Grove Collaborative Holdings, Inc. (GROV)

NYSE: GROV · IEX Real-Time Price · USD
1.750
+0.030 (1.74%)
Jul 2, 2024, 4:00 PM EDT - Market closed
1.74%
Market Cap 66.82M
Revenue (ttm) 241.26M
Net Income (ttm) -34.89M
Shares Out 38.18M
EPS (ttm) -1.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 21,134
Open 1.710
Previous Close 1.720
Day's Range 1.710 - 1.800
52-Week Range 1.370 - 3.810
Beta 0.94
Analysts Buy
Price Target 3.00 (+71.43%)
Earnings Date Aug 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 408
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 $3.0.

Price Target
$3.0
(71.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

1 day ago - Business Wire

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 weeks 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.

7 weeks 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.

7 weeks 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.

2 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.

2 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.

3 months ago - Business Wire

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.

4 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.

4 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.

5 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...

6 months ago - Business Wire

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...

8 months 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.

8 months ago - Business Wire

Sustainability, efficacy is an 'absolute priority' in Grove Collaborative products: Co-founder

Eco-friendly retailer Grove Collaborative (GROV) reported falling order numbers, users, and net revenue in its second-quarter earnings. Grove Collaborative's stock plummeted by over 90 percent since t...

11 months ago - Yahoo Finance

Grove Collaborative Announces Leadership Updates

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp, announced today leader...

11 months ago - Business Wire

Grove Announces Fiscal Second Quarter 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp, today reported financi...

11 months ago - Business Wire

Grove to Report Second Quarter 2023 Financial Results on August 14, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that ...

11 months ago - Business Wire

NYSE to Commence Delisting Proceedings with Respect to the Warrants of Grove Collaborative Holdings, Inc. (GROV WS)

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the redeemable warran...

1 year ago - Business Wire

Grove Collaborative Releases Annual Sustainability Report

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp, today released its fou...

1 year ago - Business Wire

Grove Collaborative Announces 1-for-5 Reverse Stock Split

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp, today announced that i...

1 year ago - Business Wire

Grove Co. Announces New Retail Partnerships with Kroger, Costco and Hannaford

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp, today announced anothe...

1 year ago - Business Wire

Grove Announces First Fiscal Quarter 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today reported financ...

1 year ago - Business Wire

Grove to Report First Quarter 2023 Financial Results on May 11, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that ...

1 year ago - Business Wire

Grove to Present at the Canaccord Genuity eCommerce Sustainable Advantage Forum

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that ...

1 year ago - Business Wire

Grove Collaborative Launches Grove Wellness, a Personalized Online Health and Wellness Hub

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp™, today announced the l...

1 year ago - Business Wire