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Ongoing Investigation: Grocery Outlet Holding Corp. (GO) May Have Misled Shareholders - Levi & Korsinsky Investigates Ready to Announce with Confidence?

newsfilecorp.com
GO An investigation has been launched into Grocery Outlet Holding Corp. for potential securities law violations. The company narrowed its sales outlook, announced significant store closures, and provided FY2026 guidance below expectations, suggesting potential mismanagement or misleading statements to shareholders.

Ongoing Investigation: Grocery Outlet Holding Corp. (GO) May Have Misled Shareholders - Levi & Korsinsky Investigates Ready to Announce with Confidence? New York, New York--(Newsfile Corp. - March 16, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet Holding Corp.") concerning potential violations of the federal securities laws.

On the Q3 2025 earnings call on November 4, 2025, management narrowed the FY2025 comparable-store sales outlook to 0.6%-0.9%, down from 0.6%-1.2%. Management nevertheless reiterated confidence in the outlook for gross margin, adjusted EBITDA and adjusted EPS.

Months later, the Company announced plans to close 36 under-performing stores, approximately 6% of the Company's total store base - in connection with its March 2026 earnings release. The closure plan had not been referenced during the Q3 2025 earnings call or in the Company's December 3, 2025 Form 8-K, which stated the Company was "not otherwise providing any update regarding its outlook issued on November 4, 2025." The same earnings release also introduced FY2026 guidance significantly below analyst expectations.

If you suffered a loss on your Grocery Outlet Holding Corp. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

jlevi@levikorsinsky.com

Tel: (212)363-7500

Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288645

Source: Levi & Korsinsky, LLP

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