Important Information for Investors: Rosen Law Firm Reminds Purchasers of Grocery Outlet Holding Corp. Securities of Potential Class Action Lawsuit
New York, NY, March 14, 2025 – The Rosen Law Firm, a global investor rights law firm, alerts purchasers of Grocery Outlet Holding Corp. (NASDAQ: GO) securities between November 7, 2023 and May 7, 2024, both dates inclusive (the “Class Period”), of the important March 31, 2025 lead plaintiff deadline. The lawsuit seeks to recover damages for Grocery Outlet Holding Corp. investors under the Securities Exchange Act of 1934.
Background
Grocery Outlet Holding Corp. is a North American retailer of food and household essentials, operating under the “Grocery Outlet” and “Marché Remarké” banners. The Company operates a unique business model, which includes acquiring inventory from various suppliers and distributors at a discount and selling it to customers at deeply discounted prices.
Allegations
The complaint alleges that the defendants made false and/or misleading statements and/or failed to disclose that:
- Grocery Outlet Holding Corp. was experiencing declining sales and same-store sales due to increased competition and changing consumer preferences;
- The Company’s cost of goods sold was increasing due to inflation and supply chain disruptions;
- The Company’s gross margins were being negatively impacted by these factors;
- The Company’s financial results for the fourth quarter of 2023 and full year 2024 would be adversely affected;
Impact on Individual Investors
If you purchased Grocery Outlet Holding Corp. securities during the Class Period, you may be entitled to compensation without having to file a separate lawsuit. The lead plaintiff deadline is an important date for investors as it marks the last day to seek appointment as the lead plaintiff in the lawsuit. The lead plaintiff is usually the investor with the largest financial investment and who intends to actively participate in the litigation. If you wish to join the action, you must contact the Rosen Law Firm before the lead plaintiff deadline.
Impact on the World
The potential class action lawsuit against Grocery Outlet Holding Corp. highlights the challenges facing the retail industry as a whole. With changing consumer preferences and increased competition, retailers are under pressure to adapt and deliver strong financial results. The lawsuit also underscores the importance of transparency and accurate financial reporting for publicly traded companies.
Conclusion
The Rosen Law Firm encourages investors who purchased Grocery Outlet Holding Corp. securities during the Class Period to contact the firm before the lead plaintiff deadline in order to discuss their potential legal rights. The firm represents investors from around the world, and has a proven track record of success in securities class action litigation. For more information, please visit
This notice is neither a solicitation nor an offer of legal services. The Rosen Law Firm is not acting as legal counsel for any other class in the securities litigation.
The Rosen Law Firm is a leading global investor rights law firm, dedicated to representing investors in securities class actions and other litigation. The Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. The firm has been Ranked in the Top 40 of all securities litigation firms in the world by Institutional Shareholder Services (ISS) and has recovered billions of dollars for investors.
