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Grove Collaborative Holdings, Inc. (GROV) Q1 2026 Earnings Call Transcript

Seeking Alpha·SA Transcripts·25 days ago
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Operator Good afternoon, and thank you for standing by. Welcome to Grove Collaborative Holdings, Inc.'s First Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded. Hosting today's call are Grove's CEO, Jeff Yurcisin; and CFO, Tom Siragusa. Some of the statements made today about future prospects, financial results, business strategies, industry trends and Grove's ability to successfully respond to business risks may be considered forward-looking, including statements relating to the first quarter of 2026, representing the revenue trough for the year. Our 2026 strategy, revenue and operating leverage growing sequentially throughout the year, scaling of future customer acquisition costs and prioritizing paybacks and lifetime value, gradually increasing advertising expense and guidance for 2026, including guidance relating to revenue and adjusted EBITDA.…

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