GO (Grocery Outlet) Turnaround Is Working + Insiders Bought Heavy

Grocery Outlet's turnaround thesis is working with 36 underperforming stores closed and insider buying accelerating. Q2 beat expectations with traffic up 1.8%, improved basket trends, and raised guidance as the market prices in an earnings turnaround.

Why it matters: Insiders including CEO Jason Potter bought heavily, with directors continuing to buy at higher prices despite the stock's nearly doubling.