---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-029229"
form_type: "8-K"
ticker: "GRWG"
cik: "0001604868"
company_name: "GrowGeneration Corp."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T11:18:49.813550+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GrowGeneration Q2 revenue $63.9M (+12% QoQ), net loss $5.7M, lowers FY guidance

## Summary
- Net revenue $63.9M, up 12% sequentially; comparable store sales down 15.1% YoY.
- Net loss $5.7M ($0.09 loss per diluted share); Adjusted EBITDA profit of $0.9M.
- Gross margin 26.8%, down 1.7pp YoY due to shrink, obsolescence, and vendor price cuts.
- Cash and marketable securities $70.6M; year-to-date ops cash flow positive at $7.4M.
- FY2023 guidance lowered: revenue $220-225M, Adj. EBITDA loss $4-6M citing industry headwinds.

## SEC filing metadata
- accession: 0001628280-23-029229
- form_type: 8-K
- ticker: GRWG
- cik: 0001604868
- company_name: GrowGeneration Corp.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604868/000162828023029229/0001628280-23-029229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604868/000162828023029229/grwg-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-029229
- JSON: https://secwatch.observer/filing/0001628280-23-029229.json
- Plain text: https://secwatch.observer/filing/0001628280-23-029229.txt

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