Grocery Outlet Q1 net loss $23.3M; COO and Chief Stores Officer to depart

Grocery Outlet Holding Corp.

2025-Q1 EPS reported -$0.24 revenue$1,125,567,000

Net sales $1.13B (+8.5% YoY); comp store sales +0.3%; gross margin 30.4% vs. 29.3%.
Net loss $23.3M ($(0.24) diluted EPS) vs. net loss $1.0M last year; adjusted EPS $0.13.
Operating loss $22.5M includes $33.9M restructuring charges; adjusted EBITDA $51.9M (+31.7%).
EVP COO Ramesh Chikkala to depart ~June 6, 2025; EVP Chief Stores Officer Pamela Burke ~Oct 6, 2025.
Both executives receive separation benefits per Executive Severance Plan.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Pamela B. Burke

Executive Vice President, Chief Stores Officer

GO · Grocery Outlet Holding Corp.

Effective: 2025-10-06
Filed: May 6, 2025, 7:59 PM ET

On May 5, 2025, the Company and each of the following named executive officers agreed upon a departure from the Company: (i) Ramesh Chikkala, Executive Vice President, Chief Operations Officer, on or around June 6, 2025; and (ii) Pamela B. Burke, Executive Vice President, Chief Stores Officer, on or around October 6, 2025.

Departed

Ramesh Chikkala

Executive Vice President, Chief Operations Officer

GO · Grocery Outlet Holding Corp.

Effective: 2025-06-06
Filed: May 6, 2025, 7:59 PM ET

On May 5, 2025, the Company and each of the following named executive officers agreed upon a departure from the Company: (i) Ramesh Chikkala, Executive Vice President, Chief Operations Officer, on or around June 6, 2025; and (ii) Pamela B. Burke, Executive Vice President, Chief Stores Officer, on or around October 6, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Pamela B. Burke departed as Executive Vice President, Chief Stores Officer at Grocery Outlet Holding Corp..

Action: will depart
Role: Executive Vice President, Chief Stores Officer

Exact text from the filing

On May 5, 2025, the Company and each of the following named executive officers agreed upon a departure from the Company: (i) Ramesh Chikkala, Executive Vice President, Chief Operations Officer, on or around June 6, 2025; and (ii) Pamela B. Burke, Executive Vice President, Chief Stores Officer, on or around October 6, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ramesh Chikkala departed as Executive Vice President, Chief Operations Officer at Grocery Outlet Holding Corp..

Action: will depart
Role: Executive Vice President, Chief Operations Officer

Exact text from the filing

On May 5, 2025, the Company and each of the following named executive officers agreed upon a departure from the Company: (i) Ramesh Chikkala, Executive Vice President, Chief Operations Officer, on or around June 6, 2025; and (ii) Pamela B. Burke, Executive Vice President, Chief Stores Officer, on or around October 6, 2025.

View on SEC.gov

Grocery Outlet Holding Corp. filing history →

Source: SEC EDGAR

accession 0001771515-25-000087

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