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Grocery Outlet Holding Corp (NASDAQ:GO) is one of the small cap stocks that make up 0.28% of George Soros stock portfolio.

On April 2, Grocery Outlet Holding Corp (NASDAQ:GO) announced the appointment of two directors with retail experience to its board. It said that these appointments followed a national search for suitable candidates, and that a leading independent search firm helped with this task.

Copyright: stocking / 123RF Stock Photo

The newly appointed directors are Frances Allen and Felicia Thornton. According to Grocery Outlet, Allen brings four decades of experience in the consumer and food industry. Allen previously held executive roles at companies like Checkers Drive-In Restaurants, Boston Market Corporation, and Jack in the Box Inc.

Thornton, the other newly added director, brings more than 30 years of executive leadership experience in the retail and grocery sectors. Thornton previously served in executive and director roles at companies like Number Holdings (99 Cents Only Stores), Demoulas Super Markets, Inc. (Market Basket), Kroger, and Albertsons.

Grocery Outlet’s board chairman, Eric Lindberg, said the appointments of Allen and Thornton align with Grocery Outlet’s strategic priorities.

Notably, these board additions come at a time when Grocery Outlet insiders have continued to show confidence in the company. On March 27, Grocery Outlet board member Erik D. Ragatz purchased $882,500 worth of the company’s shares. That followed a purchase of around $717,000 worth of the company’s shares by its CEO Jason J. N. Potter, between March 23 and March 24.

Grocery Outlet released its Q4 2025 earnings results in early March. The report showed revenue increased 10.7% to $1.22 billion and gross margin expanded slightly to 29.7% from 29.5%. The company closed 2025 with $69.6 million of cash and cash equivalents.

Grocery Outlet Holding Corp (NASDAQ:GO) is an American discount grocery retailer. It sells heavily discounted products sourced directly from manufacturers. Its stores offer a broad mix of products, including fresh produce, dairy, meat, frozen food, beer, and general merchandise. Grocery Outlet mostly serves shoppers through a network of local independently operated stores. It has a network of more than 540 store locations across 16 states in the US.

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