Grocery Outlet Holding Corp. announced Q4 and fiscal 2025 financial results, reporting net sales of $1.22 billion and $4.69 billion respectively, alongside significant non-cash impairments leading to operating losses, and introduced an Optimization Plan to close 36 underperforming stores and optimize operations to strengthen profitability and cash flow.
Key takeaways
Q4 FY2025 net sales $1.22 billion (up 10.7% YoY, includes 53rd week $82.4 million)
Q4 FY2025 GAAP net loss $218.2 million or $(2.22) diluted EPS
FY2025 net sales $4.69 billion (up 7.3% YoY)
FY2025 GAAP net loss $224.9 million or $(2.30) diluted EPS
$110.2 million non-cash impairment of long-lived assets in Q4 FY2025 related to Closure Stores
Optimization Plan adopted March 2, 2026: close 36 stores, exit distribution center lease, terminate operator agreements