Grove Collaborative Holdings Inc (NYSE:GROV)
$ 1.08 -0.010 (-0.92%) Market Cap: 45.39 Mil Enterprise Value: 82.78 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 37/100

Q2 2025 Grove Collaborative Holdings Inc Earnings Call Transcript

Aug 7, 2025 / 09:00 PM GMT
Release Date Price: $1.29 (-2.27%)

Key Points

Positve
  • Grove Collaborative Holdings Inc (GROV) reported positive operating and total cash flow for the second quarter, highlighting disciplined cash management.
  • The company successfully migrated its e-commerce infrastructure to a modern, scalable platform, which is expected to enhance flexibility and efficiency.
  • Grove Collaborative Holdings Inc (GROV) expanded its third-party assortment, increasing the number of brands by 47% and individual products by 59% year over year.
  • The company improved its gross margin to 55.4%, up 150 basis points from the previous year, due to increased third-party vendor funding and improved promotional strategies.
  • Grove Collaborative Holdings Inc (GROV) is actively engaging with shareholders and has set up a working group with Human Co to unlock greater value through strategic initiatives.
Negative
  • Revenue for the second quarter was $44 million, down 15.5% year over year, indicating a decline in top-line performance.
  • The company experienced a decline in active customers, ending the quarter with 664,000, down 10.9% compared to the prior year.
  • Adjusted EBITA for the second quarter was negative $0.9 million, reflecting a negative 2.1% margin, primarily due to the e-commerce platform migration.
  • Grove Collaborative Holdings Inc (GROV) received a continued listing standard notice from the New York Stock Exchange due to its market capitalization falling below the $50 million threshold.
  • The company is still navigating short-term disruptions and headwinds, including the impact of reduced advertising spend in previous years.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

GROV.N - Grove Collaborative Holdings Inc
Q2 2025 Grove Collaborative Holdings Inc Earnings Call
Aug 07, 2025 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon and thank you for standing by. Welcome to Grove Collaborative Holdings Inc.s 2nd quarter 2025 earnings conference call. At this time, all lines have been placed on listen-only mode to prevent any background noise. Following the speaker's remarks, we will open up your lines for questions. As a reminder, this conference call is being recorded. Hosting today's call are Grove's CEO Jeff Yerkson and interim CFO Tom Saragusa.

Some of the statements made today about future prospects, financial results, business strategies, industry trends, and Grove's ability to successfully respond to business risks may be considered forward-looking, including statements relating to profitable growth leading to
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