Grove Announces Fourth Quarter and Full Year 2023 Financial Results
Grove Collaborative Holdings, Inc. Class A (GROV)
Company Research
Source: Business Wire
Fourth Quarter Adjusted EBITDA of $0.1 million, positive for the second quarter in a rowPositive Fourth Quarter Operating Cash Flow of $1.1MRecord Net Revenue per Order of $66.83Announces Fiscal 2024 Revenue and Adjusted EBITDA Guidance SAN FRANCISCO--(BUSINESS WIRE)--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 Operating Cash Flow, and a new record for Net Revenue per Order. These results reflect progress in improving bottom-line-results, and set the Company up to deliver profitable sequential revenue growth in the second half of 2024.“I’m incredibly proud of the Grove Collaborative team and
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News
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- Grove Collaborative Launches Summer Limited Edition Collection with The Nature ConservancyBusiness Wire
- Grove to Report First Quarter 2024 Financial Results on May 14, 2024Business Wire
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- Perks and Rec: The best countertop compost bin is on sale [USA TODAY]USA TODAY
GROV
Sec Filings
- 5/2/24 - Form 4
- 4/10/24 - Form 4
- 4/5/24 - Form ARS
- GROV's page on the SEC website