secwatch.observer — SEC 8-K summary
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Issuer:     GrowGeneration Corp. (GRWG)
CIK:        0001604868
Form:       8-K
Filed at:   2023-03-16T23:59:59+00:00
Accession:  0001628280-23-008336
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GrowGeneration reports full year 2022 net loss of $163.7M, revenue down 34.2%
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- Full year net revenue $278.2M, down 34.2% from $422.5M; net loss $163.7M vs prior year income $12.8M.
- Full year diluted EPS loss $2.69 vs $0.21 income; Adjusted EBITDA loss $16.7M vs profit $34.2M.
- Q4 net revenue $54.5M (-40% YoY); net loss $15.0M, EPS loss $0.25; Adjusted EBITDA loss $10.2M.
- Cash and securities $71.9M; inventory reduced $28.5M; closed 8 stores in 2022.
- FY2023 guidance: revenue $250-270M; Adj. EBITDA loss $4M to profit $1M; Q1 rev $55-57M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604868/000162828023008336/0001628280-23-008336-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604868/000162828023008336/grwg-20230315.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-008336

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