secwatch.observer — SEC 8-K summary
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Issuer:     GrowGeneration Corp. (GRWG)
CIK:        0001604868
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001628280-22-028689
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GrowGeneration Q3 net sales $70.9M, same-store sales down 58%; raises FY guidance
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- Net sales $70.9M, down 39% YoY; comparable store sales down 58.1%.
- GAAP net loss $7.2M ($0.12 loss per share); adjusted EBITDA loss $2.6M.
- Raises FY 2022 revenue guidance to $270-280M (from $250-275M) and adj. EBITDA loss to $10-13M (from $12-15M).
- Ended Q3 with $71.1M cash, zero debt; reduced inventory $10M QoQ and $24.1M YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604868/000162828022028689/0001628280-22-028689-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604868/000162828022028689/grwg-20221107.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-028689

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer