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India's BSE: Reference Price For Gold, Silver ETFs Traded On Exchange To Be Based On T-1 Net Asset Value
Asked If He Knew About Don Lemon Arrest Beforehand, Trump Says: 'I Didn't Know Anything About It'

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EMERYVILLE, Calif., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. ("Grocery Outlet" or the "Company"), a high-growth, extreme value retailer of quality, name-brand consumables and fresh products, today announced that it raised enough funds to provide two million meals* to people facing hunger through its holiday campaign with Feeding America®, the nation’s largest hunger-relief organization.
The initiative, which ran from mid-November through December 31, was part of Grocery Outlet’s ongoing commitment to fight hunger and support the local communities it operates in. During the campaign, customers were invited to donate at checkout, and store operators were able to choose which local food bank or community organization they wished to support. Grocery Outlet also matched a portion of donations to amplify the impact, altogether raising over $200,000.
“Food insecurity continues to affect millions of Americans, and we are proud to stand alongside Feeding America to make a meaningful difference,” said Jason Potter, Grocery Outlet Chief Executive Officer. “Thanks to the generosity of our customers and the dedication of our store teams, we helped provide two million meals to people who need them most.”
Feeding America estimates that 47 million people in the U.S. face hunger, including 13 million of whom are children.
“We are grateful to Grocery Outlet and its customers for their incredible support in helping us provide meals to families who are facing hunger,” said Lauren Biedron, Senior Vice-President of Corporate Partnerships at Feeding America. “Partnerships like this are essential to ensuring that everyone has access to the food they need.”
*$1 helps provide at least 10 meals secured by Feeding America on behalf of local partner food banks.
About Grocery Outlet
Based in Emeryville, California, Grocery Outlet is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold primarily through a network of independently operated stores. Grocery Outlet and its subsidiaries have more than 560 stores in California, Washington, Oregon, Pennsylvania, Tennessee, Idaho, Nevada, Maryland, New Jersey, Ohio, North Carolina, Georgia, Alabama, Delaware, Kentucky and Virginia.
Media Contact:
Kyle Noble, knoble@cfgo.com
About Feeding America®
Feeding America® is committed to an America where no one is hungry. We support tens of millions of people who experience food insecurity to get the food and resources they say they need to thrive as part of a nationwide network of food banks, statewide food bank associations, food pantries and meal programs. We also invest in innovative solutions to increase equitable access to nutritious food, advocate for legislation that improves food security and work to address factors that impact food security, such as health, cost of living and employment. We partner with people experiencing food insecurity, policymakers, organizations, and supporters, united with them in a movement to end hunger. Visit FeedingAmerica.org to learn more.
What Happened?
A number of stocks fell in the afternoon session after the Dow Jones Industrial Average fell as much as 0.7%, reflecting lingering uncertainty, and capping off a volatile week which saw stocks enjoy some relief as President Donald Trump reduced tensions with European allies by backing off his threat of imposing new tariffs.
Threats of tariffs initially created uncertainty for businesses, as they can lead to higher costs for multinational corporations and disrupt global supply chains. By withdrawing the threat, the administration removed a significant headwind for the market, prompting a relief rally. This development was a key factor in helping major indexes recover from earlier losses, even as some analysts noted that underlying geopolitical risks and market volatility remain concerns for investors.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.
Among others, the following stocks were impacted:
Zooming In On CarMax (KMX)
CarMax’s shares are somewhat volatile and have had 13 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The biggest move we wrote about over the last year was 4 months ago when the stock dropped 23.4% on the news that the company reported third-quarter 2025 results that significantly missed Wall Street's expectations.
The company posted earnings of $0.64 per share, which fell far short of the anticipated $1.03 per share and marked a 24.7% drop from the previous year. Revenue also disappointed, coming in at $6.59 billion, below the consensus estimate of $7.07 billion and representing a 6% decrease year-over-year. The poor performance was driven by weakening demand, as same-store sales fell 7.1%. Adding to concerns, profitability worsened, with the operating margin declining to 1.8% from 2.9% in the same quarter last year.
CarMax is up 18% since the beginning of the year, but at $46.35 per share, it is still trading 48% below its 52-week high of $89.19 from February 2025. Investors who bought $1,000 worth of CarMax’s shares 5 years ago would now be looking at an investment worth $383.18.
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