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Grove laborative (GROV) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Net Loss was $3.4 million, (6.3%) margin, compared to $9.5 million, (15.8%) margin in the fourth quarter of 2023, and $13.1 million, (18.3%) margin in the first quarter of 2023. Adjusted EBITDA was positive $1.9 million, 3.5% margin, compared to positive $0.1 million, 0.2% margin in the fourth quarter of 2023, and negative $6.9 million, (9.6%) margin in the first quarter of 2023. 2 Grove Announces First Quarter 2024 Financial Results SAN FRANCISCO, CA — May 14, 2024 — Grove Collaborative Holdin ...