Grove Collaborative sees FY25 revenue down mid-single digits to low double digit

First quarter revenue is still expected to be the lowest revenue quarter in 2025 and going forward. Revenue is expected to improve through the second and third quarters, leading to slight year-over-year growth in the fourth quarter. Full-year 2025 revenue is now expected to decline approximately mid-single-digit to low double digit percentage points year-over-year. Full-year 2025 Adjusted EBITDA is expected to be negative low single digit millions to positive low single digit millions.