Grove Collaborative Holdings Inc (NYSE: GROV) |
|
Price: $1.5700
$-0.03
-1.875%
|
Day's High:
| $1.61
| Week Perf:
| 1.29 %
|
Day's Low: |
$ 1.49 |
30 Day Perf: |
1.95 % |
Volume (M): |
70 |
52 Wk High: |
$ 2.44 |
Volume (M$): |
$ 110 |
52 Wk Avg: |
$1.52 |
Open: |
$1.61 |
52 Wk Low: |
$1.19 |
|
|
Market Capitalization (Millions $) |
59 |
Shares
Outstanding (Millions) |
37 |
Employees |
871 |
Revenues (TTM) (Millions $) |
213 |
Net Income (TTM) (Millions $) |
-24 |
Cash Flow (TTM) (Millions $) |
-39 |
Capital Exp. (TTM) (Millions $) |
2 |
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
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Grove Collaborative Holdings Inc
Weak demand in the first quarter of 2024 has led to increased losses for Grove Collaborative Holdings Inc, with the company's net deficit per share growing to $-0.10 from $-0.08 compared to the same period last year. Revenue also took a hit, falling by a substantial -26.305% to $52.74 million from $71.57 million a year prior. This decline in revenue was a stark contrast to the previous quarter, where revenue had only deteriorated by -12.468%. Despite this, there was a slight improvement in earnings per share, which went from $-0.28 to $-0.10 per share.
|
Grove Collaborative Holdings Inc
As a Wall Street journalist, it is important to dissect the financial results of companies to provide investors with valuable insights. The recent fourth quarter earnings report of Grove Collaborative Holdings Inc, a player in the Internet, Mail Order, and Online Shops industry, paints a bleak picture. The company reported a sharp decline in revenue, down by -63.376% to $60.25 million, compared to the same period a year ago. Additionally, the net deficit per share expanded to $-0.28, from $-0.31 in the prior reporting season. Despite the negative financial performance, there are some promising signs for Grove Collaborative Holdings Inc. The company managed to reduce its net loss to $-9.466 million in the fourth quarter of 2023, a significant improvement from the $-36.515 million loss in the corresponding reporting season a year ago. Furthermore, the decrease in inventories to $28.8 million indicates a potential aligning of supply with future demand.
|
Grove Collaborative Holdings Inc
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
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
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.
|
Per Share |
Current |
Earnings (TTM) |
-0.7 $ |
Revenues (TTM) |
5.69 $
|
Cash Flow (TTM) |
- |
Cash |
1.36 $
|
Book Value |
0.04 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-0.7 $
|
Revenues (TTM) |
5.69 $ |
Cash Flow (TTM) |
- |
Cash |
1.36 $
|
Book Value |
0.04 $ |
Dividend (TTM) |
0 $ |
|
|
|
Grove Brands |
|
39.09 % |
of total Revenue |
Third-party products |
|
62.34 % |
of total Revenue |
|
|