Launched in 2016 as a Certified B Corp, Grove Collaborative Holdings, Inc. (NYSE: GROV) is transforming consumer products into a positive force for human and environmental good. Driven by the belief that sustainability is the only future, Grove creates and curates more than 200 high-performing eco-friendly brands of household cleaning, personal care, health and wellness, laundry, clean beauty, baby, and pet care products serving millions of households across the U.S. each year. With a flexible monthly delivery model and access to knowledgeable Grove Guides, Grove makes it easy for everyone to build sustainable routines and Be a Force of Nature.
Company profile
Ticker
GROV
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Virgin Group Acquisition Corp. II
SEC CIK
Corporate docs
Subsidiaries
Grove Collaborative, Inc. ...
GROV stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
S-8
Registration of securities for employees
20 Mar 24
10-K
2023 FY
Annual report
20 Mar 24
8-K
Grove Announces Fourth Quarter and Full Year 2023 Financial Results
6 Mar 24
8-K
Amendments to Articles of Incorporation or Bylaws
30 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Grove Announces Fiscal Third Quarter 2023 Financial Results
9 Nov 23
EFFECT
Notice of effectiveness
20 Sep 23
Transcripts
GROV
Earnings call transcript
2023 Q4
6 Mar 24
GROV
Earnings call transcript
2023 Q3
9 Nov 23
GROV
Earnings call transcript
2023 Q2
14 Aug 23
GROV
Earnings call transcript
2023 Q1
11 May 23
GROV
Earnings call transcript
2022 Q4
14 Mar 23
GROV
Earnings call transcript
2022 Q3
12 Nov 22
GROV
Earnings call transcript
2022 Q2
12 Aug 22
Latest ownership filings
4
Christopher Clark
10 Apr 24
4
Christopher Clark
2 Apr 24
SC 13D/A
Sculptor Capital Management, Inc.
21 Mar 24
4
JOHN B REPLOGLE
13 Mar 24
4
Sir Richard Branson
12 Mar 24
4
Jeffrey Michael Yurcisin
12 Mar 24
4
Stuart Landesberg
11 Mar 24
4
Jeffrey Michael Yurcisin
11 Mar 24
4
Christopher Clark
1 Mar 24
4
Sergio Cervantes
28 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 94.75 mm | 94.75 mm | 94.75 mm | 94.75 mm | 94.75 mm | 94.75 mm |
Cash burn (monthly) | (no burn) | 753.75 k | 3.27 mm | 5.23 mm | 1.18 mm | 1.32 mm |
Cash used (since last report) | n/a | 5.02 mm | 21.78 mm | 34.83 mm | 7.84 mm | 8.78 mm |
Cash remaining | n/a | 89.72 mm | 72.96 mm | 59.91 mm | 86.90 mm | 85.96 mm |
Runway (months of cash) | n/a | 119.0 | 22.3 | 11.5 | 73.9 | 65.2 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 34 |
Opened positions | 9 |
Closed positions | 9 |
Increased positions | 5 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 23.54 bn |
Total shares | 90.78 mm |
Total puts | 12.30 k |
Total calls | 27.20 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Virgin Group Acquisition Sponsor II | 33.24 mm | $156.25 mm |
Norwest Venture Partners XIII | 15.99 mm | $0.00 |
YA II PN | 9.56 mm | $0.00 |
SCU Sculptor Capital Management | 8.61 mm | $3.70 mm |
NextView Ventures II | 6.48 mm | $0.00 |
Volition Capital Advisors IV | 4.74 mm | $10.24 mm |
NVP Associates | 2.94 mm | $7.83 bn |
Mayfield XV, A Cayman Islands Exempted Limited Partnership | 1.91 mm | $3.70 mm |
MS Morgan Stanley | 1.46 mm | $3.90 bn |
Sculptor Capital | 1.19 mm | $3.17 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Apr 24 | Christopher Clark | Class A Common Stock | Sell | Dispose S | No | No | 1.66 | 558 | 926.28 | 94,956 |
9 Apr 24 | Christopher Clark | Class A Common Stock | Sell | Dispose S | No | No | 1.67 | 3,502 | 5.85 k | 95,514 |
1 Apr 24 | Christopher Clark | Class A Common Stock | Sell | Dispose S | No | No | 1.63 | 2,425 | 3.95 k | 99,016 |
11 Mar 24 | Jeffrey Michael Yurcisin | Class A Common Stock | Buy | Acquire P | No | No | 1.85 | 5,406 | 10.00 k | 25,823 |
11 Mar 24 | John B Replogle | Class A Common Stock | Buy | Acquire P | No | No | 1.93 | 25,900 | 49.99 k | 349,605 |
8 Mar 24 | Stuart Landesberg | Class A Common Stock | Buy | Acquire P | No | No | 2.15 | 10,800 | 23.22 k | 965,614 |
News
11 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
17 Apr 24
Brightcove And 2 Other Stocks Under $3 Insiders Are Buying
13 Mar 24
Telsey Advisory Group Reiterates Outperform on Grove Collaborative Hldgs, Maintains $3 Price Target
7 Mar 24
11 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session
6 Mar 24
Grove Collaborative Hldgs Q4 2023 GAAP EPS $(0.270) Misses $(0.230) Estimate, Sales $59.857M Miss $61.450M Estimate
6 Mar 24