Grocery Outlet Investors Urged to Seek Lead-Plaintiff Role by May 15 in Securities Suits

Overview

• Plaintiffs’ firms Kirby McInerney and Glancy Prongay Wolke & Rotter are recruiting shareholders to move for lead-plaintiff status by May 15, 2026.
• The proposed class covers investors who bought Grocery Outlet shares between August 5, 2025 and March 4, 2026.
• The complaints say the company grew too fast, propping up reported growth with rapid store openings that left guidance out of reach and led to planned closures and write-downs.
• Grocery Outlet, which reported March 4 that it missed fiscal 2025 guidance, disclosed 36 underperforming store closures and a $110 million non-cash impairment tied to those locations.
• Following those disclosures, shares fell about 27.9% from $8.79 on March 4 to $6.34 on March 5, and the lead plaintiff selected will guide strategy and settlement talks for the class.