Grove Collaborative Holdings, Inc. (GROV) Tops Q2 EPS by 106c
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Grove Announces Fiscal Second Quarter 2022 Financial Results
August 11, 2022 4:05 PM EDTRaises Full-Year 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 financial results for its fiscal second quarter ended June 30, 2022.
Fiscal Second Quarter 2022 Financial Highlights:
Our financial highlights represent the beginnings of our efforts to eliminate unprofitable revenue and drive improved margins, on a sequential basis, in order to be profitable in 2024
Net revenue of $79.3 million, down 12% from the first quarter of 2022, and down... More