Grove Collaborative Holdings Inc   (GROV)
Other Ticker:  
Price: $1.9300 $0.04 2.116%
Day's High: $1.99 Week Perf: 4.89 %
Day's Low: $ 1.74 30 Day Perf: 5.46 %
Volume (M): 48 52 Wk High: $ 3.81
Volume (M$): $ 93 52 Wk Avg: $1.68
Open: $1.90 52 Wk Low: $0.32

 Market Capitalization (Millions $) 68
 Shares Outstanding (Millions) 35
 Employees -
 Revenues (TTM) (Millions $) 363
 Net Income (TTM) (Millions $) -71
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 3

Grove Collaborative Holdings Inc
Grove Collaborative Holdings Inc is a San Francisco-based online retailer that specializes in eco-friendly household and personal care products. The company was founded in 2016 by Stuart Landesberg and focuses on providing sustainable and non-toxic alternatives to traditional cleaning and beauty products. Grove Collaborative offers a subscription-based model and delivers products directly to customers' doors. The company has grown rapidly in recent years and has gained a loyal customer base that appreciates its commitment to sustainability and convenience.

   Company Address: 1301 Sansome Street San Francisco 94111 CA
   Company Phone Number: 231-8527   Stock Exchange / Ticker: NYSE GROV
   GROV is expected to report next financial results on March 15, 2024.


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Grove Collaborative Holdings Inc

Internet Retailer's Deficit Skyrockets: Mail Order & Online Shops Company Reports Record Losses at Year-End 2023

Grove Collaborative Holdings Inc, a company in the Internet, Mail Order & Online Shops sector, has experienced significant gains in its stock value in both the short term and year to date. However, recent financial results for the July to September 2023 quarter reveal some concerning figures. This article will explore the impact of weak demand, revenue decline, increased losses, and inventory fluctuations on Grove Collaborative Holdings Inc's future prospects.
1. Increased Losses and Shortfall per Share:
During the third quarter of 2023, Grove Collaborative Holdings Inc saw a notable increase in losses, with a shortfall per share of -$0.31 compared to $0.05 in the same period last year. This indicates a substantial deterioration in profitability, raising concerns about the company's ability to generate sustainable earnings in the future.

Grove Collaborative Holdings Inc

Grove Collaborative Holdings Inc Defies Odds, Slashes Losses and Ignites Growth Amidst Challenging Times

Despite a challenging second quarter, Grove Collaborative Holdings Inc managed to reduce losses and improve its financial performance compared to the previous year. The company's strategic initiatives and resilient business model have positioned it well to navigate these uncertain times. This article explores the key financial numbers, highlights positive trends, and examines the potential for future growth.
Reduced Losses and Improved Earnings:
In the second quarter of 2023, Grove Collaborative Holdings Inc made notable progress in reducing losses. The company reported a loss of $-0.32 per share, significantly better than the $-1.06 per share loss in the same period the previous year. Additionally, the company's deficit shrank from $-0.08 per share in the previous quarter, showcasing a positive trend.

Grove Collaborative Holdings Inc

Grove Collaborative Holdings Inc Reports $71.565 Million Revenue for Q1 2023, but Caution Advised Due to Net Shortfall

As an artificial intelligence language model, I strive to provide objective and informative articles to assist investors in making informed decisions. In light of Grove Collaborative Holdings Inc's recent financial disclosures, investors should proceed with caution.
While the company reported $71.565 million in revenue in the fiscal time-frame ending March 31, 2023, this positive news is tempered by the fact that Grove Collaborative Holdings Inc reported a net shortfall of $-13.069 million in the same period. This represents a significant improvement from a deficit of $-23.552 million in the comparable reporting period a year earlier. However, an investor may want to wait until other factors are considered before making a decision.


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