Fundz

Grocery Outlet

Emeryville, California, United States · E Commerce, Fashion, Food and Beverage

Grocery Outlet Inc. is the leading extreme value retailer in the United States, serving bargain seeking customers since 1946. Publicly held, Grocery Outlet employs 1000 people across the US. Headquartered in Emeryville, California, Grocery Outlet has been family oriented for over 75 years and has a rich history of putting customers and employees first.

Key facts

Headquarters
Emeryville, California, United States
Employees
1,925
Industries
E Commerce, Fashion, Food and Beverage
Status
Public (GO)
Website
www.groceryoutlet.com
LinkedIn
Company page

Recent activity at Grocery Outlet

  • : SEC 8-K (5.02): On June 9, 2026, Grocery Outlet Holding Corp. announced the departure of Christopher M. Miller, Executive Vice President and Chief Financial Officer, effective June 26, 2026, and Matthew P. Delly, Executive Vice President and Chief Merchandising & Purchasing Officer, effective June 12, 2026. Both will serve in non-executive capacities until their departure and receive separation benefits per the Company's Executive Severance Plan. Concurrently, Ian Ferry was appointed Executive Vice President, Chief Financial Officer and Treasurer, effective June 9, 2026, with an annual salary of $475,000, a target bonus of 60%, and potential equity grants valued at 200% of his base salary. This leadership change may impact the Company's financial strategy and operations significantly, given the roles involved.
  • : SEC 8-K (5.02): On April 1, 2026, Grocery Outlet Holding Corp. appointed Frances L. Allen and Felicia D. Thornton as new directors, increasing the size of the Board from ten to twelve members. Both directors will serve terms expiring at the Company's 2026 annual meeting of stockholders, following the declassification of the Board. Ms. Allen has extensive experience in the consumer food industry and previously held leadership roles in several fast-casual brands, while Ms. Thornton brings over 30 years of expertise in corporate finance and governance. Their appointments are strategic moves to enhance the Board’s independent oversight and governance capabilities, as both individuals qualify as independent directors under Nasdaq requirements.
  • : SEC 8-K (5.02): On April 1, 2026, Grocery Outlet Holding Corp.'s Board of Directors increased the Board size from ten to twelve members and appointed Frances L. Allen and Felicia D. Thornton as new directors. Both appointments are effective immediately and will serve terms that expire at the Company's 2026 annual meeting of stockholders, aligning with the planned declassification of the Board. Mss. Allen and Thornton are recognized as independent directors according to Nasdaq's requirements, bringing significant experience in consumer and food industry leadership. This strategic addition could enhance the Board's governance and oversight capabilities.
  • : SEC 8-K (2.05): On March 2, 2026, the Company's Board of Directors adopted a business optimization plan aimed at enhancing long-term profitability by closing 36 underperforming stores and terminating related operator agreements and leases. This decision follows a strategic review conducted in the first quarter of fiscal 2026, leading to anticipated non-cash impairment charges of $110 million. The plan is projected to incur total restructuring charges between $14 million and $25 million in fiscal 2026, which includes costs for lease termination and operator agreement terminations. Additionally, gross profit for fiscal 2026 may face a decrease of $4 million to $6 million due to necessary sales discounts as inventory is liquidated.
  • : SEC 8-K (5.02): On January 13, 2026, Grocery Outlet Holding Corp. announced the departure of Steven K. Wilson, Executive Vice President and Chief Purchasing Officer, who will leave the Company effective March 20, 2026. Mr. Wilson is entitled to receive separation benefits in accordance with the Company's Executive Severance Plan, the details of which are outlined in the proxy statement filed on April 17, 2025. This leadership change may impact the procurement strategies and future operational performances of the Company as they seek to fill this key position before Mr. Wilson's departure.
  • : SEC 8-K (5.02): On January 13, 2026, Grocery Outlet Holding Corp. announced the departure of Steven K. Wilson, the Executive Vice President and Chief Purchasing Officer, effective March 20, 2026. Mr. Wilson is set to receive separation benefits as delineated in the Company's Executive Severance Plan, which outlines the compensatory arrangements for his departure. These benefits are detailed in the filing of the 2025 proxy statement submitted to the SEC on April 17, 2025. The announcement's strategic implications involve leadership transition within the Company as it prepares for the retirement of a key executive. The announcement was made public through a press release on the same date, signifying its importance to stakeholders.
  • : SEC 8-K (7.01): On December 3, 2025, Grocery Outlet Holding Corp. disclosed preliminary unaudited financial information regarding its comparable store sales for November 2025, which showed a decline in EBT payments by approximately 8.2% and a 0.5% decline in non-EBT transactions. The company expects flat comparable store sales for the fourth quarter of fiscal 2025 and diluted adjusted earnings per share to be at the low end of the previous guidance, indicating potential challenges stemming from the U.S. government shutdown's impact on customer benefits. This report comes ahead of the company's presentation at the Morgan Stanley Global Consumer & Retail Conference on the same day. The sales results reported are preliminary and subject to change based on final accounting procedures.
  • : Grocery Outlet Holding Corp. Names Christopher Miller as Executive Vice President and Chief Financial Officer
  • : Grocery Outlet appoints Ramesh Chikkala EVP, Chief Operations
  • : Grocery Outlet Appoints Ramesh Chikkala to Newly Created EVP, Chief Operations Officer Role

Leadership

  • Christopher Miller, Chief Financial Officer
  • Ramesh Chikkala, Vice President
  • Lindsay Gray, Senior Vice President of Operations
  • Charles Bracher

Verified email and direct lines for Grocery Outlet’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.

Employee benefit plans

Grocery Outlet files 4 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.

Grocery Outlet in the news

Companies similar to Grocery Outlet

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  • B&G Foods · Food and Beverage, Food And Beverage, Grocery, Retail

About Grocery Outlet: questions and answers

What does Grocery Outlet do?

Grocery Outlet Inc. is the leading extreme value retailer in the United States, serving bargain seeking customers since 1946. Publicly held, Grocery Outlet employs 1000 people across the US. Headquartered in Emeryville, California, Grocery Outlet has been family oriented for over 75 years and has a rich history of putting customers and employees first.

Where is Grocery Outlet headquartered?

Grocery Outlet is headquartered in Emeryville, California, United States.

How many employees does Grocery Outlet have?

Grocery Outlet has about 1,925 employees.

Who leads Grocery Outlet?

Ramesh Chikkala is a Vice President at Grocery Outlet.

What is the latest news on Grocery Outlet?

On Jun 09, 2026, SEC 8-K (5.02): On June 9, 2026, Grocery Outlet Holding Corp. announced the departure of Christopher M. Miller, Executive Vice President and Chief Financial Officer, effective June 26, 2026, and Matthew P. Delly, Executive Vice President and Chief Merchandising & Purchasing Officer, effective June 1

Is Grocery Outlet a public company?

Yes. Grocery Outlet is publicly traded under the ticker GO.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

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