Grocery Outlet Q3: net income -52% to $11.6M on non-operating factors; $46M restructuring

Filed November 5, 2025 · Period ending September 27, 2025 · Compared to 10-Q Nov 6, 2024 · ~1 min read

Key Changes

• high

  Net income fell 52% to $11.6M (EPS $0.12, -50%) while operating income dropped 43% to $22.8M, with the divergence driven by below-the-line items not disclosed in the filing.

  MD&A: Operating Results verify on EDGAR →
• high

  Restructuring plan substantially completed in Q2 FY2025 incurred $46.3M in charges ($35.4M lease terminations, $7.9M impairment, $1.5M severance), terminating 28 unopened-store leases and cutting 40 FTEs to optimize footprint and lower costs.

  Notes: Restructuring Plan verify on EDGAR →
• high

  Federal securities class action and derivative lawsuits filed in early 2025 allege false statements about internal systems transition; company filed motion to dismiss in October 2025, hearing scheduled March 2026, outcome and loss range not estimable.

  Legal Proceedings verify on EDGAR →