Grove Collaborative Holdings, Inc. (GROV) Tops Q4 EPS by 1c, Offers Guidance

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Go back to Grove Collaborative Holdings, Inc. (GROV) Tops Q4 EPS by 1c, Offers Guidance

Grove Announces Fourth Quarter and Full Year 2022 Financial Results Ahead of Guidance

March 14, 2023 4:05 PM EDT

Provides update on strategy to achieve sustainable profitable growth in 2024

Secures $35 million asset-based loan facility

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 fourth quarter and full fiscal year ended December 31, 2022.

Strategic Update - Drive toward Profitability with Capital Efficient Growth:

Groves four-pronged value creation plan implemented in 2022 included: 1) improved marketing efficiency, 2) omni-channel expansion, 3) net revenue... More