Grove laborative (GROV) - 2023 Q4 - Annual Results
GROVGrove laborative (GROV)2024-03-07 05:32

Exhibit 99.1 Grove Announces Fourth Quarter and Full Year 2023 Financial Results • Fourth Quarter Adjusted EBITDA of 0.1million,positiveforthesecondquarterinarowPositiveFourthQuarterOperatingCashFlowof0.1 million, positive for the second quarter in a row • Positive Fourth Quarter Operating Cash Flow of 1.1M • Record Net Revenue per Order of $66.83 • Announces Fiscal 2024 Revenue and Adjusted EBITDA Guidance SAN FRANCISCO, CA — March 6, 2024 — Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and certified B Corpora ...