Grove Collaborative Sees Consecutive Quarter of Positive Adjusted EBITDA [Yahoo! Finance]
Grove Collaborative Holdings, Inc. Class A (GROV)
Company Research
Source: Yahoo! Finance
The sustainable consumer products company also said they ended the fourth quarter with $94.9 million in Cash, Cash equivalents, and Restricted Cash, an increase of $0.2 million versus the prior quarter. “I'm incredibly proud of the Grove Collaborative team and their hard work to deliver positive Adjusted EBITDA for the second quarter in a row, and Operating Cash Flow in two of the last three quarters, building momentum for the future as we continue on our path to being the most trusted brand for conscientious customers who are making the right choices for their families and the planet,” said Jeff Yurcisin, CEO of Grove Collaborative. “This past quarter has been the start of a critical business transformation as we create incentives for customers to build the most wallet- and planet-friendly box possible, and roll out a robust product pipeline prioritizing sustainability and convenience. Contact: executives-edge.com editor@executives-edge.com
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News
- 19 Reviewed-approved sustainable brands to shop on Earth Day [USA TODAY]USA TODAY
- Perks and Rec: The best countertop compost bin is on sale [USA TODAY]USA TODAY
- How to Engage Your Customers and Employees in Your Sustainability Efforts [Yahoo! Finance]Yahoo! Finance
- Grove Collaborative Launches Grove Co. Rebrand with New Ready-to-Use Assortment in Beautifully Sustainable Aluminum Packaging [Yahoo! Finance]Yahoo! Finance
- Grove Collaborative Launches Grove Co. Rebrand with New Ready-to-Use Assortment in Beautifully Sustainable Aluminum PackagingBusiness Wire
GROV
Sec Filings
- 4/10/24 - Form 4
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- GROV's page on the SEC website