---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-037932"
form_type: "8-K"
ticker: "GRWG"
cik: "0001604868"
company_name: "GrowGeneration Corp."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:33:32.845004+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GrowGeneration Q3 net sales $55.7M, net loss $7.3M; reaffirms FY2023 guidance

## Summary
- Net sales of $55.7M, down 21.4% YoY; comparable store sales declined 14.4%.
- Gross margin improved to 29.1% from 25.9% YoY, driven by private label and distribution.
- GAAP net loss of $7.3M ($0.12 per diluted share) vs. loss of $7.2M in Q3 2022.
- Adjusted EBITDA loss of $0.9M, an improvement of $1.8M YoY; cash and securities $66.6M.
- Closed 6 stores in Q3 and plans to close 6 more in Q4; full-year revenue guidance $220M-$225M.

## SEC filing metadata
- accession: 0001628280-23-037932
- form_type: 8-K
- ticker: GRWG
- cik: 0001604868
- company_name: GrowGeneration Corp.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604868/000162828023037932/0001628280-23-037932-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604868/000162828023037932/grwg-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-037932
- JSON: https://secwatch.observer/filing/0001628280-23-037932.json
- Plain text: https://secwatch.observer/filing/0001628280-23-037932.txt

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