Corp. (GO) announced by Holzer & Holzer, LLCGlobeNewswire
- Grocery Outlet (GO) had its price target lowered by DA Davidson from $11.00 to $7.00. They now have a "neutral" rating on the stock.MarketBeat
- Grocery Outlet closing 36 stores in the US. Here's why. [USA TODAY]USA TODAY
GO
Earnings
- 3/4/26 - Beat
GO
Sec Filings
- 3/4/26 - Form S-8
- 3/4/26 - Form 10-K
- 3/4/26 - Form 8-K
- GO's page on the SEC website