Grove Collaborative Holdings Past Earnings Performance
Past criteria checks 0/6
Grove Collaborative Holdings has been growing earnings at an average annual rate of 35.4%, while the Specialty Retail industry saw earnings growing at 17% annually. Revenues have been declining at an average rate of 8% per year.
Key information
35.4%
Earnings growth rate
98.7%
EPS growth rate
| Specialty Retail Industry Growth | 26.6% |
| Revenue growth rate | -8.0% |
| Return on equity | -92.1% |
| Net Margin | -11.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Some Confidence Is Lacking In Grove Collaborative Holdings, Inc.'s (NYSE:GROV) P/S
Aug 11
Risks To Shareholder Returns Are Elevated At These Prices For Grove Collaborative Holdings, Inc. (NYSE:GROV)
Mar 02Pinning 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 |
|---|---|---|---|---|
| 30 Sep 24 | 214 | -25 | 120 | 18 |
| 30 Jun 24 | 227 | -34 | 126 | 17 |
| 31 Mar 24 | 241 | -35 | 136 | 16 |
| 31 Dec 23 | 259 | -44 | 156 | 16 |
| 30 Sep 23 | 273 | -47 | 179 | 16 |
| 30 Jun 23 | 289 | -29 | 200 | 19 |
| 31 Mar 23 | 303 | -53 | 236 | 20 |
| 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 35.4% 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 (-4.8%).
Return on Equity
High ROE: GROV has a negative Return on Equity (-92.08%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Grove Collaborative Holdings, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Susan Anderson | Canaccord Genuity |
| Dana Telsey | Telsey Advisory Group LLC |