Highest-materiality recent filing
Grocery Outlet Q2 beat outlook but H1 net loss $174.7M on $158M goodwill impairment
Q2 net sales $1.19B (+1.1% YoY), comp store sales -0.3%, gross margin 30.2% vs 30.6%.
Paul Miller returns as EVP, Chief Purchasing and Merchandising Officer effective June 9, 2026; 25+ year veteran.
Grocery Outlet annual meeting re-elects 10 directors; say-on-pay passes with 97.7% support
All 10 director nominees re-elected; Eric J. Lindberg Jr. received 9.6M against votes (11.9%); Jeffrey R. York received 10.8M against (13.3%).
Grocery Outlet posts Q1 net loss of $180M on $1.17B revenue; comp sales down 1%
Net sales $1.17B (+3.6% YoY); comparable store sales declined 1.0%.
Grocery Outlet adds Frances Allen and Felicia Thornton to board, expanding to 12 directors
Board increased from 10 to 12 directors; appointments effective April 1, 2026.
Grocery Outlet Q4 net loss $218M; to close 36 stores in 2026
Q4 net sales $1.22B (+10.7% including 53rd week); comp sales -0.8% on 13-wk basis.
Steve Wilson, EVP and Chief Purchasing Officer, retires effective March 20, 2026, after 31 years at Grocery Outlet.
Grocery Outlet cuts Q4 and FY 2025 outlook; govt shutdown hits EBT sales
November 2025 preliminary comp store sales flat; EBT transactions down ~8.2% due to U.S. government shutdown.
Grocery Outlet Q3 net income drops to $11.6M from $24.2M; comps up 1.2%
Net sales $1.17B (+5.4% YoY); comparable store sales +1.2%.
Grocery Outlet appoints Frank Kerr as EVP, Chief Store Operations Officer
Frank Kerr appointed EVP, Chief Store Operations Officer, effective September 15, 2025.
Grocery Outlet Q2 net sales up 4.5% to $1.18B; adjusted EPS $0.23 vs $0.25 YoY
Net income $5.0M ($0.05 diluted EPS) vs $14.0M ($0.14) last year; includes $11.2M restructuring charges.
Grocery Outlet appoints Kobayashi and Molloy to board; Alterman and Herman to retire Aug. 7
Michael Kobayashi and Chip Molloy appointed as Class I directors effective June 26, 2025, both to serve on Audit and Risk Committee.
Shareholders approved charter amendments: special meeting right (86.56% of outstanding shares) and officer exculpation (75.59%).
Grocery Outlet SVP Accounting Lindsay Gray resigns effective June 2, 2025
Lindsay E. Gray, SVP Accounting, submitted resignation on May 12, 2025.
Grocery Outlet Q1 net loss $23.3M; COO and Chief Stores Officer to depart
Net sales $1.13B (+8.5% YoY); comp store sales +0.3%; gross margin 30.4% vs. 29.3%.
Grocery Outlet Q4 net income drops to $2.3M; announces restructuring plan with $52M-$61M costs
Q4 net sales $1.10B (+10.9%); comps +2.9%; net income $2.3M ($0.02 EPS) vs $14.1M last year.
Grocery Outlet names Jason Potter as President and CEO effective Feb 3, 2025
Jason Potter, former Fresh Market CEO, appointed President and CEO of Grocery Outlet, effective Feb 3, 2025.
Christopher Miller appointed Grocery Outlet CFO, effective Jan 6, 2025
Miller will report to Chairman and Interim CEO Eric Lindberg as EVP and CFO starting Jan 6, 2025.
Q3 net sales +10.4% to $1.11B; comps +1.2%; net income -10.9%; $100M buyback authorized
Net sales $1.11B (+10.4% YoY); comparable store sales +1.2% on 2.0% transaction growth.
RJ Sheedy stepped down as President, CEO and director effective Oct 29, 2024.
Grocery Outlet Q2 net sales up 11.7% to $1.13B, net income falls 42.8%, comps +2.9%
Net sales $1.13B, +11.7% YoY; comparable store sales +2.9% (transactions +5.1%, avg ticket -2.1%).
Grocery Outlet re-elects three Class II directors; say-on-pay passes at annual meeting
Mary Kay Haben re-elected: 88.4M for, 1.9M against; Gail Moody-Byrd: 89.8M for, 0.5M against; Jeffrey York: 78.0M for, 12.3M against.
Grocery Outlet Q1 net loss $1.0M; sales up 7.4% but gross margin down 180bps
Net sales $1.04B (+7.4% YoY); comparable store sales +3.9% (transactions +7.0%, ticket -2.9%).
Grocery Outlet closes $62M acquisition of United Grocery Outlet; adds 40 stores
Acquired United Grocery Outlet for ~$62M in cash, subject to post-closing adjustments.
Grocery Outlet appoints Lindsay Gray interim CFO as Charles Bracher resigns
Charles Bracher resigns as EVP/CFO effective March 1, 2024; signs consulting agreement through Sept 1 at $11k/month.
Grocery Outlet Q4 net sales up 6.3% to $989.8M; net income down 11.2%
Comparable store sales +2.7% driven by 7.5% transaction growth; average transaction size fell 4.5%.
Grocery Outlet to acquire United Grocery Outlet for $62M; expands into Southeast
Cash purchase price ~$62M for 40 discount grocery stores across TN, NC, GA, AL, KY, VA.
Grocery Outlet appoints Ramesh Chikkala as EVP, COO (new role)
Appointment effective Jan 22, 2024; reports to CEO RJ Sheedy; leads Supply Chain and Business Technology.
Grocery Outlet CFO Charles Bracher to resign March 1, 2024; guidance reaffirmed
Charles Bracher steps down as CFO effective March 1, 2024 to pursue another opportunity; no disagreement with company.
Grocery Outlet Q3: Net sales up 9.3%, comp sales +6.4%, EPS $0.27, adjusted EBITDA +20%
Net sales rose 9.3% to $1.00B; comparable store sales increased 6.4% (transactions +8.6%, avg ticket -1.9%).
Grocery Outlet Q2 net sales $1.01B (+12.5%), comp sales up 9.2%; raises FY guidance
Net sales reached $1.01B, a Q2 record and first $1B quarter; comparable store sales +9.2% on 9.1% transaction growth.
Grocery Outlet reports 2023 annual meeting voting results; directors re-elected
Four Class I directors re-elected: Alterman, Bachman, Herman, Ragatz; each received >83M votes for.
Grocery Outlet Q1 net sales +16.1%; raises fiscal 2023 guidance
Net sales $965.5M (+16.1% YoY); comparable store sales +12.1% (transactions +7.9%, ticket +3.9%).
Director Norman S. Matthews to retire June 20, 2023; board reduced to 10
Norman S. Matthews notified Board of retirement effective June 20, 2023, not due to any disagreement.
Grocery Outlet Q4 net sales up 18.9%, comps up 15.1%, net income up 139.3%
Q4 fiscal 2022 net sales increased 18.9% year-over-year.
Grocery Outlet enters $700M senior secured credit facilities, repays prior debt
New credit agreement provides $300M term loan and $400M revolving credit facility, both maturing February 21, 2028.
Grocery Outlet CEO Lindberg to retire; Sheedy appointed; Q3 net sales +19.4% to $918M
CEO Eric Lindberg retires Dec 31, 2022; becomes Chairman; President RJ Sheedy named CEO effective Jan 1, 2023.
Vice Chairman MacGregor Read retires from Grocery Outlet board after ~30 years
S. MacGregor Read, Jr. retired as Vice Chairman and Class II director effective September 1, 2022.
Grocery Outlet Q2 net sales up 15.7%, comp +11.2%; raises FY2022 guidance
Net sales $897.7M, +15.7% YoY; comparable store sales +11.2%.
Grocery Outlet shareholders approve supermajority removal and board declassification
Supermajority Voting Removal Amendment approved with 94.12% of shares outstanding voting in favor.
Grocery Outlet Q1 net sales up 10.5% to $831.4M; comp store sales +5.2%
Net income $11.6M ($0.12 diluted EPS), down 38.7% YoY; adjusted net income $21.5M ($0.22 adjusted EPS), down 7%.
Grocery Outlet adopts majority voting for director elections, lowers amendment threshold to majority
Amended bylaws effective April 6, 2022; majority voting for uncontested director elections begins 2023 annual meeting.
Grocery Outlet Q4 net sales down 3.0% to $782.7M; net income falls 72.6%
Q4 net sales of $782.7M decreased 3.0% YoY (Q4 2020 included 53rd week worth $53.3M).
Director María Fernanda Mejía resigns; board reduced to 11
María Fernanda Mejía resigned as Class III director and Audit & Risk Committee member effective February 2, 2022.
Grocery Outlet names Pamela Burke Chief Stores Officer; Heather Mayo to depart in March 2022
Pamela Burke named Chief Stores Officer effective Jan 1, 2022; previously Chief Administrative Officer and General Counsel.
Grocery Outlet Q3 net sales flat, comps down 4.3%; net income falls 57.7%; $100M buyback authorized
Net sales $768.9M (+0.6% YoY); comparable store sales -4.3% vs +9.1% last year.
Grocery Outlet Q2 net sales $775.5M (-3.5% YoY); comp sales -10.0%; net income $19.6M (-33%)
Comparable store sales fell 10.0% vs +16.7% in Q2 2020; net sales $775.5M, down 3.5%.
the Company announced that the Board of Directors of the Company (the “Board”) appointed Ian Ferry as the Company's Executive Vice President, Chief Financial Officer and Treasurer, effective June 9, 2026
Matthew P. Delly, Executive Vice President, Chief Merchandising & Purchasing Officer, will depart the Company effective June 12, 2026
The Company has promoted Susan Leary as Senior Vice President, Accounting and the Board has designated Ms. Leary as the Company’s Principal Accounting Officer, effective as of June 9, 2026
Christopher M. Miller, Executive Vice President, Chief Financial Officer, will depart the Company effective June 26, 2026
On May 12, 2025, Lindsay E. Gray, Senior Vice President, Accounting of Grocery Outlet Holding Corp. (the "Company"), submitted her resignation, effective June 2, 2025
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.
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.
Jason Potter – Appointment as President and Chief Executive Officer, and Director
On January 17, 2025, the board of directors (the "Board") of Grocery Outlet Holding Corp. (the "Company" or "Grocery Outlet") appointed Jason Potter as President and Chief Executive Officer of the Company, effective February 3, 2025.
On October 29, 2024, the Board appointed Eric J. Lindberg, Jr., 53, as Interim President and Chief Executive Officer, effective immediately.
On October 29, 2024, Robert J. Sheedy, Jr. agreed to step down as the Company’s President and Chief Executive Officer and resign as a member of the Board, effective immediately.
As previously announced, Charles C. Bracher, Executive Vice President and Chief Financial Officer of Grocery Outlet Holding Corp. (the "Company"), notified the Company on December 8, 2023 of his decision to resign from such position, effective March 1, 2024, to pursue another opportunity.
Max materiality 0.90 · Median 0.65 · Most common event earnings