Grocery Outlet Holding Corp. (NASDAQ: GO) Securities Fraud Class Action

The Grocery Outlet Holding Corp. class action lawsuit was filed on behalf of those who purchased or otherwise acquired Grocery Outlet Holding Corp. (“Grocery Outlet”) (NASDAQ: GO) securities between August 5, 2025 and March 4, 2026, inclusive (the “Class Period”). Captioned Jones v. Grocery Outlet Holding Corp., No. 26-cv-02291 (N.D. Cal.), the Grocery Outlet class action lawsuit alleges that Grocery Outlet and/or certain of its officers and/or directors violated federal securities laws by making false or misleading statements and/or omitted to disclose material information.

If you lost money as a result of your Grocery Outlet investment and want to find out more about this action and your rights, fill out the form on this page or contact attorney Jonathan Naji, Esq. of KTMC by calling (484) 270-1453 or via e-mail at [email protected]. 

COMPLAINT ALLEGATION SUMMARY:
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) Grocery Outlet had “expanded too quickly” into new stores; (2) Grocery Outlet’s purportedly strong financial and operational growth was being artificially supported by excessive rapid store expansion; (3) as a result, Grocery Outlet was unable to achieve the sustainable growth required to meet its previously set guidance; (4) Grocery Outlet’s restructuring plan would require further optimization to achieve its operational goals, including significant store closures and asset write-downs; and (5) as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHY DID GROCERY OUTLET’S STOCK DROP?
On March 4, 2026, after the market closed, Grocery Outlet announced its financial results for the fourth quarter and full fiscal year 2025 and revealed that the company’s full year results missed guidance on nearly every major financial metric.  Grocery Outlet also revealed the company was adding an additional “optimization plan” on top of its “restructuring plan,” and “reshaping [its] new store growth strategy”, including the “closure of 36 financially underperforming stores.”  On the corresponding earnings call held that same day addressing the poor results, Grocery Outlet’s CEO noted that the company had “made the difficult decision to close 36 locations” in part because “it’s clear now that we expanded too quickly, and these closures are a direct correction.”

On this news, Grocery Outlet’s stock price fell $2.45 per share, or 27.9%, to close at $6.34 per share on March 5, 2026.

If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected]. If you would like additional information about the suit, please click on the link “Submit Your Information” above and fill out the form as promptly as possible.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs’ Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.