Grove Collaborative (NYSE:GROV) Issues Earnings Results, Beats Estimates By $0.04 EPS

Grove Collaborative (NYSE:GROV) posted its quarterly earnings results on Tuesday. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.04, FiscalAI reports. The firm had revenue of $36.82 million for the quarter, compared to the consensus estimate of $37.35 million.

Here are the key takeaways from Grove Collaborative’s conference call:

• Revenue remained under pressure: third-quarter net revenue fell 15.8% year over year to $36.8 million, and active customers declined 30.6%. Revenue did rise 0.7% sequentially, while higher revenue per DTC order partly offset fewer customers and orders.
• Grove reported $0.1 million in GAAP net income and $1.4 million in Adjusted EBITDA, its fourth consecutive quarter of positive Adjusted EBITDA. The $1.2 million tariff refund boosted reported results, though management said Adjusted EBITDA remained positive without it; operating expenses fell 22% year over year.
• The company expects fourth-quarter revenue to be modestly below the third quarter, partly because it does not expect a comparable QVC special-value program; DTC revenue is forecast to be approximately flat sequentially. Full-year 2026 guidance is $144 million–$146 million in revenue and $1 million–$2 million in Adjusted EBITDA.
• Management is targeting a return to year-over-year revenue growth in 2027, citing a broader health-focused assortment, customer reactivation, Amazon expansion, and improvements to the shopping experience, including a planned AI assistant and simpler Autoship. These initiatives are plans, and the company did not provide a quarterly growth timeline.

Grove Collaborative Stock Up 0.6%

Shares of GROV stock traded up $0.01 during trading on Wednesday, reaching $1.11. 3,697 shares of the company’s stock were exchanged, compared to its average volume of 63,084. The stock has a market capitalization of $47.27 million, a PE ratio of -5.84 and a beta of 1.05. Grove Collaborative has a twelve month low of $0.86 and a twelve month high of $1.55. The firm’s fifty day moving average price is $1.05 and its 200-day moving average price is $1.19.

Insider Transactions at Grove Collaborative

In other Grove Collaborative news, Director Jason Karp purchased 55,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was acquired at an average price of $1.03 per share, with a total value of $56,650.00. Following the acquisition, the director directly owned 575,000 shares of the company’s stock, valued at $592,250. This trade represents a 10.58% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Over the last three months, insiders acquired 95,825 shares of company stock worth $99,708. Company insiders own 30.30% of the company’s stock.

Wall Street Analysts Forecast Growth

GROV has been the topic of several recent analyst reports. Zacks Research upgraded shares of Grove Collaborative to a “hold” rating in a research note on Friday, October 2nd. Weiss Ratings downgraded shares of Grove Collaborative from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, October 29th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

Grove Collaborative Company Profile

Grove Collaborative Holdings, Inc. operates an online marketplace focused on natural and environmentally conscious household, personal care and beauty products. The company offers cleaning supplies, laundry products, paper goods, personal care items, cosmetics, wellness products and pet-care essentials through its digital platform. Grove sells products under its own brands, including Grove Co., as well as products from selected third-party brands. Its platform is designed to support recurring purchases and convenient home delivery, while emphasizing ingredient transparency, sustainability and reduced packaging impact.