---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-013573"
form_type: "8-K"
ticker: "GRWG"
cik: "0001604868"
company_name: "GrowGeneration Corp."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:42:48.173559+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# GrowGeneration Q1 net loss $5.2M, comp sales -35.5%; slashes FY2022 guidance

## Summary
- Net sales $81.8M (-9.2% YoY); comparable store sales -35.5%; net loss $5.2M vs net income $6.1M.
- GAAP loss per share $0.09; adjusted EBITDA loss $0.7M vs $11.1M positive a year ago.
- FY2022 revenue guidance cut to $340-400M (from $415-445M); adjusted EBITDA guidance cut to $0-10M (from $30-35M).
- New store additions reduced to 10-15 from 15-20; acquired HRG in Feb 2022 for $13.4M.
- Cash and marketable securities $66.3M; inventory $105.9M; current liabilities down to $36.6M.

## SEC filing metadata
- accession: 0001628280-22-013573
- form_type: 8-K
- ticker: GRWG
- cik: 0001604868
- company_name: GrowGeneration Corp.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604868/000162828022013573/0001628280-22-013573-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604868/000162828022013573/grwg-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-013573
- JSON: https://secwatch.observer/filing/0001628280-22-013573.json
- Plain text: https://secwatch.observer/filing/0001628280-22-013573.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.