Grove Collaborative Holdings Past Earnings Performance
Past criteria checks 0/6
Grove Collaborative Holdings has been growing earnings at an average annual rate of 31.6%, while the Specialty Retail industry saw earnings growing at 25.4% annually. Revenues have been declining at an average rate of 20.3% per year.
Key information
31.6%
Earnings growth rate
100.4%
EPS growth rate
| Specialty Retail Industry Growth | 26.6% |
| Revenue growth rate | -20.3% |
| Return on equity | -191.6% |
| Net Margin | -14.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Grove Collaborative Holdings, Inc. (NYSE:GROV)
Mar 02
Pinning Down Grove Collaborative Holdings, Inc.'s (NYSE:GROV) P/S Is Difficult Right Now
Nov 13Grove Collaborative: Can Be Quite Volatile Financially And Technically
Sep 08Analysts Have Been Trimming Their Grove Collaborative Holdings, Inc. (NYSE:GROV) Price Target After Its Latest Report
May 14Grove receives non-compliance notice from NYSE
Dec 20Grove Collaborative Holdings reports GAAP EPS of $0.05, revenue of $77.73M
Nov 10Grove Collaborative furthers retail expansion with entry into Harris Teeter and H-E-B
Oct 19Grove continues massive retail expansion
Sep 27Grove Collaborative climbs 10% on expanding retail footprint
Jul 07Revenue & Expenses Breakdown
How Grove Collaborative Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 241 | -35 | 136 | 16 |
| 31 Dec 23 | 259 | -44 | 156 | 16 |
| 30 Sep 23 | 273 | -47 | 168 | 15 |
| 30 Jun 23 | 289 | -29 | 189 | 17 |
| 31 Mar 23 | 303 | -53 | 225 | 19 |
| 31 Dec 22 | 322 | -88 | 273 | 23 |
| 30 Sep 22 | 335 | -107 | 277 | 25 |
| 30 Jun 22 | 352 | -152 | 301 | 25 |
| 31 Mar 22 | 372 | -145 | 295 | 24 |
| 31 Dec 21 | 384 | -136 | 294 | 23 |
| 30 Sep 21 | 389 | -117 | 285 | 21 |
| 31 Dec 20 | 364 | -72 | 224 | 19 |
| 31 Dec 19 | 233 | -163 | 233 | 14 |
Quality Earnings: GROV is currently unprofitable.
Growing Profit Margin: GROV is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GROV is unprofitable, but has reduced losses over the past 5 years at a rate of 31.6% per year.
Accelerating Growth: Unable to compare GROV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GROV is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-16.8%).
Return on Equity
High ROE: GROV has a negative Return on Equity (-191.58%), as it is currently unprofitable.