Source-grounded facts extracted from Grocery Outlet Holding Corp.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Susan Leary changed role as Senior Vice President, Accounting and Principal Accounting Officer at Grocery Outlet Holding Corp..
“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”
Ian Ferry was appointed as Executive Vice President, Chief Financial Officer and Treasurer at Grocery Outlet Holding Corp..
“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 departed as Executive Vice President, Chief Merchandising & Purchasing Officer at Grocery Outlet Holding Corp..
“Matthew P. Delly, Executive Vice President, Chief Merchandising & Purchasing Officer, will depart the Company effective June 12, 2026”
Christopher M. Miller departed as Executive Vice President, Chief Financial Officer at Grocery Outlet Holding Corp..
“Christopher M. Miller, Executive Vice President, Chief Financial Officer, will depart the Company effective June 26, 2026”
Shareholder Votes
Grocery Outlet Holding Corp. shareholders approved Non-binding advisory vote on frequency of future advisory votes on executive compensation at the 2026-06-01 meeting.
“4. The stockholders approved a non-binding advisory resolution to hold future advisory votes on the compensation of the Company’s named executive officers every year. Stockholders had the option of recommending an advisory vote every year, every two years, or every three years or abstaining from making a recommendation. Each option received the number of votes set forth below. One Year Two Years Three Years Abstain Broker Non-Vote 80,293,428 12,814 734,033 65,654 7,386,601”
Shareholder Votes
Grocery Outlet Holding Corp. shareholders approved Non-binding advisory resolution on compensation of named executive officers at the 2026-06-01 meeting.
“3. The non-binding advisory resolution on the compensation of the Company’s named executive officers for the fiscal year ended January 3, 2026 was approved by stockholders. The voting results were as follows: For Against Abstain Broker Non-Vote 79,042,800 1,842,674 220,455 7,386,601”
Shareholder Votes
Grocery Outlet Holding Corp. shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm at the 2026-06-01 meeting.
“2. The ratification of the appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending January 2, 2027 was approved by stockholders. The voting results were as follows: For Against Abstain 88,142,042 158,385 192,103”
Shareholder Votes
Grocery Outlet Holding Corp. shareholders approved Election of ten directors at the 2026-06-01 meeting.
“1. Each of the following ten directors were re-elected to the Company's Board of Directors, to serve until the Company's 2027 annual meeting of stockholders or until their respective successors have been duly elected and qualified, or until such director’s earlier resignation, retirement or other termination of service. Each director received the number of votes set forth below. Name For Against Abstain Broker Non-Vote Frances L. Allen 80,439,794 434,267 231,868 7,386,601 John "Jeb" E. Bachman 80,151,617 727,576 226,736 7,386,601 Mary Kay Haben 76,889,676 3,985,086 231,167 7,386,601 Carey F. Jaros 79,949,819 924,420 231,690 7,386,601 Michael K. Kobayashi 80,285,000 594,493 226,436 7,386,601 Eric J. Lindberg, Jr. 71,285,585 9,598,222 222,122 7,386,601 Lawrence "Chip" P. Molloy 80,205,199 668,999 231,731 7,386,601 Jason Potter 80,330,367 572,989 202,573 7,386,601 Felicia D. Thornton 80,448,816 425,807 231,306 7,386,601 Jeffrey R. York 70,124,702 10,773,593 207,634 7,386,601”
Earnings Releases
Grocery Outlet Holding Corp. reported first quarter of fiscal 2026 ended April 4, 2026 results: revenue $1.17 billion, net income Net loss was $180.3 million, or $(1.83) per diluted share, EPS $(1.83) per diluted share.
“for the first quarter of fiscal 2026 ended April 4, 2026. Highlights for First Quarter Fiscal 2026 as compared to First Quarter Fiscal 2025: • Net sales increased by 3.6% to $1.17 billion. • Comparable store sales declined by 1.0%. • Gross margin was 29.6% compared to 30.4% last year, a decline of 80 basis points, including a 50 basis point impact from inventory”
Earnings Releases
Grocery Outlet Holding Corp. reported the fiscal quarter and fiscal year ended January 3, 2026 results: revenue $1.22 billion, net income Net loss was $218.2 million, EPS $(2.22) per diluted share.
“long-term profitability and increase cash flow generation. Highlights for Fourth Quarter Fiscal 2025 as compared to Fourth Quarter Fiscal 2024: • Net sales increased by 10.7% to $1.22 billion, which includes $82.4 million from the 53rd week. • Comparable store sales declined by 0.8% on a 13-week basis. • Gross margin was 29.7% compared to 29.5% last year. • Operating”
Restructurings & Charges
Grocery Outlet Holding Corp. announced a restructuring with charges of between $14 million and $25 million affecting 36 financially underperforming stores; one distribution center facility.
“The Company estimates that it will incur between $14 million and $25 million in net total restructuring charges in fiscal 2026 related to the Optimization Plan approved in the first quarter of fiscal 2026.”
Governance Changes
Grocery Outlet Holding Corp.: Amended and restated bylaws to implement procedural safeguards for stockholder special meeting requests, including ownership thresholds, disclosure requirements, and other conforming changes (effective 2025-06-03).
“on June 3, 2025, the Board amended and restated the bylaws of the Company (as so amended and restated, the “Amended Bylaws”), effective immediately”
Governance Changes
Grocery Outlet Holding Corp.: Amended Restated Certificate of Incorporation to provide stockholders the right to call special meetings and permit officer exculpation consistent with DGCL changes (effective 2025-06-04).
“to: (a) provide the Company’s stockholders with the right to call a special meeting of the stockholders as provided in the bylaws of the Company and (b) permit the exculpation of officers consistent with changes to the Delaware General Corporation Law”
Lindsay E. Gray resigned as Senior Vice President, Accounting at Grocery Outlet Holding Corp..
“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”
Pamela B. Burke departed as Executive Vice President, Chief Stores Officer at Grocery Outlet Holding Corp..
“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.”
Ramesh Chikkala departed as Executive Vice President, Chief Operations Officer at Grocery Outlet Holding Corp..
“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.”
Restructurings & Charges
Grocery Outlet Holding Corp. announced a restructuring with charges of between $52 million and $61 million affecting corporate (Grocery Outlet) (approximately 40 full-time employees).
“expected to be substantially completed by the first half of fiscal 2025. The Company currently estimates that it will incur total costs under the Restructuring Plan of between $52 million and $61 million, of which between $36 million and $45 million are expected to be cash expenditures. The Restructuring Plan includes the activities set forth below. • The Company”
Jason Potter was appointed as Director at Grocery Outlet Holding Corp..
“Jason Potter – Appointment as President and Chief Executive Officer, and Director”
Jason Potter was appointed as President and Chief Executive Officer at Grocery Outlet Holding Corp..
“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.”
Eric J. Lindberg, Jr. was appointed as Interim President and Chief Executive Officer at Grocery Outlet Holding Corp..
“On October 29, 2024, the Board appointed Eric J. Lindberg, Jr., 53, as Interim President and Chief Executive Officer, effective immediately.”
Robert J. Sheedy, Jr. departed as President and Chief Executive Officer at Grocery Outlet Holding Corp..
“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.”
Earnings Releases
Grocery Outlet Holding Corp. reported the first quarter of fiscal 2024 ended March 30, 2024 results: revenue $1.04 billion, net income $(0.01) per share, EPS $(0.01) per share. Guidance reaffirmed.
“for the first quarter of fiscal 2024 ended March 30, 2024. Highlights for First Quarter Fiscal 2024 as compared to First Quarter Fiscal 2023: • Net sales increased by 7.4% to $1.04 billion. • Comparable store sales increased by 3.9%, driven by a 7.0% increase in the number of transactions, partially offset by a 2.9% decrease in average transaction size. • The”
Lindsay E. Gray was appointed as Interim Chief Financial Officer at Grocery Outlet Holding Corp..
“On February 29, 2024, the board of directors of the Company (the "Board") appointed Lindsay E. Gray as Interim Chief Financial Officer of the Company, effective March 1, 2024”
Charles C. Bracher resigned as Executive Vice President and Chief Financial Officer at Grocery Outlet Holding Corp..
“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.”
Earnings Releases
Grocery Outlet Holding Corp. reported full fiscal year 2023 ended December 30, 2023 results: revenue $4 billion. Guidance initiated.
“During 2023, we increased our market share, achieved record sales of $4 billion, and grew Adjusted EBITDA by 18%,”
Earnings Releases
Grocery Outlet Holding Corp. reported the fourth quarter ended December 30, 2023 results: revenue $989.8 million, net income $14.1 million, EPS $0.14 per diluted share. Guidance initiated.
“quarter and full fiscal year 2023 ended December 30, 2023. Highlights for Fourth Quarter Fiscal 2023 as compared to Fourth Quarter Fiscal 2022: • Net sal es increased by 6.3% to $989.8 million. • Comparable store sale s increased by 2.7%, driven by a 7.5% increase in the number of transactions, partially offset by a 4.5% decrease in average transaction size. • Gross”
Material Agreements
Grocery Outlet Holding Corp. entered into Stock Purchase Agreement with BBGO Acquisition, Inc., specified beneficial owners, and Southvest Fund VII, L.P. valued at approximately $62 million in cash (effective 2024-02-14).
“On February 14, 2024, Grocery Outlet Inc., a California corporation (the "Buyer"), a wholly owned subsidiary of Grocery Outlet Holding Corp. (the "Company" or "Grocery Outlet"), entered into a Stock Purchase Agreement (the "Purchase Agreement") with BBGO Acquisition, Inc., a Delaware corporation ("Holdings"), specified parties therein that beneficially own Holdings (the "Sellers"), and Southvest Fund VII, L.P., a Delaware limited partnership (the "Sellers' Representative", and together with the Sellers, the "Seller Parties" and, together with Holdings and the Buyer, the "Parties") to acquire all of the issued and outstanding capital stock of Holdings for approximately $62 million in cash, subject to customary purchase price adjustments (the "Transaction").”
Ramesh Chikkala was appointed as Executive Vice President and Chief Operations Officer at Grocery Outlet Holding Corp..
“On January 25, 2024, Grocery Outlet Holding Corp. (the "Company" or "Grocery Outlet") issued a press release announcing the appointment of Ramesh Chikkala as the Company's Executive Vice President and Chief Operations Officer, effective January 22, 2024.”
Charles C. Bracher resigned as Executive Vice President and Chief Financial Officer at Grocery Outlet Holding Corp..
“On December 8, 2023, Charles C. Bracher, Executive Vice President and Chief Financial Officer of Grocery Outlet Holding Corp. (the "Company"), submitted his resignation, effective March 1, 2024 (the "Effective Date").”
Earnings Releases
Grocery Outlet Holding Corp. reported the third quarter of fiscal 2023 ended September 30, 2023 results: revenue Net sales increased by 9.3% to $1.00 billion, net income Net income increased 55.1% to $27.1 million, or $0.27 per diluted share, EPS $0.27 per diluted share.
“forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Grocery Outlet Holding Corp. Announces Third Quarter Fiscal 2023 Financial Results Net sales increased 9.3% Comparable store sales increased 6.4% GAAP net income increased 55.1% with diluted EPS of $0.27 Adjusted EBITDA (1) increased 20.0% to $68.1 million Company updates key guidance”
Earnings Releases
Grocery Outlet Holding Corp. reported the second quarter of fiscal 2023 ended July 1, 2023 results: revenue $1.01 billion, net income $24.5 million, or $0.24 per diluted share. Guidance raised.
“for the second quarter of fiscal 2023 ended July 1, 2023. Highlights for Second Quarter Fiscal 2023 as compared to Second Quarter Fiscal 2022: • Net sales increased by 12.5% to $1.01 billion. • Comparable store sales increased by 9.2%, driven by a 9.1% increase in the number of transactions while average transaction size was flat. • The Company opened four new stores”
Shareholder Votes
Grocery Outlet Holding Corp. shareholders approved Non-binding advisory resolution on the Company’s named executive officer compensation for the fiscal year ended December 31, 2022 at the 2023-06-20 meeting.
“3. The non-binding advisory resolution on the Company’s named executive officer compensation for the fiscal year ended December 31, 2022 was approved by the following votes: For Against Abstain Broker Non-Vote 79,580,682 12,092,594 99,237 2,208,037”
Shareholder Votes
Grocery Outlet Holding Corp. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 30, 2023 at the 2023-06-20 meeting.
“2. The ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 30, 2023 was approved by the following votes: For Against Abstain 93,713,960 168,337 98,253”
Shareholder Votes
Grocery Outlet Holding Corp. shareholders approved Election of Class I directors at the 2023-06-20 meeting.
“1. Each of the following four directors were re-elected to the Company's Board of Directors as Class I directors, to serve until the Company's annual meeting of stockholders in 2026 or until their respective successors are elected and qualified. Each director received the number of votes set forth below. Name For Against Abstain Broker Non-Vote Kenneth W. Alterman 90,014,935 1,658,173 99,405 2,208,037 John E. Bachman 90,594,216 1,079,136 99,161 2,208,037 Thomas F. Herman 83,297,284 8,377,220 98,009 2,208,037 Erik D. Ragatz 84,399,554 7,275,584 97,375 2,208,037”
Earnings Releases
Grocery Outlet Holding Corp. reported first quarter of fiscal 2023 ended April 1, 2023 results: revenue Net sales increased by 16.1% to $965.5 million, net income Net income increased 18.5% to $13.7 million, EPS $0.14 per diluted share. Guidance raised.
“Grocery Outlet Holding Corp. Announces First Quarter Fiscal 2023 Financial Results Q1 fiscal 2023 net sales increased 16.1% Comparable store sales grew 12.1% driven by a 7.9% increase in transactions GAAP net income increased 18.5% with diluted EPS of $0.14 Adjusted EBITDA (1) increased 36.9%, up 100 basis points as a percentage of net sales Company raises guidance for fiscal 2023”
Norman S. Matthews departed as Director (Class III member of the Board) at Grocery Outlet Holding Corp..
“On April 25, 2023, Norman S. Matthews provided notice to the board of directors (the "Board") of Grocery Outlet Holding Corp. (the "Company") of his decision, effective June 20, 2023, to retire as a Class III member of the Board and as a member of the Compensation Committee and the Nominating and Corporate Governance Committee of the Board.”
Earnings Releases
Grocery Outlet Holding Corp. reported financial results for the fiscal quarter and fiscal year ended December 31, 2022.
“On February 28, 2023, Grocery Outlet Holding Corp. (the "Company") announced its financial results for the fiscal quarter and fiscal year ended December 31, 2022.”
Debt Financings
Grocery Outlet Holding Corp. incurred revolving credit of $400.0 million with Bank of America, N.A. (as administrative agent) maturing February 21, 2028.
“(ii) a senior secured revolving credit facility (the “revolving credit facility” and, together with the term loan facility, the “credit facilities”) in an aggregate principal amount of $400.0 million”
Debt Financings
Grocery Outlet Holding Corp. incurred term loan of $300.0 million with Bank of America, N.A. (as administrative agent) maturing February 21, 2028.
“The Credit Agreement provides for senior secured credit facilities consisting of (i) a senior secured term loan facility (the “term loan facility”) in an aggregate principal amount of $300.0 million”
Material Agreements
Grocery Outlet Holding Corp. entered into Credit Agreement with Bank of America, N.A., as administrative agent and collateral agent, Bank of America, N.A., JPMorgan Chase Bank, N.A. and Wells Fargo Securities, LLC, as joint lead arrangers and joint bookrunners, and the other parties party thereto valued at $300.0 million term loan facility and $400.0 million revolving credit facility (effective 2023-02-21).
“On February 21, 2023, Grocery Outlet Holding Corp. (the “Borrower” or the “Company”), entered into a credit agreement with Bank of America, N.A., as administrative agent and collateral agent, Bank of America, N.A., JPMorgan Chase Bank, N.A. and Wells Fargo Securities, LLC, as joint lead arrangers and joint bookrunners, and the other parties party thereto (the “Credit Agreement”).”
Earnings Releases
Grocery Outlet Holding Corp. reported the fiscal quarter ended October 1, 2022 results: revenue $918.2 million, net income $17.5 million. Guidance raised.
“third quarter of fiscal 2022 ended October 1, 2022. Highlights for the Third Quarter Fiscal 2022 as compared to the Third Quarter Fiscal 2021: • Net sales increased by 19.4% to $918.2 million. • Comparable store sales increased by 15.4% and on a 3-year stacked basis increased by 20.2% (1) . • The Company opened six new stores, ending the quarter with 431 stores in”
Robert Joseph Sheedy, Jr. was appointed as President and Chief Executive Officer at Grocery Outlet Holding Corp..
“On November 2, 2022, the Board appointed Robert Joseph Sheedy, Jr. as President and Chief Executive Officer of the Company, effective January 1, 2023.”
Eric J. Lindberg, Jr. changed role as Chief Executive Officer at Grocery Outlet Holding Corp..
“On November 2, 2022, Eric J. Lindberg, Jr. provided notice to the Company's board of directors (the "Board") of his decision, effective December 31, 2022, to retire as Chief Executive Officer of the Company.”
S. MacGregor Read, Jr. retired as Vice Chairman at Grocery Outlet Holding Corp..
“On August 31, 2022, S. MacGregor Read, Jr. provided notice to the board of directors (the "Board") of Grocery Outlet Holding Corp. (the "Company") of his decision, effective September 1, 2022, to retire as Vice Chairman and a Class II member of the Board.”
María Fernanda Mejía resigned as Class III member of the Board of Directors at Grocery Outlet Holding Corp..
“On January 28, 2022, María Fernanda Mejía informed Grocery Outlet Holding Corp. (the “Company”) of her decision, effective February 2, 2022, to resign as a Class III member of the Board of Directors of the Company (the “Board”) and the Audit and Risk Committee of the Board, effective immediately (the “Mejía Resignation”).”
Heather Mayo departed as Chief Sales & Merchandising Officer - East at Grocery Outlet Holding Corp..
“On December 13, 2021, Grocery Outlet, Inc., a California corporation (“Grocery Outlet”), and a wholly owned subsidiary of Grocery Outlet Holding Corp., a Delaware corporation (the “Company”), entered into a transition, separation agreement and general release of all claims (the “Separation Agreement”) with Heather Mayo, Chief Sales & Merchandising Officer - East.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.