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Stock impact report

Grove Announces Third Quarter 2024 Financial Results

Grove Collaborative Holdings, Inc. Class A (GROV) 
Company Research Source: Business Wire
Delivers Third Quarter 2024 Positive Operating Cash Flow of $0.8 MillionRaises $15M PIPE Investment from Volition CapitalAnnounces Exit from Brick & Mortar Retail Channel, Doubles Down on Direct-to-Consumer foundationShifts Strategic Focus to Equal Balance Between Both Environmental and Human Health in Customer Education, OfferingAnnounces Revised Full Year 2024 Revenue Guidance  SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), the world’s first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, today reported financial results for its fiscal third quarter ended September 30, 2024."We are making essential progress in our multi-year turnaround journey," said Jeff Yurcisin, Chief Executive Officer of Grove Collaborative. "First, we want to reinforce that, amidst this transformation, our priorities remain clear: drive profitability, strengthen our Show less Read more
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