Highest-materiality recent filing
GrowGeneration Q1 revenue rises 7.5% to $38.4M; reaffirms 2026 outlook
Net sales $38.4M, up 7.5% YoY; net loss narrows to $4.9M from $9.4M.
GrowGeneration reports FY2025 net sales $161.7M, net loss $24M; guides to breakeven EBITDA in 2026
Full year 2025 net sales $161.7M (down from $188.9M); GAAP net loss $24.0M vs $49.5M prior year.
GrowGeneration Q3 net loss improves to $2.4M; Adjusted EBITDA positive at $1.3M
Net sales of $47.3M, up 15.4% sequentially; adjusted EBITDA turned positive at $1.3M from -$2.4M YoY.
GrowGeneration Q2 net sales $41.0M, up 14.7% sequentially; net loss narrows to $4.8M
Net sales $41.0M (+14.7% qoq) vs $53.5M YoY; net loss $4.8M vs $5.9M YoY.
GrowGeneration dismisses Grant Thornton, appoints BDO USA as new auditor effective July 10, 2025
Dismissed Grant Thornton as independent auditor effective July 10, 2025; appointment of BDO USA approved by Audit Committee.
GrowGeneration acquires Viagrow for cash and stock; expands into big box retail and home gardening
Viagrow has $3M annual revenue; purchase consideration is cash and stock.
GrowGeneration Q1 net sales $35.7M, net loss $9.4M; guides Q2 >$40M, withdraws FY outlook
Net sales $35.7M down 25% YoY; net loss $9.4M vs $8.8M loss; adjusted EBITDA loss $4.0M.
GrowGeneration reports FY 2024 net sales $188.9M, net loss $49.5M; guides FY 2025 rev $170-180M
FY 2024 net sales $188.9M, down from $225.9M; net loss $49.5M vs $46.5M in prior year.
GrowGeneration prelim 2024 net sales $188-190M, proprietary brands 30% of rev, cash >$56M, debt-free
Preliminary FY2024 net sales $188-190M; proprietary brand sales $39-40M (over 30% of cultivation rev).
GrowGeneration Q3 net sales fall 10% to $50M; same-store sales rise 12.5%, net loss widens to $11.4M
Net sales fell 10.2% YoY to $50.0M driven by 25 fewer stores; same-store sales grew 12.5%.
Q2 2024 net revenue $53.5M, down 16.3% YoY; gross margin 26.9% up 110bps sequentially.
Q2 2024 preliminary net revenue expected over $53M, a sequential increase of at least 10.6% vs $47.9M in Q1.
GrowGeneration Q1 net loss widens to $8.8M; sales down 15.7% YoY, at top end of guidance
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.
GrowGeneration reports 2023 net revenue $225.9M, beats guidance; reviews MMI sale
Full year 2023 net revenue $225.9M (down 18.8% YoY), beating guidance; net loss $46.5M ($0.76/share) vs $163.7M prior year.
GrowGeneration beats FY 2023 revenue at $225.9M; reviews strategic alternatives for MMI
Full year 2023 net revenue $225.9M (beat guidance); net loss $46.5M vs $163.7M prior year.
GrowGeneration Q3 net sales $55.7M, net loss $7.3M; reaffirms FY2023 guidance
Net sales of $55.7M, down 21.4% YoY; comparable store sales declined 14.4%.
GrowGeneration Q2 revenue $63.9M (+12% QoQ), net loss $5.7M, lowers FY guidance
Net revenue $63.9M, up 12% sequentially; comparable store sales down 15.1% YoY.
GrowGeneration Q1 revenue $56.8M, net loss $6.1M; maintains FY2023 guidance
Net revenue $56.8M, down 30.5% YoY but sequential improvement from prior quarter.
GrowGeneration reports full year 2022 net loss of $163.7M, revenue down 34.2%
Full year net revenue $278.2M, down 34.2% from $422.5M; net loss $163.7M vs prior year income $12.8M.
GrowGeneration Q3 net sales $70.9M, same-store sales down 58%; raises FY guidance
Net sales $70.9M, down 39% YoY; comparable store sales down 58.1%.
GrowGeneration appoints Gregory Sanders as CFO; ex-CFO Lasher receives $253K severance
CFO Jeff Lasher resigned effective Aug 12, 2022; receives $253,513 cash severance over 6 months plus 30,000 shares.
GrowGeneration Q2 net loss $136.4M; cuts 2022 revenue guidance to $250-275M
Net sales fell 44% to $71.1M; comparable-store sales down 56.9%.
GrowGeneration loses Chief Supply Chain Officer and Chief Merchandise Officer in three days
Dennis Sheldon resigned as Chief Supply Chain & Technology Officer, effective June 7, 2022.
GrowGeneration Q1 net loss $5.2M, comp sales -35.5%; slashes FY2022 guidance
Net sales $81.8M (-9.2% YoY); comparable store sales -35.5%; net loss $5.2M vs net income $6.1M.
Paul Ciasullo, a member of the Board of Directors of GrowGeneration Corp. (the “Company”), notified the Company of his retirement and resignation from the Company’s Board of Directors (the “Board”), effective April 23, 2024.
To fill the vacancy created by Mr. Ciasullo’s retirement, Starlett (Star) Carter has been appointed to the Board, effective April 25, 2024.
Effective August 12, 2022, Jeffrey Lasher, Chief Financial Officer of GrowGeneration Corp. (the “Company”), resigned as Chief Financial Officer, and, effective August 12, 2022, Gregory Sanders has been appointed Chief Financial Officer of the Company.
Gregory Sanders has been appointed Chief Financial Officer of the Company.
On June 9, 2022, Paul Rutenis resigned from his role as Chief Merchandise Officer of the Company, effective immediately.
On June 7, 2022, Dennis Sheldon resigned from his role as Chief Supply Chain & Technology Officer of GrowGeneration Corp. (the “Company”), effective immediately.
On April 4, 2022, Sean Stiefel, a member of the Board of Directors of GrowGeneration Corp. (the “Company”), notified the Company that he will not stand for re-election as a director of the Company at the end of his current term, which expires at the Company’s 2022 annual meeting of shareholders.
On December 13, 2021, Tony Sullivan tendered to GrowGeneration Corp. (the “Company”) the resignation from his role as Executive Vice President and Chief Operating Officer of the Company, effective immediately.
Max materiality 0.85 · Median 0.55 · Most common event earnings