GROV - Earnings announcements

Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or the "Company"), the world's first plastic neutral retailer and 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, 2026. Key First Quarter 2026 Financial Highlights: Total Net Revenue was $36.2 million, down 16.8% year-over-year Adjusted EBITDA was positive $0.3 million, compared to a loss of $1.6 million in the same period last year Net Loss was $1.0 million, compared to a Net Loss of $3.5 million in the same period last year Operating Cash Flow was negative $0.7 million, compared to nega

Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic-neutral retailer and a leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation today announced that it will report first quarter 2026 financial results after the market closes on Thursday, May 7, 2026. 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 +1 201-689-8537. A replay of the call will be available u

Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or the "Company"), the world's first plastic neutral retailer and a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today reported financial results for its fiscal fourth quarter and year ended December 31, 2025. Key Fourth Quarter 2025 Financial Highlights: Total Revenue was $42.4 million, down 14.3% year-over-year Adjusted EBITDA was $1.6 million, compared to a loss of $1.6 million in the prior-year period Net Loss was $1.6 million, compared to Net Loss of $12.6 million in the prior-year period Operating cash flow was breakeven, compared to $0.3 million in the prio

Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic-neutral retailer and a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation today announced that it will report fourth quarter and full year 2025 financial results after the market closes on Thursday, March 5, 2026. 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 +1 201-689-8537. A replay of the call wi

Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or the "Company"), the world's first plastic neutral retailer and a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today reported financial results for its fiscal third quarter ended September 30, 2025. Key Financial Highlights: (comparison vs prior year unless otherwise noted) Total Revenue was $43.7 million, down 9.4% year-over-year; down 0.7% versus Q2 Net Loss of $3.0 million, compared to Net Loss of $1.3 million in same period last year Adjusted EBITDA loss of $1.2 million, compared to breakeven in same period last year Executed a reduction in force in November

Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), the world's first plastic-neutral retailer and a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation today announced that it will report third quarter 2025 financial results after the market closes on Thursday, November 13, 2025. 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 +1 201-689-8537. A replay of the call will be avail

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, 2025. Key Financial Highlights: Total Revenue was $44.0 million, down 15.5% year-over-year; up 1.1% versus Q1 Net Loss of $3.6 million, compared to Net Loss of $10.1 million in same period last year Adjusted EBITDA of $(0.9) million, compared to $1.1 million in same period last year Operating Cash Flow of $1.0 million and Total Cash Flow of $0.4 million "At Grove, we remain fo

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 2025 financial results after the market closes on Thursday, August 7, 2025. 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 +1 201-689-8537. A replay of the call will be available

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, 2025. Key Financial Highlights: Total Revenue was $43.5 million, down 18.7% year over year; Q1 2025 includes a $2 - $3 million negative impact from the eCommerce platform migration Net Loss of $3.5 million, compared to Net Loss of $3.4 million in same period last year Adjusted EBITDA of $(1.6) million, compared to $1.9 million in same period last year Asset-Based-Loan Facility amended

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 first quarter 2025 financial results after the market closes on Wednesday, May 14, 2025. 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 +1 201-689-8537. A replay of the call will be available unt

Delivers Sequential Revenue Growth and Positive Operating Cash Flow in Fourth Quarter 2024 Highlights Recent Acquisitions of 8Greens, Grab Green Completes Voluntary $72 million Repayment of Term Debt in Fourth Quarter Announces Full Year 2025 Outlook 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 fourth quarter and full year ended December 31, 2024. "Throughout the quarter, we remained focused on driving profitability, strengthening our balance sheet, and acc

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 fourth quarter and full year 2024 financial results after the market closes on Tuesday, March 11, 2025. 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 +1 201-689-8537. A replay of the call will

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

Maintains 2023 revenue guidance, raises adjusted EBITDA guidance Records first Operating Cash Flow Positive Quarter Still expects to be near adjusted EBITDA break-even in Q3 Announces leadership changes; Jeff Yurcisin appointed new CEO; Stuart Landesberg to become Executive Chairman; John Replogle to become lead independent director Announces $10 million investment from Volition Capital Larry Cheng, Managing Partner of Volition Capital, Board Member at GameStop and Former Board member at Chewy, to join Grove's Board of Directors Introduces new Growth and Market Expansion Initiative Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), a leading sus

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 second quarter 2023 financial results after the market closes on Monday, August 14, 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 800-343-4849. International callers may dial 203-518-9848. Please note, the code "GROVE" is required for entry. A replay of the call will be available until August 28, 2023 and can

Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), a leading sustainable consumer products company and Certified B Corp, today announced that its Board of Directors approved a reverse stock split of the Company's common stock at a 1-for-5 ratio. On May 24, 2023, the Company's stockholders approved a reverse stock split of the Company's common stock using a split ratio of not less than 1-for-5 and not more than 1-for-25, with the final determination of a ratio within the split ratio range to be approved by the Company's Board of Directors. The reverse stock split is expected to be effective after market close on June 5, 2023 (the Effective Time). The Company's commo

Reports record Gross Margin; Raises FY Adjusted EBITDA margin guidance; maintains revenue guidance; expects to be at or near Adjusted EBITDA break-even in Q3, ahead of schedule 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 first fiscal quarter ended March 31, 2023. First Fiscal Quarter 2023 Financial Highlights: Our financial highlights reflect our progress to rapidly improve our bottom-line-results year-over-year and sequentially by increasing margins, creating operating efficiency, and eliminating less productive spend, in order to be profitabl

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 fiscal first quarter 2023 financial results after the market closes on Thursday, May 11, 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 (877) 413-7205. International callers may dial (201) 689-8537. A replay of the call will be available until May 25, 2023 and can be accessed by dialing (877) 660-6853 or (201)

Provides update on strategy to achieve sustainable profitable growth in 2024 Secures $35 million asset-based loan facility 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 fourth quarter and full fiscal year ended December 31, 2022. Strategic Update - Drive toward Profitability with Capital Efficient Growth: Grove's four-pronged value creation plan implemented in 2022 included: 1) improved marketing efficiency, 2) omni-channel expansion, 3) net revenue management, and 4) operating expense discipline, which allowed the Company to reduce net loss by $77

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 fiscal fourth quarter and full year 2022 financial results after the market closes on Tuesday, March 14, 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 (877) 413-7205. International callers may dial (201) 689-8537. A replay of the call will be available until March 28, 2023 and can be accessed by dialing (877)

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, 2022. Fiscal Third Quarter 2022 Financial Highlights: Our financial highlights reflect our continued efforts to eliminate unprofitable revenue and drive improved margins, on a sequential basis, in order to be profitable in 2024. Net revenue of $77.7 million, down 2% from the second quarter of 2022, and down 18% year-over-year Gross margin of 49.1%, in line with the second quarter of 2022, and down 130 basis points year-over-year Net income margin of 9.9%, an

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 2022 earnings results after the market closes on Thursday, November 10, 2022. 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 November 24, 2022 and can be accessed by dialing (877) 660-6853 or (201

Raises Full-Year Guidance 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 second quarter ended June 30, 2022. Fiscal Second Quarter 2022 Financial Highlights: Our financial highlights represent the beginnings of our efforts to eliminate unprofitable revenue and drive improved margins, on a sequential basis, in order to be profitable in 2024 Net revenue of $79.3 million, down 12% from the first quarter of 2022, and down 20% year-over-year Gross margin of 49.1%, up 190 basis points from the first quarter of 2022, and down 40 basis points year

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 second quarter 2022 earnings results after the market closes on Thursday, August 11, 2022. 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 (888) 428-7458. International callers may dial (404) 267-0368. A replay of the call will be available until September 9, 2022 and can be accessed by dialing (877) 660-6853 / (201) 61