{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-021774","form_type":"8-K","ticker":"GRWG","cik":"0001604868","company_name":"GrowGeneration Corp.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.189565+00:00","generated_at":"2026-06-02T10:20:01.587554+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"GrowGeneration Q1 net loss widens to $8.8M; sales down 15.7% YoY, at top end of guidance","bullets":["Net loss of $8.8M ($0.14/diluted share) vs $6.1M loss in Q1 2023; Adjusted EBITDA loss of $2.9M vs $1.8M loss.","Net sales $47.9M, down 15.7% YoY due to store consolidations and price compression; same-store sales -1% but retail positive.","Gross margin 25.8%, down 290 bps YoY; proprietary brand sales hit record 23% of cultivation sales vs 18% last year.","Cash and equivalents $61.3M, no debt; reiterated FY2024 revenue guidance $205-215M, Adjusted EBITDA -$2M to +$3M.","Consolidated 4 retail stores in Q1, now at 46 locations; may consider further consolidations."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-021774","json":"https://secwatch.observer/filing/0001628280-24-021774.json","markdown":"https://secwatch.observer/filing/0001628280-24-021774.md","text":"https://secwatch.observer/filing/0001628280-24-021774.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604868/000162828024021774/0001628280-24-021774-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604868/000162828024021774/grwg-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T10:20:01.587554+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}