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Grocery Outlet Holding Appoints New Independent Directors

Story Highlights
  • Grocery Outlet appointed two new independent directors to its Board on June 26, 2025.
  • The appointments aim to enhance growth and profitability, with two long-serving directors set to retire in August 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Grocery Outlet Holding Appoints New Independent Directors

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Grocery Outlet Holding ( (GO) ) has issued an update.

On June 25, 2025, Grocery Outlet Holding Corp. announced the appointment of Michael Kobayashi and Lawrence ‘Chip’ Molloy as new independent directors to its Board, effective June 26, 2025. This move is part of the company’s board refreshment and leadership transition efforts to drive growth and profitability. The appointments follow a national search and will see both directors serve on the Audit and Risk Committee. Concurrently, long-serving directors Kenneth Alterman and Thomas Herman will retire on August 7, 2025, leading to a reduction of the board size back to ten directors. Kobayashi brings extensive experience in retail technology and operations, while Molloy offers significant financial leadership expertise, both expected to support the company’s strategic growth initiatives.

The most recent analyst rating on (GO) stock is a Hold with a $16.00 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’s overall stock score reflects steady revenue growth and effective cost management, with strong operational cash flow. However, weak profitability metrics and a high P/E ratio suggest potential challenges. The technical indicators show downward momentum, and the earnings call presents a mixed outlook with both achievements and concerns. Strategic initiatives are in place to address these issues, offering some optimism for future performance.

To see Spark’s full report on GO stock, click here.

More about Grocery Outlet Holding

Based in Emeryville, California, Grocery Outlet is a high-growth, extreme value retailer offering quality, name-brand consumables and fresh products primarily through a network of independently operated stores. The company operates over 540 stores across multiple states including California, Washington, and Oregon.

Average Trading Volume: 3,619,101

Technical Sentiment Signal: Sell

Current Market Cap: $1.27B

See more data about GO stock on TipRanks’ Stock Analysis page.

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