HEB going public with IPO?

[RiverRat1]

May just be a rumor but I heard HEB is planning to trade on Wall Street through an IPO.

IMO - This could be good for HEB employees (if they retain and hold their shares, some have through employee stock plan). But may be bad for us customers after a couple years if investors demand profits and quality goes down.

Anyone else hear this?

[MitchParker]

Personally, I hope they do not go public.

[BRUTE 23]

That's not good. Big funds will end up owning it and squeezing them for profits. We as consumers will suffer.

[TX CHICKEN]

I doubt it….I would be extremely surprised if they need any cash for expansion and that’s about the only reason they would do it.

[Walker]

Fake news until I'm proven wrong.

[RiverRat1]

Fake news until I'm proven wrong.

If true it will take a few months before it's official (hear about it through media).

But was just curious on thoughts. I agree it may be bad for consumers. But can't recall a supermarket going public in the past.

[Aggiehunter08]

After going public I heard corporate is moving to the moon.

[Randy M]

Oh sweet Jesus. Absolutely not true. Long time HEB Partner here.

[Dirt Napper]

Oh sweet Jesus. Absolutely not true. Long time HEB Partner here.

At my HEB! Good to know.

[1riot1ranger]

maybe owners are looking for a way to cash out. Hope not. They will just be another Kroger's if that happens and can kiss all the awesome HEB brands goodby

[Tony Pic]

HEB does have the lions share of food sales in many markets. Here in Kerr co. Its only HEB or Wally world. Pick your poison.

[Chase This!]

Yep! And Buccees.

[tpack]

I`ll put my money on them NOT going public. They don`t want to answer to no one. Pure Gossip.

[tvc184]

I`ll put my money on them NOT going public. They don`t want to answer to no one. Pure Gossip.

They don’t want to answer to anyone.

Good grief!

[DEADEYE1]

Who on earth did you hear this from?? I did a google search and the 1st thing on there was from March 27 2024 and it was a big "NO" on going public.

https://www.cheddarflow.com/blog/exploring-heb-stock-the-popular-texas-grocery-chain/