Grove Collaborative Holdings, Inc. (GROV)

NYSE: GROV · IEX Real-Time Price · USD
1.630
+0.060 (3.82%)
At close: Apr 19, 2024, 4:00 PM
1.710
+0.080 (4.91%)
After-hours: Apr 19, 2024, 7:53 PM EDT
3.82%
Market Cap 62.23M
Revenue (ttm) 259.28M
Net Income (ttm) -44.42M
Shares Out 38.17M
EPS (ttm) -1.28
PE Ratio n/a
Forward PE 0.08
Dividend n/a
Ex-Dividend Date n/a
Volume 39,192
Open 1.545
Previous Close 1.570
Day's Range 1.545 - 1.700
52-Week Range 1.370 - 3.810
Beta 0.89
Analysts Buy
Price Target 3.00 (+84.05%)
Earnings Date May 9, 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
(84.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

22 days 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.

6 weeks 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.

2 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.

3 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...

3 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...

5 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.

6 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...

8 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...

8 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...

8 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 ...

9 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...

11 months 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...

11 months 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...

11 months 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

Grove Announces Fourth Quarter and Full Year 2022 Financial Results Ahead of Guidance

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 Fourth Quarter and Full Year 2022 Financial Results on March 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 ...

1 year ago - Business Wire

Grove Co. Launches New Limited Edition Collection with Drew Barrymore

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

Grove Co. Continues Retail Expansion with Amazon and Walmart Debut; Grove Collaborative Personal Care and Skincare Brands Reach Milestone of $1 Million Amazon Sales

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 o...

1 year ago - Business Wire

Grove Announces Refinancing of Existing Debt, Extending Maturity with Principal Payments Beginning in 2025

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 tha...

1 year ago - Business Wire

Grove Announces Receipt of Continued Listing Standards Notice from NYSE

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 it ...

1 year ago - Business Wire