SCHEDULE: FMR LLC Discloses 15% Stake in Grocery Outlet

FMR LLC and Abigail P. Johnson have disclosed a 15.0% beneficial ownership stake in Grocery Outlet Holding Corp. as of June 30, 2025.

Summary

• FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 14,706,425 shares of Grocery Outlet Holding Corp. common stock.
• This aggregate amount represents 15.0% of the outstanding common stock of Grocery Outlet Holding Corp.
• FMR LLC holds sole voting power over 14,703,732 shares and sole dispositive power over 14,706,425 shares.
• Abigail P. Johnson holds sole dispositive power over 14,706,425 shares.
• The filing is an Amendment No. 1 to a previous Schedule 13G, indicating an update to their previously reported ownership.
• FMR LLC is classified as a parent holding company, and Abigail P. Johnson is classified as an individual.
• Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are identified as entities beneficially owning shares, with Fidelity Management & Research Company LLC owning 5% or greater of the outstanding shares.

Sentiment

Score: 8

Explanation: The disclosure of a significant 15.0% stake by a major institutional investor like FMR LLC is generally viewed as a strong positive signal, indicating confidence in the company's value and future prospects. This suggests a bullish long-term outlook from a sophisticated market participant.

Positives

• FMR LLC, a major institutional investor, maintaining a significant 15.0% stake in Grocery Outlet Holding Corp. signals strong institutional confidence in the company's long-term prospects.
• The continued substantial ownership by a reputable investment firm like FMR LLC can be viewed as a positive endorsement of the company's value and future potential.

Negatives

• NA

Risks

• The filing itself does not detail specific operational or financial risks of Grocery Outlet Holding Corp., as it is a beneficial ownership disclosure.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Grocery Outlet Holding Corp.'s future financial performance or strategic outlook.

Industry Context

This filing indicates a significant institutional investment in the grocery retail sector, reflecting continued interest from major asset managers in companies like Grocery Outlet Holding Corp. The grocery industry is generally considered defensive, offering stability during economic fluctuations, which may attract long-term investors.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake can positively influence investor sentiment and potentially the stock price, signaling confidence from a major player.
• Company Management: Awareness of a large, active institutional shareholder may influence strategic decisions and corporate governance considerations.

Key Dates

Recommendation

The filing indicates that FMR LLC, a prominent institutional investor, maintains a substantial 15.0% beneficial ownership in Grocery Outlet Holding Corp. This significant stake suggests strong conviction in the company's long-term value proposition and operational stability. For a seasoned investor, such a large, continued institutional holding often serves as a positive signal, implying that the company is well-regarded by sophisticated market participants. While this filing does not provide financial performance data, the vote of confidence from a major asset manager supports a 'buy' recommendation for investors looking for companies with strong institutional backing.

Keywords

Grocery Outlet Holding Corp., GO, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Schedule 13G, Retail, Grocery