Tom Saragusa
Interim Chief Financial Officer
Replay available
Grove Collaborative Holdings, Inc. (GROV) Q1 2025 Earnings Call
Grove Collaborative Holdings, Inc. (NYSE: GROV) Q1 2025 earnings conference call, held 2025-05-14. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Susan Anderson
Analyst, Canaccord Genuity
Jeff Yerkeson
Chief Executive Officer
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Grove Collaborative Holdings, Inc..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:02.473 Good afternoon, and thank you for standing by. 00:00:02.473 -- 00:00:07.396 Welcome to Grove Collaborative Holdings Incorporated First Quarter 2025 00:00:07.396 -- 00:00:12.339 Earnings Conference Call. At this time, all lines have been pleased to unmute to prevent 00:00:12.339 -- 00:00:17.402 any background noise. Following the speaker's remarks, we will open up your lines 00:00:17.402 -- 00:00:22.686 for questions. As a reminder, this conference call is being recorded. 00:00:22.686 -- 00:00:28.369 Hosting today's call are Grove's CEO, Jeff Yerkeson, and interim CFO, 00:00:28.369 -- 00:00:30.750 Tom Saragusa. 00:00:30.750 -- 00:00:35.953 Before they begin their prepared remarks, I will review the forward-looking statement, 00:00:35.953 -- 00:00:37.694 Safe Harbor. 00:00:37.694 -- 00:00:42.778 Some of the statements made today about future prospects, financial results, business 00:00:42.778 -- 00:00:47.861 strategies, industry trends, and Grove's ability to successfully respond 00:00:47.861 -- 00:00:53.024 to business risks may be considered forward-looking, including statements relating to 00:00:53.024 -- 00:00:56.206 revenue and profitability expectations, 00:00:56.206 -- 00:01:01.520 expansion of product assortment, and future improvements in net revenue 00:01:01.520 -- 00:01:06.682 per order and order frequency. The first quarter of 2025 being 00:01:06.682 -- 00:01:12.585 the lowest revenue quarter of 2025 and going forward, revenue improving 00:01:12.585 -- 00:01:15.967 through the second and third quarters of 2025. 00:01:15.967 -- 00:01:18.088 Fourth quarter 2025 revenue 00:01:18.088 -- 00:01:20.098 growth, 2025 00:01:20.810 -- 00:01:25.932 revenue declining approximately mid single digit to low double 00:01:25.932 -- 00:01:2...