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Grocery Outlet Holding ( (GO) ) has provided an update.
On January 22, 2025, Grocery Outlet Holding Corp. announced the appointment of Jason Potter as its new President and Chief Executive Officer, effective February 3, 2025. Mr. Potter, who brings over 30 years of experience in the grocery retail industry and has previously led The Fresh Market, is expected to drive the company’s next phase of growth and enhance shareholder value. Eric J. Lindberg, Jr., the interim President and CEO, will continue as Chairman of the Board, ensuring a smooth transition and alignment with Grocery Outlet’s strategic goals.
More about Grocery Outlet Holding
Based in Emeryville, California, Grocery Outlet is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold primarily through a network of independently operated stores. Grocery Outlet and its subsidiaries have more than 520 stores across various states in the United States.
YTD Price Performance: -2.15%
Average Trading Volume: 1,980,670
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.55B
Learn more about GO stock on TipRanks’ Stock Analysis page.
