Grocery Outlet announces leadership appointments for CFO and CPO
Paul Miller rejoins as Chief Purchasing and Merchandising Officer, and Ian Ferry is promoted to CFO, effective June 9.
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Discount supermarket chain
groceryoutlet.comLast updated
In short: Grocery Outlet implemented a strategic optimization plan involving leadership changes and store closures while maintaining its fiscal guidance.
Paul Miller rejoins as Chief Purchasing and Merchandising Officer, and Ian Ferry is promoted to CFO, effective June 9.
Net sales increased 3.6% to $1.17 billion, with comparable store sales declining 1.0% and net loss of $180.3 million.
Frances Allen and Felicia Thornton join the Board effective April 1, 2026, bringing extensive retail and grocery expertise.
Net sales rose 10.7% to $1.22B in Q4 and 7.3% to $4.69B for the year, but reported net losses and impairments. Announces Optimization Plan to close 36 stores.
Grocery Outlet Holding Corp. (NASDAQ:GO – Get Free Report) insider Paul Blaine Miller purchased 10,000 shares of the firm’s stock in a transaction on Thursday...
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The discounter named two people to the top merchandising and finance roles as Christopher Miller readies to leave after less than two years as CFO.
GROCERY OUTLET HOLDING CORP has an Investment Rating of SELL; a target price of $8.000000; an Industry Subrating of Low; a Management Subrating of Low...
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