Grove Collaborative Holdings, Inc. (GROV)

NYSE: GROV · Real-Time Price · USD
1.300
+0.020 (1.56%)
Nov 4, 2024, 4:00 PM EST - Market closed
1.56%
Market Cap 53.22M
Revenue (ttm) 227.25M
Net Income (ttm) -34.24M
Shares Out 40.94M
EPS (ttm) -0.95
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 67,063
Open 1.280
Previous Close 1.280
Day's Range 1.265 - 1.340
52-Week Range 1.185 - 2.490
Beta 0.97
Analysts Buy
Price Target 2.00 (+53.85%)
Earnings Date Nov 12, 2024

About GROV

Grove Collaborative Holdings, Inc. operates as a plastic neutral consumer products retailer in the United States. It offers household, personal care, beauty, and other consumer products through retail channels, third parties, direct-to-consumer platform, and mobile applications, as well as online store. The company is headquartered in San Francisco, California. [Read more]

Founded 2016
Employees 560
Stock Exchange NYSE
Ticker Symbol GROV
Full Company Profile

Financial Performance

In 2023, GROV's revenue was $259.28 million, a decrease of -19.36% compared to the previous year's $321.53 million. Losses were -$44.42 million, -49.36% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for GROV stock is "Buy" and the 12-month stock price forecast is $2.0.

Price Target
$2.0
(53.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Grove to Report Third Quarter 2024 Financial Results on November 12, 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative to report third quarter 2024 financial results on Tuesday, November 12 at 5:00PM ET, 2:00PM PT.

5 days ago - Business Wire

Grove to Report Second Quarter 2024 Financial Results on November 12, 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative to report third quarter 2024 financial results on Tuesday, November 12 at 5:00PM ET, 2:00PM PT.

5 days ago - Business Wire

Grove Collaborative Announces “Beyond Plastic™ Stay” Partnership Pilot with Crescent Hotels & Resorts

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Announced Partnership with Crescent Hotels & Resorts to Create a "Beyond Plastic™ Stay" to Support Eco-Conscious Travelers.

14 days ago - Business Wire

Grove Collaborative Announces $15M PIPE Investment from Volition Capital

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative Announces $15M PIPE Investment from Volition Capital.

6 weeks ago - Business Wire

Grove Collaborative Invests in Industry-Leading Tech Stack to Grow Customer Lifetime Value via Enhanced Customer Experiences

NEW YORK--(BUSINESS WIRE)---- $GROV--Grove Collaborative Announces Tech Stack Transition to Shopify, Ordergroove, Tapcart to Unlock Potential for Innovation and Scale.

7 weeks ago - Business Wire

Grove Collaborative Holdings, Inc. (GROV) Q2 2024 Earnings Call Transcript

Grove Collaborative Holdings, Inc. (NYSE:GROV) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Jeff Yurcisin - CEO Sergio Cervantes - CFO Conference Call Participants ...

3 months ago - Seeking Alpha

Grove Announces Second Quarter 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative Announces Second Quarter 2024 Financial Results, including Fourth Consecutive Positive Adjusted EBITDA Quarter.

3 months ago - Business Wire

Grove to Report Second Quarter 2024 Financial Results on August 8, 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative to report second quarter 2024 financial results on Thursday, August 8 at 5:00PM ET, 2:00PM PT.

3 months ago - Business Wire

Grove Collaborative Announces New Sustainability Goals, Recommits to Moving the Industry Beyond Plastic™

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Announces New Sustainability Goals, Updates on Plastic Free by 2025 Commitment, and Launches New Beyond Plastic™ Impact Tracker.

4 months ago - Business Wire

Grove Collaborative Holdings, Inc. (GROV) Q1 2024 Earnings Call Transcript

Grove Collaborative Holdings, Inc. (NYSE:GROV) Q1 2024 Earnings Call Transcript May 14, 2024 5:00 PM ET Company Participants Jeff Yurcisin - CEO Sergio Cervantes - CFO Conference Call Participants Su...

6 months ago - Seeking Alpha

Grove Collaborative Announces B Corporation Recertification & Releases 2023-2024 Sustainability Report

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative Announces Key Sustainability Updates, Including B Corporation Recertification and Launch of their 2023-2024 Sustainability Report.

6 months ago - Business Wire

Grove Announces First Quarter 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative Announces First Quarter 2024 Financial Results, including Third Consecutive Positive Adjusted EBITDA Quarter.

6 months ago - Business Wire

Grove Co.'s Bold, Sustainable Rebrand Recognized in The Dieline Awards 2024 Sustainable Packaging Category

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative's Flagship Grove Co. Rebrand Recognized with a Dieline Award for Sustainable Packaging.

6 months ago - Business Wire

Grove Collaborative Launches Summer Limited Edition Collection with The Nature Conservancy

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative Launches their Grove Co. Summer Limited Edition Collection in Partnership with The Nature Conservancy.

6 months ago - Business Wire

Grove to Report First Quarter 2024 Financial Results on May 14, 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative to report first quarter 2024 financial results on Tuesday, May 14 at 5:00PM ET, 2:00PM PT.

6 months ago - Business Wire

Grove Collaborative Launches Grove Co. Rebrand with New Ready-to-Use Assortment in Beautifully Sustainable Aluminum Packaging

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Ahead of Earth Month, Grove Collaborative Launches Grove Co. Rebrand with New Ready-to-Use Assortment in Beautifully Sustainable Aluminum Packaging.

7 months ago - Business Wire

Grove Collaborative Holdings, Inc. (GROV) Q4 2023 Earnings Call Transcript

Grove Collaborative Holdings, Inc. (NYSE:GROV) Q4 2023 Earnings Conference Call March 6, 2024 5:00 PM ET Company Participants Jeff Yurcisin - Chief Executive Officer Sergio Cervantes - Chief Financia...

8 months ago - Seeking Alpha

Grove Announces Fourth Quarter and Full Year 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative Shares Fourth Quarter and Full Year 2023 Financial Results, including its Second Consecutive Positive Adjusted EBITDA Quarter.

8 months ago - Business Wire

Grove to Report Fourth Quarter and Full Year 2023 Financial Results on March 6, 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative to report fourth quarter and full year 2023 financial results on Wednesday, March 6 at 5:00PM ET, 2:00PM PT.

9 months ago - Business Wire

Grove Collaborative Appoints Scott Giesler as General Counsel

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Scott Giesler joins Grove Collaborative as General Counsel, a leading sustainable consumer products company and world's first plastic-neutral retailer.

10 months ago - Business Wire

Grove Collaborative Surpasses 15 Million Pounds of Nature-Bound Single-Use Plastic Collected Through Plastic Neutrality Commitment & Partnerships

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV #beyondplastic--Grove Collaborative's plastic neutrality commitment surpasses 15M lbs of plastic collected and expands with launch of Beyond Plastic™ badging o...

10 months ago - Business Wire

Grove Collaborative Holdings, Inc. (GROV) Q3 2023 Earnings Call Transcript

Grove Collaborative Holdings, Inc. (NYSE:GROV) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Jeff Yurcisin - CEO Sergio Cervantes - CFO Conference Call Participant...

1 year ago - Seeking Alpha

Grove Announces Fiscal Third Quarter 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV #BeyondPlastic--Grove Collaborative Announces Fiscal Third Quarter 2023 Financial Results, including Positive Third Quarter Adjusted EBITDA - a first for the c...

1 year ago - Business Wire

Grove to Report Third Quarter 2023 Financial Results on November 9, 2023

SAN FRANCISCO--(BUSINESS WIRE)---- $GROV--Grove Collaborative to report third quarter 2023 financial results on Thursday, November 9 at 5:00PM ET, 2:00PM PT.

1 year ago - Business Wire

Grove Collaborative: Can Be Quite Volatile Financially And Technically

Grove Collaborative posted Q2 FY23 results with a decline in revenue and a net loss, despite cost control efforts. The technical chart of GROV is bearish, indicating a potential breakdown in the stock...

1 year ago - Seeking Alpha