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Revenue was $52.1 million, down 2.7% from the first quarter of 2024.
August 8, 2024
By: Lianna Albrizio
Associate Editor
Grove Collaborative Holdings, Inc., a sustainable consumer products company, reported revenue was in Q2 2024 was $52.1 million, down 2.7% from the prior-year quarter. Officials attribute the decline to a decline in orders, partially offset by an increase in net revenue per order. “I am proud of our progress on delivering Adjusted EBITDA profitability, strengthening our balance sheet, stabilizing revenue, and leveraging sustainability as our point of differentiation,” said CEO Jeff Yurcisin...
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