secwatch.observer — SEC 8-K summary
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Issuer:     Grocery Outlet Holding Corp. (GO)
CIK:        0001771515
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001771515-25-000087
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1771515/000177151525000087/0001771515-25-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1771515/000177151525000087/go-20250505.htm
  HTML page:      https://secwatch.observer/filing/0001771515-25-000087

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