Highest-materiality recent filing
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 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.
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 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 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 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.
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.
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
Max materiality 0.90 · Median 0.65 · Most common event earnings