Grocery Outlet Files Proxy Statement for 2025 Shareholder Meeting

TL;DR

GO stock proxy filed: vote on board, exec pay, auditors for June 2nd meeting.

AI Summary

Grocery Outlet Holding Corp. filed its definitive proxy statement (DEF 14A) on April 17, 2025, for its annual meeting on June 2, 2025. The filing details the company's governance, executive compensation, and proposals to be voted on by shareholders. Key items likely include the election of directors and ratification of independent auditors.

Why It Matters

This filing provides shareholders with crucial information to make informed voting decisions on company leadership and strategic direction at the upcoming annual meeting.

Risk Assessment

Risk Level: low — A DEF 14A filing is a routine disclosure document for public companies and does not inherently represent new financial risk.

Key Numbers

• DEF 14A — Filing Type (Definitive Proxy Statement)

Key Players & Entities

• Grocery Outlet Holding Corp. (company) — Registrant
• 0001104659-25-036008 (filing_id) — Accession Number
• 20250417 (date) — Filing Date
• 20250602 (date) — Conformed Period of Report (Meeting Date)

FAQ

From the Filing

0001104659-25-036008.txt : 20250417 0001104659-25-036008.hdr.sgml : 20250417 20250417160726 ACCESSION NUMBER: 0001104659-25-036008 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 51 CONFORMED PERIOD OF REPORT: 20250602 FILED AS OF DATE: 20250417 DATE AS OF CHANGE: 20250417 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grocery Outlet Holding Corp. CENTRAL INDEX KEY: 0001771515 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services EIN: 471874201 STATE OF INCORPORATION: DE FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38950 FILM NUMBER: 25847333 BUSINESS ADDRESS: STREET 1: 5650 HOLLIS STREET CITY: EMERYVILLE STATE: CA ZIP: 94608 BUSINESS PHONE: (510) 845-1999 MAIL ADDRESS: STREET 1: 5650 HOLLIS STREET CITY: EMERYVILLE STATE: CA ZIP: 94608 DEF 14A 1 tm252458-6_def14a.htm DEF 14A tm252458-5_nonfiling - block - 26.5313707s TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ​ SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.         ) ​ ☑    Filed by the Registrant ​ ​ ☐    Filed by a Party other than the Registrant ​ ​ ​ Check the appropriate box: ​ ​ ​ ​ ☐ ​ ​ ​ Preliminary Proxy Statement ​ ​ ​ ​ ☐ ​ ​ ​ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ​ ​ ​ ​ ☑ ​ ​ ​ Definitive Proxy Statement ​ ​ ​ ​ ☐ ​ ​ ​ Definitive Additional Materials ​ ​ ​ ​ ☐ ​ ​ ​ Soliciting Material Under § 240.14a-12 ​ ​ Grocery Outlet Holding Corp . (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) ​ ​ Payment of Filing Fee (Check all boxes that apply): ​ ​ ​ ​ ☑ ​ ​ ​ No fee required ​ ​ ​ ​ ☐ ​ ​ ​ Fee paid previously with preliminary materials ​ ​ ​ ​ ☐ ​ ​ ​ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 ​ ​ TABLE OF CONTENTS Fiscal 2024 was a very challenging year for Grocery Outlet — one of the most difficult in the nearly 80 years we have been in business. Despite growing comparable store sales during the year, persistent impacts from our mid-2023 enterprise resources planning (“ERP”) implementation and execution challenges led to a decline in margins and Adjusted EBITDA fell by 6.3% compared to the prior year. The Board of Directors recognizes that these results, and the performance of our stock over the past year, are unacceptable. As stewards of your capital, we take full accountability and we are taking a number of actions that we believe will improve our performance. In late 2024, the Board moved to install Eric Lindberg as Interim President and CEO and launched a search for Grocery Outlet’s next permanent leader, while the Company also began to implement restructuring initiatives intended to improve our execution and financial results. Earlier this year, we welcomed Jason Potter as Grocery Outlet’s new President and CEO. Jason is a seasoned CEO with more than 30 years of grocery retail experience and a track record of driving earnings growth and shareholder value. He joined Grocery Outlet from The Fresh Market, Inc., a specialty grocery retailer of fresh, gourmet food and prepared meals, where he led the successful turnaround and transformation of that business, driving an award-winning