GrowGeneration Corp

GrowGeneration Corp. engages in the retail of hydroponic and organic specialty gardening products. It offers lighting fixtures, nutrients, seeds and growing media systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. The company was founded by Darren Lampert and Michael Salaman on March 6, 2014 and is headquartered in Greenwood Village, CO.

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GrowGeneration Corp reports sequential revenue growth and margin normalization

GrowGeneration Corp's Q4 2022 performance showed sequential revenue growth and gross margin normalization. The company is focused on cost control, cash generation, and maintaining a strong balance sheet.
Strengths include investments in store expansion, product portfolio enhancement, and private label penetration growth. Challenges include market dynamics in California and the need for same-store sales growth.
Opportunities lie in private label growth, equipment refresh cycles, and capitalizing on industry trends. The company is optimistic about 2023 and aims to right-size the business for future growth.

GrowGeneration Corp reports solid Q1 performance and eyes growth opportunities

GrowGeneration Corp's Q1 performance showed solid revenue, margin, and cash position, with a focus on profitability and growth initiatives. The company is optimistic about future growth but cautious about near-term uncertainties.
Strengths lie in financial stability, strategic focus on margin expansion, and commitment to long-term profitability. Challenges include weather impacts and managing costs effectively.
Opportunities include geographic expansion, increased commercial projects, and legislative developments, aligning with the company's growth strategy and market positioning.

GrowGeneration Corp reports Q2 revenue growth amidst industry challenges

GrowGeneration Corp's Q2 performance showed revenue growth but also highlighted challenges in the cannabis industry and store closures in weak markets. Despite facing headwinds, the company remains focused on profitability, inventory management, and strategic expansion.

GrowGeneration Corp reports Q3 revenue decline, eyes federal reform impact

GrowGeneration Corp navigated challenges in Q3 2023 with a focus on profitability, margin expansion, and strategic store consolidations.
Optimism surrounds future growth, driven by private label products, potential federal reform impacts, and a strong financial position.
Inventory management and product mix enhancements position the company for improved efficiency and growth in the coming quarters.
Despite short-term challenges, GrowGen's strategic initiatives and readiness for market changes indicate a resilient and forward-looking approach.

GrowGeneration Corp beats revenue targets, eyes profitability and expansion

GrowGeneration Corp (GRWG) exceeded revenue guidance in 2023 and started 2024 strong. Focus on profitability and brand expansion for 2024.
Cost optimization efforts and new segmentation into key segments. Positive outlook despite industry challenges and store closures impact.
Opportunities for revenue growth, margin improvement, and strategic acquisitions. Company remains conservative in cash use and optimistic about growth.
Gross margin benefited from private label products and partnerships. Balance sheet strength to be maintained with potential for strategic opportunities.

GrowGeneration Corp reports revenue growth and margin expansion strategies

GrowGeneration Corp showed revenue growth and positive same-store sales comp in Q1 2024.
The company is strategically focusing on margin expansion, brand portfolio expansion, and profitability.
While facing challenges in certain geographies and financial losses, opportunities lie in proprietary brands and market expansions.
Continued investments in B2B portals and customer credit offerings highlight a commitment to growth and customer relationships.

GrowGeneration Corp reports Q3 results, focuses on profitability and growth

GrowGeneration Corp's Q3 performance reflected a focus on profitability and key growth initiatives despite challenges. The company maintains a strong cash position and reiterated full-year revenue guidance.
Strengths include a strong cash position, focus on margin expansion, and the launch of a B2B e-commerce portal. Challenges include net loss, negative adjusted EBITDA, and industry headwinds.
Opportunities lie in B2B customer growth, margin expansion, and strategic business optimization. Cautious optimism surrounds potential legislative changes and industry growth prospects.

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GrowGeneration Corp. engages in the development, marketing, retail, and distribution of hydroponic products and services. It operates through the following segments: Cultivating and Gardening, Storage Solutions, and Corporate. The Cultivating and Gardening segment includes hydroponic and organic gardening business. The Storage Solutions segment involves benching and racking. The company was founded by Darren Lampert and Michael S. Salaman on March 6, 2014 and is headquartered in Greenwood Village, CO.

DENVER--(BUSINESS WIRE)--GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), today announced that the Company will host its Annual Meeting of Shareholders on Thursday, June 22, 2023 at 4:00pm EDT. The Company strongly encourages shareholders to vote their shares in advance of the meeting, whether over the internet at www.proxyvote.com, by telephone or by mail. As described in the Company's proxy materials, holders of record of the Company's common stock at the close of business on.

GrowGeneration Announces Details for 2023 Annual Meeting of Shareholders

GrowGeneration beat on both sales and earnings last night. Sales fell dramatically year over year, but weren't quite as bad as expected, while costs got cut and profit margins expanded.

Why GrowGeneration Stock Went Hypergrowth Today

GrowGeneration (GRWG) first quarter results reflect the ongoing weakness in the cannabis industry.

GrowGeneration (GRWG) Q1 Earnings Beat Estimates, Dip Y/Y

GrowGeneration Corporation (NASDAQ:GRWG ) Q1 2023 Earnings Conference Call May 9, 2023 4:30 PM ET Company Participants Clay Crumbliss - ICR Darren Lampert - Co-Founder, CEO & Director Gregory Sanders - CFO Conference Call Participants Brian Nagel - Oppenheimer Mark Smith - Lake Street Capital Markets William Carter - Stifel, Nicolaus & Company Aaron Grey - Alliance Global Partners Eric Des Lauriers - Craig-Hallum Scott Fortune - ROTH MKM Glenn Mattson - Ladenburg Thalmann & Co. Operator Hello, and welcome to GrowGeneration's First Quarter 2023 Earnings Conference Call. My name is Joelle, and I'll be coordinating your call today.

GrowGeneration Corporation (GRWG) Q1 2023 Earnings Call Transcript

DENVER--(BUSINESS WIRE)--GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers with 61 locations across 17 states, today reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Net sales increased quarter-over-quarter to $56.8 million Comparable store sales decreased 36.6% to the prior year Gross profit margin of 28.7%, increase of 1.58% to the prior year Net loss of $6.

GrowGeneration Reports First Quarter 2023 Financial Results

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GrowGeneration (GRWG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GrowGeneration (GRWG) Expected to Beat Earnings Estimates: Should You Buy?

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DENVER--(BUSINESS WIRE)--GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers with 61 stores across 17 states, today announced it will release its financial results for the first quarter ended March 31, 2023 on Tuesday, May 9, 2023 after market close. The announcement will be followed by a live earnings conference call at 4:30 p.m. EDT. To participate in the call, please dial (888) 664-6392 (domestic) or (416) 764.

GrowGeneration Schedules First Quarter 2023 Earnings Release Conference Call for May 9, 2023

DENVER--(BUSINESS WIRE)--GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers in the United States, today announced the acquisition of inventory and equipment from Mighty Grow, a family owned and operated business located in Jackson, Michigan serving the gardening community for over 10 years. As a part of the transaction, GrowGen also took over the existing store location at 2418 W. Michigan Ave. Jackson, MI.

GrowGeneration Acquires Store in Jackson, Michigan

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DENVER--(BUSINESS WIRE)--GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers in the United States, today announced the acquisition of inventory and equipment from Community Garden & Greenhouse, a leading provider of hydroponics and garden supplies to the broader Bozeman, Montana growing market. As a part of the transaction, GrowGen also took over the existing store location at 1602 W. Beall St. Bozeman, MT.

GrowGeneration Acquires Store in Bozeman, Montana, Adding 17th State

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GrowGeneration (GRWG) reports lower revenues and a loss per share of 25 cents for the fourth quarter of 2022 due to the ongoing weakness in the cannabis industry and efforts to lower its inventory.

GrowGeneration (GRWG) Q4 Earnings Miss, Revenues Down Y/Y

GrowGeneration Corp. (NASDAQ:GRWG ) Q4 2022 Results Conference Call March 15, 2023 4:30 PM ET Company Participants Clay Crumbliss - IR, ICR Darren Lampert - Co-Founder and CEO Greg Sanders - CFO Conference Call Participants Mark Smith - Lake Street Capital Brian Nagel - Oppenheimer Chris Carey - Wells Fargo Eric Des Lauriers - Craig-Hallum Capital Group Aaron Grey - Alliance Global Partners Scott Fortune - ROTH Capital MKM Operator Hello, and welcome to GrowGeneration's Fourth Quarter and Full Year 2022 Earnings Conference Call. My name is JP, and I'll be coordinating your call today.

GrowGeneration Corp. (GRWG) Q4 2022 Earnings Call Transcript

GrowGeneration (GRWG) delivered earnings and revenue surprises of -177.78% and 7.65%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

News for GrowGeneration Corp Stock (GRWG)