Holzer & Holzer, LLC Reminds GO Investors of the May 15, 2026 Lead Plaintiff Deadline in the Grocery Outlet Holding Corp. Securities Class Action

ATLANTA, May 12, 2026 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC has filed a shareholder class action lawsuit against Grocery Outlet Holding Corp. (“Grocery Outlet” or the “Company”) (NASDAQ: GO). The lawsuit alleges that Defendants issued false and misleading statements and/or failed to disclose material adverse facts regarding Grocery Outlet's business, operations, and prospects, including allegations that: (1) Grocery Outlet had “expanded too quickly” into new stores; (2) the Company's purportedly strong financial and operational growth was being artificially supported by excessive rapid store expansion; (3) as a result, Grocery Outlet was unable to achieve the sustainable growth required to meet its previously set guidance; and (4) the Company's Restructuring Plan would require further Optimization to achieve its operational goals, including significant store closures and asset write-downs.