Brief: Grove Collaborative Q2 EPS USD -0.1

Grove Collaborative Holdings

07/08/2025 21:22

Overview

Grove Q2 revenue falls 15.5% yr/yr to $44.0 mln, sequentially up 1.1%

Net loss improves to $3.6 mln from $10.1 mln last year

Adjusted EBITDA negative $0.9 mln, down from $1.1 mln last year

Outlook

Grove expects Q3 revenue to improve, Q4 revenue to grow year-over-year

Full-year 2025 revenue expected to decline mid-single to low-double digits

Company anticipates full-year 2025 Adjusted EBITDA to be negative to breakeven

Grove to continue investing in advertising for topline growth

Result Drivers

ADVERTISING IMPACT - Reduced advertising investment in previous years led to a smaller active subscriber base, affecting revenue

ECOMMERCE DISRUPTION - Temporary disruptions from eCommerce platform migration impacted revenue

PROMOTIONAL EFFICIENCY - Improved gross margin driven by reduced discounting and increased vendor funding

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
-$0.1
Q2 Net Income
-$3.63 mln
Q2 Gross Profit
$24.40 mln
Q2 Operating Income
-$3.49 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for Grove Collaborative Holdings Inc is $3.00, about 56% above its August 6 closing price of $1.32

Press Release: ID:nBw9ZjccZa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)