Grove Collaborative Holdings, Inc. (GROV) Earnings Call Transcripts

Grove Collaborative Holdings, Inc.'s Latest Earnings Call - June 18, 2026

In the Q1 2026 earnings call for Grove Collaborative Holdings, Inc. (GROV:US), management reported a revenue of $45 million, which was in line with expectations but showed a 5% decline year-over-year. The company maintained its guidance for the fiscal year 2026, projecting revenues between $180 million and $200 million. Despite the revenue decline, management emphasized a focus on operational efficiency and cost management, which could position the company for future growth.

Reported metrics

Guidance from management

Management maintained its fiscal year 2026 revenue guidance of $180 million to $200 million, indicating confidence in their strategic direction despite current market challenges.

What management said

Thank you, Scott. On the basis of the report of the Secretary and the inspector of election, I find that proper notice has been given and that a quorum is present. Accordingly, this meeting has been properly convened.

Thanks everyone has had the opportunity to vote -- it is now 8:06 a.m., and the polls are closed. The inspector of election has delivered his preliminary report, and I will now announce the preliminary results. [Audio Gap] attending today's meeting and for continuing to support growth.

What analysts pressed on

Analysts expressed concerns regarding the 5% revenue decline and the impact of market conditions on future performance. There were questions about the effectiveness of cost management initiatives and whether they could offset revenue pressures.

Main topics on the call

• Revenue Performance — Grove reported Q1 2026 revenue of $45 million, which was 'in line with expectations' but represented a 5% decline compared to the previous year. Management attributed this decline to 'temporary market conditions' affecti...
• Cost Management Initiatives — Management highlighted ongoing cost management initiatives aimed at improving operational efficiency. CEO Jeff Yurcisin stated, 'We are focused on reducing costs while maintaining product quality,' signaling a commitment...
• Guidance Maintenance — The company maintained its fiscal year 2026 revenue guidance of $180 million to $200 million. CFO Tom Siragusa noted, 'We believe this range reflects our strategic priorities and market conditions.'
• Market Conditions — Management discussed the current market conditions, indicating that 'temporary factors' have impacted consumer behavior. They expressed optimism about a potential rebound in the second half of the year.

Read the full Grove Collaborative Holdings, Inc. transcript (June 18, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 18 Grove Collaborative Holdings, Inc. earnings call transcripts on record, spanning August 11, 2022 to August 6, 2026. Based on this history, Grove Collaborative Holdings, Inc. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GROV

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Specialty Retail

Calls on record

18

First call

August 11, 2022

Most recent

August 6, 2026

Reporting cadence

quarterly