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Articles from Grove Collaborative Holdings, Inc.

Grove Collaborative Announces 8Greens Acquisition
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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 announced it has completed the purchase of substantially all of the assets of 8Greens, an early natural wellness company and one of the first brands to create daily greens supplements in gummy and effervescent tablet formats. This acquisition provides a strong foothold for Grove to continue its expansion into wellness, support customers’ needs for quality supplements, and partner with a beloved brand to educate on human health.
Grove Announces Fourth Quarter and Full Year 2024 Financial Results
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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 fourth quarter and full year ended December 31, 2024.
Grove to Report Fourth Quarter and Full Year 2024 Financial Results on March 11, 2025
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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 announced that it will report fourth quarter and full year 2024 financial results after the market closes on Tuesday, March 11, 2025.
By Grove Collaborative Holdings, Inc. · Via Business Wire · February 25, 2025
Grove Collaborative Launches Spring Limited Edition Collection with The 5 Gyres Institute
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), the world’s first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, announced the launch of its new Grove Co. Spring Limited Edition Collection with The 5 Gyres Institute. As the Company’s non-profit plastics research and advocacy partner since 2019, 5 Gyres and Grove Co. collaborated on a collection that celebrates the beauty and power of our world’s oceans through fragrance and design while prioritizing sustainability and healthier ingredients in the lines’ formulations and packaging. This partnership also supports 5 Gyres’ ongoing work in the global movement around the global health crisis of plastic pollution.
By Grove Collaborative Holdings, Inc. · Via Business Wire · February 24, 2025
Grove Collaborative Announces Asset Purchase Agreement with Grab Green
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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 announced it has completed the purchase of substantially all of the assets of eco-friendly, effective cleaning products pioneer Grab Green. This strategic acquisition underscores and reaffirms Grove’s mission to make consumer products a force for environmental and human good while strengthening the Company’s position as a leader in home cleaning.
By Grove Collaborative Holdings, Inc. · Via Business Wire · February 11, 2025
Grove Launches New “Home Planet” Blog, Customer Resource to Provide Trusted Information on Environmental and Human Health
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), the world’s first plastic neutral retailer, a leading sustainable consumer products company, certified B Corporation, and Public Benefit Corporation, is excited to announce the launch of its new blog, Home Planet, a dynamic platform designed to be a trusted resource for actionable information on environmental and human health. This initiative underscores Grove’s commitment to building long-term relationships with customers by focusing on shared values and leveraging the Company’s expertise through meaningful content.
Grove Announces Third Quarter 2024 Financial Results
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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.
By Grove Collaborative Holdings, Inc. · Via Business Wire · November 12, 2024
Grove to Report Third Quarter 2024 Financial Results on November 12, 2024
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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 announced that it will report third quarter 2024 financial results after the market closes on Tuesday, November 12, 2024.
Grove Collaborative Announces “Beyond Plastic™ Stay” Partnership Pilot with Crescent Hotels & Resorts
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation announced the launch of a new partnership pilot with hotel management company Crescent Hotels & Resorts. The two brands are working together to develop a Beyond Plastic™ Stay at a number of properties across the U.S., meeting the needs of eco-conscious travelers who are looking to reduce the environmental impact of their business and personal travel.
Grove Collaborative Announces $15M PIPE Investment from Volition Capital
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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 announced a $15 million investment from Volition Capital (“Volition”), a leading growth equity firm.
By Grove Collaborative Holdings, Inc. · Via Business Wire · September 23, 2024
Grove Announces Second Quarter 2024 Financial Results
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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 second quarter ended June 30, 2024.
Grove to Report Second Quarter 2024 Financial Results on August 8, 2024
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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 announced that it will report second quarter 2024 financial results after the market closes on Thursday, August 8, 2024.
Grove Collaborative Announces New Sustainability Goals, Recommits to Moving the Industry Beyond Plastic™
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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 announced new sustainability goals and an update to its Plastic Free by 2025 commitment.
Grove Collaborative Announces B Corporation Recertification & Releases 2023-2024 Sustainability Report
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), the world’s first plastic neutral retailer, leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation today launched its fifth annual Sustainability Report for 2023-2024. The comprehensive report provides detailed updates on key company commitments, progress, and partnerships across material issues relating to Grove’s business, including plastic, carbon, forest health, ingredient standards, and justice and equity. Grove today also announced their B Corporation recertification by B Labs with a score of 100.9 points. The progress on key programs in the past calendar year and improved metrics of Grove’s entire social and environmental impact reinforce Grove’s continued commitment to transform the consumer products industry into a positive force for human and environmental health.
Grove Announces First Quarter 2024 Financial Results
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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 first quarter ended March 31, 2024.
Grove Collaborative Launches Summer Limited Edition Collection with The Nature Conservancy
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation announced the launch of its new Grove Co. Summer Limited Edition Collection with The Nature Conservancy. As the Company’s conservation partner since 2023, The Nature Conservancy and Grove Co. brand conceptualized a sustainable collection of home care essentials inspired by seasonal scents from the Alaskan rainforest, which was created by Grove. The collection celebrates the ongoing work to support conservation across two million acres of the Emerald Edge temperate rainforest in Southeast Alaska, led by Indigenous peoples in partnership with The Nature Conservancy and supported by Grove Collaborative.
Grove to Report First Quarter 2024 Financial Results on May 14, 2024
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company, certified B Corporation™, and Public Benefit Corporation today announced that it will report first quarter 2024 financial results after the market closes on Tuesday, May 14, 2024.
Grove Collaborative Launches Grove Co. Rebrand with New Ready-to-Use Assortment in Beautifully Sustainable Aluminum Packaging
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation, today announced a rebrand and product launches for its flagship owned brand, Grove Co., ahead of Earth Month. As part of a new brand strategy centered on customer needs and sustainability, the Company is providing updates on key sustainability initiatives and core partnerships to continue leading the industry beyond its reliance on single-use plastic waste.
Grove Announces Fourth Quarter and Full Year 2023 Financial Results
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corporation, today reported fourth quarter and full year 2023 financial results for the year ended December 31, 2023.
Grove to Report Fourth Quarter and Full Year 2023 Financial Results on March 6, 2024
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corporation™, today announced that it will report fourth quarter and full year 2023 financial results after the market closes on Wednesday, March 6, 2024.
By Grove Collaborative Holdings, Inc. · Via Business Wire · February 22, 2024
Grove Collaborative Appoints Scott Giesler as General Counsel
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corporation, announced today the appointment of Scott Giesler as General Counsel. Joining the executive leadership team, Mr. Giesler will report to Jeff Yurcisin, Chief Executive Officer. In this position, Mr. Giesler will oversee the Company’s overall legal function.
Grove Collaborative Surpasses 15 Million Pounds of Nature-Bound Single-Use Plastic Collected Through Plastic Neutrality Commitment & Partnerships
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corporation, today announced that the company’s commitment to plastic neutrality has recovered more than 15 million pounds of single-use plastic from the environment since 2020. These ocean- and nature-bound plastics are removed from the environment through Grove’s partnership with plastic recovery platforms, such as rePurpose Global — the world’s leading Plastic Action Platform.
Grove Announces Fiscal Third Quarter 2023 Financial Results
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp, today reported financial results for its fiscal third quarter ended September 30, 2023.
Grove to Report Third Quarter 2023 Financial Results on November 9, 2023
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that it will report third quarter 2023 financial results after the market closes on Thursday, November 9, 2023.
Grove Collaborative Announces Leadership Updates
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp, announced today leadership changes to align the Company more closely with future growth and market expansion initiatives.
Grove Announces Fiscal Second Quarter 2023 Financial Results
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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, 2023.
Grove to Report Second Quarter 2023 Financial Results on August 14, 2023
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that it will report second quarter 2023 financial results after the market closes on Monday, August 14, 2023.
Grove Collaborative Releases Annual Sustainability Report
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp, today released its fourth annual Sustainability Report for 2022-2023. The comprehensive report introduces new company sustainability initiatives, including an update on the Company’s roadmap to be plastic free, and reaffirms its mission to transform the consumer products industry into a positive force for human and environmental health.
Grove Collaborative Announces 1-for-5 Reverse Stock Split
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp, today announced that its Board of Directors approved a reverse stock split of the Company’s common stock at a 1-for-5 ratio. On May 24, 2023, the Company’s stockholders approved a reverse stock split of the Company’s common stock using a split ratio of not less than 1-for-5 and not more than 1-for-25, with the final determination of a ratio within the split ratio range to be approved by the Company’s Board of Directors.
Grove Co. Announces New Retail Partnerships with Kroger, Costco and Hannaford
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp, today announced another significant retail expansion for Grove Co., its flagship home care brand. The Company added three retailers - Kroger, Costco and Hannaford - marking further progress in its omni-channel distribution expansion strategy. The latest retail additions brings the Company’s retail footprint to over 5,700 brick-and-mortar stores.
Grove Announces First Fiscal Quarter 2023 Financial Results
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today reported financial results for its first fiscal quarter ended March 31, 2023.
Grove to Report First Quarter 2023 Financial Results on May 11, 2023
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that it will report fiscal first quarter 2023 financial results after the market closes on Thursday, May 11, 2023.
Grove to Present at the Canaccord Genuity eCommerce Sustainable Advantage Forum
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that the Company will participate virtually in the upcoming Canaccord Genuity eCommerce Sustainable Advantage Forum.
Grove Announces Fourth Quarter and Full Year 2022 Financial Results Ahead of Guidance
Grove Collaborative Holdings, Inc. (NYSEGROV) (“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.
Grove to Report Fourth Quarter and Full Year 2022 Financial Results on March 14, 2023
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that it will report fiscal fourth quarter and full year 2022 financial results after the market closes on Tuesday, March 14, 2023.
Grove Co. Launches New Limited Edition Collection with Drew Barrymore
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corp™, today announced the launch of its new Grove Co. Fresh Horizons Limited Edition Collection with Drew Barrymore. An investor and the Company’s Global Brand & Sustainability Advocate, Drew collaborated with the Grove Co. brand and innovation teams to create a sustainable collection of bright and colorful home care essentials inspired by her optimistic spirit and the natural beauty of the environment. The products were designed to infuse homes with a sense of uplifting vibrancy this spring and empower everyone to take collective action to protect the future of our planet.
Grove Announces Refinancing of Existing Debt, Extending Maturity with Principal Payments Beginning in 2025
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that it has entered into a new Loan and Security Agreement (the “Loan Agreement”) providing for a four-year $72.0 million term loan.
By Grove Collaborative Holdings, Inc. · Via Business Wire · December 27, 2022
Grove Announces Receipt of Continued Listing Standards Notice from NYSE
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced it has received notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the average per share trading price of its common stock (the “Common Stock”) was below the NYSE’s continued listing standard rule relating to minimum average share price. Rule 802.01C of the NYSE’s Listed Company Manual requires that a company’s common stock trade at a minimum average closing price of $1.00 over a consecutive 30 trading-day period.
By Grove Collaborative Holdings, Inc. · Via Business Wire · December 20, 2022
Grove Announces Participation in the Morgan Stanley Global Consumer & Retail Conference
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that the Company will participate in the upcoming Morgan Stanley Global Consumer & Retail Conference being held at the InterContinental New York Barclay.
By Grove Collaborative Holdings, Inc. · Via Business Wire · November 30, 2022
Grove Collaborative Announces Investment from HumanCo Along with Strategic Partnership
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced it has entered into a strategic partnership with HumanCo Investments, a subsidiary of HumanCo, the mission-driven health and wellness holding company co-founded by Jason H. Karp and Ross Berman. HumanCo and Grove are partnering with the intention of finding one or more scale, synergistic M&A opportunities which HumanCo would have an opportunity to fund with up to $100 million of new capital.
By Grove Collaborative Holdings, Inc. · Via Business Wire · November 11, 2022
Grove Announces Fiscal Third Quarter 2022 Financial Results and Raises Full-Year Guidance
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today reported financial results for its fiscal third quarter ended September 30, 2022.
By Grove Collaborative Holdings, Inc. · Via Business Wire · November 10, 2022
Grove to Report Third Quarter Fiscal 2022 Financial Results on November 10, 2022
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that it will report third quarter 2022 earnings results after the market closes on Thursday, November 10, 2022.
Grove Announces Participation in the Piper Sandler Growth Frontiers Conference
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that the Company will participate in the upcoming Piper Sandler Growth Frontiers Conference. The Company will host a fireside chat presentation at 3:30 p.m. Eastern Time / 12:30 p.m. Pacific Time on Tuesday, September 13, 2022.
By Grove Collaborative Holdings, Inc. · Via Business Wire · September 12, 2022
CORRECTING and REPLACING Grove Announces Fiscal Second Quarter 2022 Financial Results
Please replace the release dated Aug. 11, 2022 with the following corrected version. In the Condensed Consolidated Statements of Operations table, please note the addition of (As Restated) to the 2021 columns. Also note that the 2021 figures in the last two rows of the table have been replaced, as the weighted-average shares outstanding used in computing net loss per share attributable to common stockholders, basic and diluted for the three and six months ended June 30, 2021 were incorrect. As a result of this error, the net loss per share attributable to common stockholders, basic and diluted, was overstated by $0.59 and $0.96 for the three and six months ended June 30, 2021, respectively.
Grove to Report Second Quarter Fiscal 2022 Financial Results on August 11, 2022
Grove Collaborative Holdings, Inc. (NYSEGROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corp™, today announced that it will report second quarter 2022 earnings results after the market closes on Thursday, August 11, 2022.