Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Grocery Outlet Holding ( (GO) ) is now available.
On January 13, 2026, Grocery Outlet Holding Corp. announced that longtime Executive Vice President and Chief Purchasing Officer Steve Wilson will retire effective March 20, 2026, after 31 years with the company, and will receive separation benefits under its executive severance plan. Industry veteran Matt Delly, who joined the company in 2025 as Chief Merchandising Officer, will assume the newly combined role of Chief Merchandising and Purchasing Officer, integrating purchasing and merchandising operations in a move aimed at boosting efficiency, strengthening performance and enhancing support for the company’s independent operators and customers as part of its broader strategy to drive execution at scale.
The most recent analyst rating on (GO) stock is a Hold with a $9.50 price target. To see the full list of analyst forecasts on Grocery Outlet Holding stock, see the GO Stock Forecast page.
Spark’s Take on GO Stock
According to Spark, TipRanks’ AI Analyst, GO is a Neutral.
Grocery Outlet Holding faces significant challenges with profitability and cash flow, compounded by recent negative impacts from external events like the government shutdown. While there are strategic initiatives in place to drive growth, the current financial and market conditions present substantial risks. The technical indicators suggest bearish momentum, and valuation metrics are unattractive due to the company’s unprofitability.
To see Spark’s full report on GO stock, click here.
More about Grocery Outlet Holding
Grocery Outlet Holding Corp., based in Emeryville, California, is a high-growth, extreme-value grocery retailer offering name-brand consumables and fresh products through more than 560 independently operated stores across multiple states, including California, Washington, Oregon, Pennsylvania and several others nationwide.
Average Trading Volume: 2,771,337
Technical Sentiment Signal: Sell
Current Market Cap: $937.2M
Find detailed analytics on GO stock on TipRanks’ Stock Analysis page.