earnings
confidence high
sentiment positive
materiality 0.75
GrowGen Q2 net sales $43.2M (+5.5% YoY); raises FY26 EBITDA guide to $2-3M
GrowGeneration Corp.
- Q2 net sales $43.2M, up 5.5% YoY and 12.6% sequentially; third straight quarter of YoY revenue growth.
- Net loss narrowed to $2.0M from $4.8M; Adjusted EBITDA positive $0.3M vs -$1.3M prior year.
- Proprietary brand penetration 39.7% of Cultivation & Gardening revenue, up from 32.0% YoY.
- FY26 revenue guidance reaffirmed at $162-168M; Adjusted EBITDA guidance raised to $2-3M.
- Ended Q2 with $41.0M cash/marketable securities, no debt; closed 4 retail locations in H1.