store closures

11 articles
The Motley FoolThe Motley Fool··Eric Volkman

Grocery Outlet CEO's $1.7M Share Purchase Ignites 11% Stock Rally

Grocery Outlet CEO buys $1.7M in stock, doubling stake as company faces comparable sales decline and launches 36-store closure plan.
GOcomparable sales declineinsider buying
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Grocery Outlet Faces Securities Fraud Class Action Over False Growth Claims

Class action lawsuit filed against Grocery Outlet alleging securities fraud, false financial statements, and unsustainable expansion. Lead plaintiff deadline set for May 15, 2026.
GOsecurities fraudclass action lawsuit
BenzingaBenzinga··Law Offices Of Howard G. Smith

Grocery Outlet Stock Plummets as Fraud Lawsuit Claims Missed Guidance, $110M Impairment

Grocery Outlet ($GO) faces securities fraud lawsuit after missing Q4 guidance on major metrics and closing 36 stores due to overexpansion, resulting in $110M impairment charges.
GOsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Pomerantz Llp

Grocery Outlet Stock Plummets 28% After Earnings Miss; Class Action Lawsuit Filed

Grocery Outlet faces 28% stock plunge, $110M impairment charge, and class action lawsuit following March earnings miss and 36-store closures.
GOsecurities fraudclass action lawsuit
BenzingaBenzinga··Law Offices Of Frank R. Cruz

Grocery Outlet Hit With Securities Fraud Suit Over Missed Guidance, Store Closures

$GO faces class action lawsuit alleging false statements after missing guidance, closing 36 stores, and suffering 27.9% stock decline.
GOsecurities fraudclass action lawsuit
BenzingaBenzinga··Glancy Prongay Wolke & Rotter Llp

Grocery Outlet Hit With Securities Fraud Suit After 28% Plunge on Missed Guidance

Glancy Prongay law firm files class action against Grocery Outlet ($GO) alleging materially false statements about financial performance and undisclosed rapid expansion problems.
GOsecurities fraudclass action lawsuit
BenzingaBenzinga··Business Wire

Grocery Outlet Stock Plummets 28% on Overexpansion Crisis; Securities Probe Launched

Grocery Outlet ($GO) faces securities fraud investigation after announcing 36 store closures due to overexpansion, triggering 27.9% stock collapse to $6.34.
GOsecurities fraudstock decline
BenzingaBenzinga··Business Wire

Grocery Outlet Stock Plummets 28% on Store Closure Announcement; Fraud Investigation Launched

Grocery Outlet ($GO) stock plunged 27.9% after announcing 36 store closures due to overexpansion, triggering a securities fraud investigation and shareholder litigation.
GOstock declineclass action
The Motley FoolThe Motley Fool··Eric Volkman

Grocery Outlet Stock Crashes 33% on Weak Guidance and Store Closures

Grocery Outlet stock crashed 33% after Q4 results missed estimates and management slashed 2026 guidance, citing federal benefit delays and intensifying competition.
GOstock declinecomparable sales decline
The Motley FoolThe Motley Fool··Joe Tenebruso

Grocery Outlet Stock Plummets 28% on Massive Loss and Gloomy 2026 Outlook

Grocery Outlet stock crashed 28% after posting $234.8M operating loss and guiding for flat-to-negative 2026 sales amid store closures and intensifying competition.
GOrestructuringconsumer pressure
BenzingaBenzinga··Globe Newswire

Sportsman's Warehouse Posts First Positive Sales Growth Since 2020

$SPWH reports FY2025 net sales of $1.21B with 1.0% same-store sales growth, first increase since 2020. Inventory down 8.5% amid store optimization efforts.
SPWHturnaround strategysame-store sales growth