{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-009415","form_type":"8-K","ticker":"GROV","cik":"0001841761","company_name":"Grove Collaborative Holdings, Inc.","filed_at":"2024-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.923375+00:00","generated_at":"2026-06-05T02:55:03.861064+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Grove Q4 2023 adjusted EBITDA positive; full-year revenue $259.3M, down 19.4%; guides FY2024 $215-225M","bullets":["Q4 net revenue $59.9M (-19.2% YoY); gross margin 54.4% (+740 bps YoY).","Q4 adjusted EBITDA $0.1M, positive second consecutive quarter; operating cash flow $1.1M.","Full-year 2023 net revenue $259.3M, down 19.4% YoY; net loss margin improved to (16.7%).","FY2024 guidance: net revenue $215-225M; adjusted EBITDA margin 0.0% to 1.0%.","DTC active customers down 33.2% YoY to 0.9M; net revenue per order record $66.83."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-009415","json":"https://secwatch.observer/filing/0001628280-24-009415.json","markdown":"https://secwatch.observer/filing/0001628280-24-009415.md","text":"https://secwatch.observer/filing/0001628280-24-009415.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1841761/000162828024009415/0001628280-24-009415-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1841761/000162828024009415/grov-20240306.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T02:55:03.861064+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"61ce7ad11a65927b59acc321d684d35f85188928","claim":"Grove Collaborative Holdings, Inc. reported fourth quarter and full year 2023 results: revenue $59.9 million. Guidance reaffirmed.","evidence_excerpt":"full year and expect the momentum to continue into 2025 where we plan to be growing and profitable for the entire year.” Fourth Quarter 2023 Financial Results Revenue, Net was $59.9 million, down 3.1% from the third quarter of 2023, and down 19.2% year-over-year. The sequential and year-over-year declines were driven by a decrease in Direct to Consumer (“DTC”) 1","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1841761/000162828024009415/0001628280-24-009415-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year 2023"},{"label":"Revenue","value":"$59.9 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}