IPO Year: 2021
Exchange: NYSE
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/9/2024 | $3.00 → $2.00 | Outperform | Telsey Advisory Group |
11/17/2022 | $2.00 | Buy | Canaccord Genuity |
Delivers Third Quarter 2024 Positive Operating Cash Flow of $0.8 Million Raises $15M PIPE Investment from Volition Capital Announces Exit from Brick & Mortar Retail Channel, Doubles Down on Direct-to-Consumer foundation Shifts Strategic Focus to Equal Balance Between Both Environmental and Human Health in Customer Education, Offering Announces Revised Full Year 2024 Revenue Guidance Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today reported financial results for its fiscal third quarter ended
Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic-neutral retailer, a leading sustainable consumer products company, certified B Corporation™, and Public Benefit Corporation today announced that it will report second quarter 2024 financial results after the market closes on Tuesday, November 12, 2024. The Company will host an investor conference call and webcast to review these financial results at 5:00pm ET / 2:00pm PT on November 12, 2024. The webcast can be accessed at https://investors.grove.co/. The conference call can be accessed by calling 877-413-7205. International callers may dial 201-689-8537. A replay of the call will be availa
Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or the "Company"), the world's first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today announced a $15 million investment from Volition Capital ("Volition"), a leading growth equity firm. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240923503642/en/Grove Collaborative is the one-stop online destination for sustainable everyday essentials. (Photo: Business Wire) Volition previously invested $10 million in Grove by purchasing Series A Convertible Preferred Stock in August of 2023, bringin
The leader in sustainable everyday essentials taps Shopify, Ordergroove, and Tapcart to revitalize their technology infrastructure, unlocking innovation and scale Grove Collaborative Holdings, Inc (NYSE:GROV) (Grove Collaborative), the world's first plastic neutral retailer and a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, formally announced a technology replatforming to bolster its business that includes Shopify behind its ecommerce, Ordergroove powering subscriptions, and Tapcart supporting its mobile app. As the trusted brand for conscientious customers who are seeking high-performing, planet-friendly products, this transition
Completes Voluntary $42 Million Term Debt Paydown and Delays Principal Payments Until January 2026 Fourth Consecutive Quarter of Positive Adjusted EBITDA Second Quarter 2024 Positive Cash Flow of $1.0M Announces Revised FY24 Guidance Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today reported financial results for its fiscal second quarter ended June 30, 2024. "Today's update marks nearly my first full year as CEO and I am proud of our progress on delivering Adjusted EBITDA profitability, strengthen
Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic-neutral retailer, a leading sustainable consumer products company, certified B Corporation™, and Public Benefit Corporation today announced that it will report second quarter 2024 financial results after the market closes on Thursday, August 8, 2024. The Company will host an investor conference call and webcast to review these financial results at 5:00pm ET / 2:00pm PT on August 8, 2024. The webcast can be accessed at https://investors.grove.co/. The conference call can be accessed by calling 877-413-7205. International callers may dial 201-689-8537. A replay of the call will be available
The world's first plastic-neutral retailer updates its Plastic Free by 2025 commitment and launches the Beyond Plastic™ Impact Tracker to engage customers directly on new goals Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic-neutral retailer, a leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation, today announced new sustainability goals and an update to its Plastic Free by 2025 commitment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240701316905/en/www.Grove.co/impact (Photo: Business Wire)">Grove Collaborative launches t
Company joins the 5% of B Corporations that have maintained certification for more than ten years, provides annual update on sustainability programs Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic neutral retailer, leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation today launched its fifth annual Sustainability Report for 2023-2024. The comprehensive report provides detailed updates on key company commitments, progress, and partnerships across material issues relating to Grove's business, including plastic, carbon, forest health, ingredient standards, and justice and equity. Grove toda
First Quarter 2024 Adjusted EBITDA of $1.9 million, Adjusted EBITDA margin of 3.5% Launched Grove Co. rebrand alongside new Ready-to-Use Hand Soap, Dish Soap and Liquid Laundry Detergent Completed headquarters lease restructuring; more than $5M of cash savings through May 2027 Maintains full year 2024 Revenue and Adjusted EBITDA Guidance Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today reported financial results for its fiscal first quarter ended March 31, 2024. Grove Collaborative's first quarter
Other honorees for the top industry honor include Target's Figmint brand and Acer ebii's Smart Bike packaging Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation announced that its recently launched rebrand of flagship owned brand Grove Co. has been selected as a winner in the Dieline Awards 2024 Sustainable Packaging category for Home, Shopping, & Other Markets. For the past 15 years, the Dieline Awards have formally recognized the best packaging design worldwide, becoming the premier industry-wide benchmark for design
Telsey Advisory Group reiterated coverage of Grove Collaborative Holdings with a rating of Outperform and set a new price target of $2.00 from $3.00 previously
Canaccord Genuity initiated coverage of Grove Collaborative Holdings with a rating of Buy and set a new price target of $2.00
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The world's first plastic-neutral retailer updates its Plastic Free by 2025 commitment and launches the Beyond Plastic™ Impact Tracker to engage customers directly on new goals Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic-neutral retailer, a leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation, today announced new sustainability goals and an update to its Plastic Free by 2025 commitment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240701316905/en/www.Grove.co/impact (Photo: Business Wire)">Grove Collaborative launches t
Company joins the 5% of B Corporations that have maintained certification for more than ten years, provides annual update on sustainability programs Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic neutral retailer, leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation today launched its fifth annual Sustainability Report for 2023-2024. The comprehensive report provides detailed updates on key company commitments, progress, and partnerships across material issues relating to Grove's business, including plastic, carbon, forest health, ingredient standards, and justice and equity. Grove toda
World's first plastic-neutral retailer hires experienced eCommerce and technology attorney to oversee company's legal function Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), a leading sustainable consumer products company and Certified B Corporation, announced today the appointment of Scott Giesler as General Counsel. Joining the executive leadership team, Mr. Giesler will report to Jeff Yurcisin, Chief Executive Officer. In this position, Mr. Giesler will oversee the Company's overall legal function. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240118670609/en/Scott Giesler is appointed General C
Jeff Yurcisin, former CEO of Zulily and Shopbop, Named Chief Executive Officer Co- Founder Stuart Landesberg named Executive Chairman of the Board Larry Cheng, Volition Capital Managing Partner and co-founder and GameStop board member, to join Board John Replogle, former CEO of Seventh Generation and Burt's Bees, to become Lead Independent Director Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), a leading sustainable consumer products company and Certified B Corp, announced today leadership changes to align the Company more closely with future growth and market expansion initiatives. CEO Transition After co-founding Grove Collaborative in 2012 and
Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), a leading sustainable consumer products company and Certified B Corp, today announced the appointment of Kevin Cleary, Principal at Big Rock Growth Advisors LLC and former President and CEO at Clif Bar & Company, to its Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221026005886/en/(Photo: Business Wire) Cleary joins Grove with a track record of success at private and public companies including Clif Bar & Company, RR Donnelley and Quaker Oats. During the past three years, Cleary has served as the Principal of strategic advisory firm Big
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Delivers Third Quarter 2024 Positive Operating Cash Flow of $0.8 Million Raises $15M PIPE Investment from Volition Capital Announces Exit from Brick & Mortar Retail Channel, Doubles Down on Direct-to-Consumer foundation Shifts Strategic Focus to Equal Balance Between Both Environmental and Human Health in Customer Education, Offering Announces Revised Full Year 2024 Revenue Guidance Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today reported financial results for its fiscal third quarter ended
Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic-neutral retailer, a leading sustainable consumer products company, certified B Corporation™, and Public Benefit Corporation today announced that it will report second quarter 2024 financial results after the market closes on Tuesday, November 12, 2024. The Company will host an investor conference call and webcast to review these financial results at 5:00pm ET / 2:00pm PT on November 12, 2024. The webcast can be accessed at https://investors.grove.co/. The conference call can be accessed by calling 877-413-7205. International callers may dial 201-689-8537. A replay of the call will be availa
Completes Voluntary $42 Million Term Debt Paydown and Delays Principal Payments Until January 2026 Fourth Consecutive Quarter of Positive Adjusted EBITDA Second Quarter 2024 Positive Cash Flow of $1.0M Announces Revised FY24 Guidance Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today reported financial results for its fiscal second quarter ended June 30, 2024. "Today's update marks nearly my first full year as CEO and I am proud of our progress on delivering Adjusted EBITDA profitability, strengthen
Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic-neutral retailer, a leading sustainable consumer products company, certified B Corporation™, and Public Benefit Corporation today announced that it will report second quarter 2024 financial results after the market closes on Thursday, August 8, 2024. The Company will host an investor conference call and webcast to review these financial results at 5:00pm ET / 2:00pm PT on August 8, 2024. The webcast can be accessed at https://investors.grove.co/. The conference call can be accessed by calling 877-413-7205. International callers may dial 201-689-8537. A replay of the call will be available
First Quarter 2024 Adjusted EBITDA of $1.9 million, Adjusted EBITDA margin of 3.5% Launched Grove Co. rebrand alongside new Ready-to-Use Hand Soap, Dish Soap and Liquid Laundry Detergent Completed headquarters lease restructuring; more than $5M of cash savings through May 2027 Maintains full year 2024 Revenue and Adjusted EBITDA Guidance Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today reported financial results for its fiscal first quarter ended March 31, 2024. Grove Collaborative's first quarter
Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), a leading sustainable consumer products company, certified B Corporation™, and Public Benefit Corporation today announced that it will report first quarter 2024 financial results after the market closes on Tuesday, May 14, 2024. The Company will host an investor conference call and webcast to review these financial results at 5:00pm ET / 2:00pm PT on May 14, 2024. The webcast can be accessed at https://investors.grove.co/. The conference call can be accessed by calling 877-413-7205. International callers may dial 201-689-8537. A replay of the call will be available until May 28, 2024 and can be accessed by dialing
Fourth Quarter Adjusted EBITDA of $0.1 million, positive for the second quarter in a row Positive Fourth Quarter Operating Cash Flow of $1.1M Record Net Revenue per Order of $66.83 Announces Fiscal 2024 Revenue and Adjusted EBITDA Guidance Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), a leading sustainable consumer products company and certified B Corporation, today reported fourth quarter and full year 2023 financial results for the year ended December 31, 2023. Grove Collaborative's fourth quarter 2023 financial results include several milestones for the Company, including its second consecutive quarter of positive Adjusted EBITDA, positive
Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), a leading sustainable consumer products company and certified B Corporation™, today announced that it will report fourth quarter and full year 2023 financial results after the market closes on Wednesday, March 6, 2024. The Company will host an investor conference call and webcast to review these financial results at 5:00pm ET / 2:00pm PT on the same day. The webcast can be accessed at https://investors.grove.co/. The conference call can be accessed by calling 877-413-7205. International callers may dial 201-689-8537. A replay of the call will be available until March 20, 2024 and can be accessed by dialing 877-660-
Positive Third Quarter Adjusted EBITDA of $0.2 million, a first for the company Achieves Record Net Revenue per Order of $65.2 and Gross Margin of 53.8% Raises full year Adjusted EBITDA Margin Guidance midpoint by 100 basis points; lowers Revenue Guidance midpoint by 2% Expanded retail distribution to 7,500 stores, including new partnerships with Wegmans and KeHE Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), a leading sustainable consumer products company and certified B Corp, today reported financial results for its fiscal third quarter ended September 30, 2023. Fiscal Third Quarter 2023 Financial Highlights: Grove Collaborative's third qu
Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), a leading sustainable consumer products company and certified B Corp™, today announced that it will report third quarter 2023 financial results after the market closes on Thursday, November 9, 2023. The Company will host an investor conference call and webcast to review these financial results at 5:00pm ET / 2:00pm PT on the same day. The webcast can be accessed at https://investors.grove.co/. The conference call can be accessed by calling 800-274-8461. International callers may dial 203-518-9814. Please note, the code "GROVE" is required for entry. A replay of the call will be available until November 23, 2023 and
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The Dow Jones index closed higher by around 575 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform. Grove Collaborative Holdings The Trade: Grove Collaborative Holdings, Inc. (NYSE:GROV) President and CEO Jeffrey Michael Yurcisin bought a total of 17,100 shares at an average price of $1.63. To acquire these shares, it cost around $27,951. Wh
The company said it continues to be optimistic to drive sequential revenue growth in the second half of the year and deliver positive Adjusted EBITDA for the full year.
Grove Collaborative Hldgs (NYSE:GROV) reported quarterly losses of $(0.10) per share which beat the analyst consensus estimate of $(0.16) by 37.5 percent. This is a 74.36 percent increase over losses of $(0.39) per share from the same period last year. The company reported quarterly sales of $53.55 million which missed the analyst consensus estimate of $54.09 million by 1.01 percent. This is a 25.18 percent decrease over sales of $71.56 million the same period last year.
Telsey Advisory Group analyst Dana Telsey reiterates Grove Collaborative Hldgs (NYSE:GROV) with a Outperform and maintains $3 price target.
Gainers Grove Collaborative Hldgs (NYSE:GROV) stock rose 8.6% to $1.65 during Thursday's pre-market session. The company's market cap stands at $63.0 million. Serve Robotics (NASDAQ:SERV) stock moved upwards by 7.83% to $3.04. Connexa Sports Techs (NASDAQ:YYAI) stock moved upwards by 7.26% to $0.95. The market value of their outstanding shares is at $175.1 million. Visionary Holdings (NASDAQ:GV) stock rose 7.06% to $0.16. The market value of their outstanding shares is at $8.2 million. Mobileye Global (NASDAQ:MBLY) stock moved upwards by 6.87% to $33.26. The company's market cap stands at $26.8 billion. As per the press release, Q1 earnings came out today. Big Lots (NYSE:BIG) shares in
Gainers Sonder Holdings (NASDAQ:SOND) shares increased by 18.2% to $5.52 during Wednesday's pre-market session. The market value of their outstanding shares is at $61.0 million. Vision Marine (NASDAQ:VMAR) stock rose 16.43% to $0.6. The market value of their outstanding shares is at $7.2 million. As per the news, the Q2 earnings report came out 2 days ago. Children's Place (NASDAQ:PLCE) shares rose 13.92% to $8.1. The company's market cap stands at $101.0 million. Kidpik (NASDAQ:PIK) stock increased by 10.1% to $4.03. The company's market cap stands at $7.8 million. Interactive Strength (NASDAQ:TRNR) stock moved upwards by 5.29% to $0.2. The company's market cap stands at $3.9 million.
The Dow Jones index closed higher by more than 200 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Retractable Technologies The Trade: Retractable Technologies, Inc. (NYSE:RVP) President and CEO Thomas J Shaw acquired a total of 2,235 shares an average price of $1.20. To acquire these shares, it cost around $2,682. What’s Happening: On N
Telsey Advisory Group analyst Dana Telsey reiterates Grove Collaborative Hldgs (NYSE:GROV) with a Outperform and maintains $3 price target.
Gainers Rush Street Interactive (NYSE:RSI) stock rose 16.9% to $6.3 during Wednesday's after-market session. The market value of their outstanding shares is at $451.1 million. As per the news, the Q4 earnings report came out today. Grove Collaborative Hldgs (NYSE:GROV) shares increased by 6.72% to $2.38. The market value of their outstanding shares is at $89.1 million. The company's, Q4 earnings came out today. JX Luxventure (NASDAQ:JXJT) shares moved upwards by 5.1% to $1.44. The company's market cap stands at $8.7 million. Golden Heaven Group Hldgs (NASDAQ:GDHG) shares moved upwards by 5.07% to $0.54. The company's market cap stands at $27.7 million. PetMed Express (NASDAQ:PETS) share