Who bought Grove?

Grove Collaborative officially went public June 17, 2022, on the New York Stock Exchange via its SPAC merger with Richard Branson's Virgin Group Acquisition Corp. 2022 Q1 revenue declined by 11% compared to Q1 2021.

Did Grove get bought out?

A blank-check company backed by British billionaire Richard Branson's Virgin Group is merging with natural-consumer-products seller Grove Collaborative Inc. to take it public in a deal the companies value at $1.5 billion, the companies said Wednesday.

Who is the CEO of Grove?

Stuart Landesberg

Landesberg is the President and Chief Executive Officer of Grove. Mr. Landesberg co-founded Grove Collaborative in 2012 and has served as its Chief Executive Officer since inception. Prior to co-founding Grove, he worked for TPG Capital, where he was involved in consumer and internet investments.

Has Grove Collaborative gone public?

Sustainable consumer products retailer Grove Collaborative went public today with the help of Virgin Group. The 10-year-old company, which listed through a SPAC transaction, is now trading on the New York Stock Exchange under the ticker symbol “GROV.”

How much is The Grove worth?

As of April 2023 Grove Collaborative has a market cap of $81.86 Million. This makes Grove Collaborative the world's 6643th most valuable company by market cap according to our data.

AJ Tracey - Ladbroke Grove

Is Grove stock a good buy?

According to 8 stock analysts, the average 12-month stock price forecast for GROV stock is $2.04, which predicts an increase of 408.35%. The lowest target is $1.01 and the highest is $3.15. On average, analysts rate GROV stock as a buy.

What is the price prediction for Grove Collaborative?

8 analysts offering 12-month price forecasts for Grove Collaborative Holdings (GROV) have a share price target of $2. This median of share price forecast represents a 396.89% upside from the latest price of $0.4 as on 30.03. 23.

Is Grove a good stock?

Grove Collaborative has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

How many employees does Grove have?

Grove Collaborative Overview

Grove Collaborative is a medium internet company with 433 employees and an annual revenue of $590.5M that is headquartered in San Francisco, CA. To inspire every family to create and sustain a healthy, beautiful home. Work At Grove Collaborative? Is This Your Company?

Who acquired Grove Collaborative?

Virgin Group Acquisition Corp. II (VGII), a publicly traded special purpose acquisition company sponsored by Virgin Group, has closed its acquisition of Grove Collaborative and will change its name to Grove Collaborative Holdings.

Is Grove a private company?

Grove is the private company and Virgin Group Acquisition Corp.

Are Grove products made in China?

A: The Hand Soap Glass Dispenser is responsibly made in China and the Grove Co. Hand Soap is made in the USA.

Will Grove Collaborative stock go up?

Stock Price Forecast

The 2 analysts offering 12-month price forecasts for Grove Collaborative Holdings Inc have a median target of 2.00, with a high estimate of 3.00 and a low estimate of 1.00. The median estimate represents a +325.71% increase from the last price of 0.47.

Does Grove own Mrs Meyers?

Grove Collaborative is an online retailer that specializes in natural household and personal products. Along with their own line of household cleaning products, the retailer carries everyday favorites from eco-friendly brands like Mrs. Meyer's, Method, Stasher and more.

Can Grove token reach $1?

As per our forecast, the value of Grove Token can hit an average price level of $1.63 this year. The year can end with a maximum price of $2.18 if there is any bullish event. However, if there is any bearish environment in the market the minimum price level of Grove coin can be around $0.94 by the month's end of 2023.

What was the initial price of Grove token?

The token was trading at $0.00000000012 when it launched in May.

Can I sell Grove collaborative?

If you would like to sell your products on grove.co for re-sale, please fill out our Product Partner Questionnaire. If you would like to sell raw materials, components, packaging, or products for Grove's in-house brands, please fill out our Owned Brands Product Vendor Questionnaire.

Who are Grove Inc competitors?

Is BGS stock a buy sell or hold?

B&G Foods has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 4 hold ratings, and 2 sell ratings.

What penny stocks to buy today?

Why is The Grove so popular?

It was established in 1934 and since then has grown and expanded to become world-famous. The Grove, which came along in 2002, has become known for high-end shopping and dining. The two spots compliment each other, allowing visitors to spend lots of quality time.

What celebrities live by The Grove?

And that brings us exactly to today's list – we are going to show you photos of celebrities that love going to the Grove in Los Angeles. From Hollywood stars such as Drew Barrymore and Mark Wahlberg to famous musicians like Camila Cabello and Rihanna – this list is crowded with names you'll immediately recognize!

How many customers does Grove have?

Grove Collaborative expects to make $600M by 2024

Grove already has 1.5 million active customers through its direct platform, and the company is also beginning to expand through physical retail.