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.

GrowGeneration Corp. (GRWG) CEO Darren Lampert on Q1 2020 Results - Earnings Call Transcript

2020 Revenue Guidance Increased to $135-$140 Million Adjusted EBITDA Guidance for 2020 is $12.0 Million-$14.0 Million GAAP Pre-Tax Net Income Guidance set $5.5-$7.5 Million DENVER, May 14, 2020 /PRNewswire/ - GrowGeneration Corp. (NASDAQ:GRWG), ("GrowGen" or the "Company"), the largest...

GrowGeneration Reports Record Q1 2020 Revenues of $33.0 Million and Record Adjusted EBITDA of $2.7 Million

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GrowGeneration Corp. (GRWG) CEO Darren Lampert on Q4 2019 Results - Earnings Call Transcript

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GrowGeneration reported another quarter of revenue growth and profitability.

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GrowGeneration Corp. (GRWG) CEO Darren Lampert on Q3 2019 Results - Earnings Call Transcript

By J Rodrigo Safdiye. GrowGeneration Corp. (OTC: GRWG), a chain of specialty hydroponic and organic garden centers, reported third-quarter net income of $1,049,699 Monday.

GrowGeneration  Reports $1.8M Year-Over-Year Increase In Net Income

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GrowGeneration Corp. (OTC: GRWG) shares are up 54.34% year-to-date.  The Analyst Lake Street Capital Market’s Mark Smith initiated coverage of GrowGeneration with a Buy rating and $6.50 price target.

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GrowGeneration's (GRWG) CEO Darren Lampert on Q2 2019 Results - Earnings Call Transcript

Bob Nardelli has been appointed as a strategic advisor for the Colorado-based retail hydroponic and organic gardening brand GrowGeneration Corp.

Former Home Depot CEO Joins GrowGeneration As A Strategic Advisor

GrowGeneration Corp. an owner and operator of specialty retail hydroponic and organic gardening stores serving the cannabis sector, said Wednesday it has appointed Bob Nardelli, a former chief executive of Home Depot HD, -0.43% as a senior strategic adviser.

Cannabis company supplier GrowGeneration adds ex-Home Depot CEO Nardelli as strategic adviser

GrowGeneration (OTC: GRWG), a specialty retail hydroponic and organic gardening stores, completed a private placement totaling $12.8 million.

GrowGeneration Closes $12.8M Private Placement

GrowGeneration Corp (OTC: GRWG), a chain of specialty retail hydroponic and organic stores, said it has acquired GreenLife Garden Supply, allowing the company to expand its number of locations.

GrowGeneration Expands Reach Through GreenLife Acquisition

GrowGeneration's (GRWG) CEO Darren Lampert on Q1 2019 Results - Earnings Call Transcript

GrowGeneration Corp. shares  soared 8.5% in early trade Tuesday, after the Denver-based maker of specialty hydroponic and organic garden centers posted earnings for the first quarter.

GrowGeneration shares rally 8.5% after earnings

Benzinga has learned revenue figures from specialty hydroponic and organic garden centers chain operator GrowGeneration Corp.

News for GrowGeneration Corp Stock (GRWG)