GrowGeneration Corp

GrowGeneration Corp. engages in the retail of hydroponic and organic specialty gardening products. It offers lighting fixtures, nutrients, seeds and growing media systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. The company was founded by Darren Lampert and Michael Salaman on March 6, 2014 and is headquartered in Greenwood Village, CO.

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GrowGeneration Corp reports sequential revenue growth and margin normalization

GrowGeneration Corp's Q4 2022 performance showed sequential revenue growth and gross margin normalization. The company is focused on cost control, cash generation, and maintaining a strong balance sheet.
Strengths include investments in store expansion, product portfolio enhancement, and private label penetration growth. Challenges include market dynamics in California and the need for same-store sales growth.
Opportunities lie in private label growth, equipment refresh cycles, and capitalizing on industry trends. The company is optimistic about 2023 and aims to right-size the business for future growth.

GrowGeneration Corp reports solid Q1 performance and eyes growth opportunities

GrowGeneration Corp's Q1 performance showed solid revenue, margin, and cash position, with a focus on profitability and growth initiatives. The company is optimistic about future growth but cautious about near-term uncertainties.
Strengths lie in financial stability, strategic focus on margin expansion, and commitment to long-term profitability. Challenges include weather impacts and managing costs effectively.
Opportunities include geographic expansion, increased commercial projects, and legislative developments, aligning with the company's growth strategy and market positioning.

GrowGeneration Corp reports Q2 revenue growth amidst industry challenges

GrowGeneration Corp's Q2 performance showed revenue growth but also highlighted challenges in the cannabis industry and store closures in weak markets. Despite facing headwinds, the company remains focused on profitability, inventory management, and strategic expansion.

GrowGeneration Corp reports Q3 revenue decline, eyes federal reform impact

GrowGeneration Corp navigated challenges in Q3 2023 with a focus on profitability, margin expansion, and strategic store consolidations.
Optimism surrounds future growth, driven by private label products, potential federal reform impacts, and a strong financial position.
Inventory management and product mix enhancements position the company for improved efficiency and growth in the coming quarters.
Despite short-term challenges, GrowGen's strategic initiatives and readiness for market changes indicate a resilient and forward-looking approach.

GrowGeneration Corp beats revenue targets, eyes profitability and expansion

GrowGeneration Corp (GRWG) exceeded revenue guidance in 2023 and started 2024 strong. Focus on profitability and brand expansion for 2024.
Cost optimization efforts and new segmentation into key segments. Positive outlook despite industry challenges and store closures impact.
Opportunities for revenue growth, margin improvement, and strategic acquisitions. Company remains conservative in cash use and optimistic about growth.
Gross margin benefited from private label products and partnerships. Balance sheet strength to be maintained with potential for strategic opportunities.

GrowGeneration Corp reports revenue growth and margin expansion strategies

GrowGeneration Corp showed revenue growth and positive same-store sales comp in Q1 2024.
The company is strategically focusing on margin expansion, brand portfolio expansion, and profitability.
While facing challenges in certain geographies and financial losses, opportunities lie in proprietary brands and market expansions.
Continued investments in B2B portals and customer credit offerings highlight a commitment to growth and customer relationships.

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GrowGeneration Corp. engages in the development, marketing, retail, and distribution of hydroponic products and services. It operates through the following segments: Cultivating and Gardening, Storage Solutions, and Corporate. The Cultivating and Gardening segment includes hydroponic and organic gardening business. The Storage Solutions segment involves benching and racking. The company was founded by Darren Lampert and Michael S. Salaman on March 6, 2014 and is headquartered in Greenwood Village, CO.

In the latest trading session, GrowGeneration (GRWG) closed at $9.47, marking a -0.32% move from the previous day.

GrowGeneration (GRWG) Stock Sinks As Market Gains: What You Should Know

GrowGeneration (NASDAQ:GRWG) has selected Manhattan Active Point of Sale product Manhattan Associates Inc. (NASDAQ:MANH), to support its future growth and deliver a customer-centric shopping experience. Manhattan Associates is a tech leader in supply chain and omnichannel commerce.

GrowGeneration Chooses Manhattan Active Point of Sale To Advance Omnichannel Sales

GrowGeneration Corp. (NASDAQ:GRWG)  will release its financial results for the fourth quarter and full year ended December 31, 2021 on March 1, 2022 after the market close. The announcement will be followed by a live earnings conference call at 5:00 p.m.

Hydroponics Innovator GrowGeneration Corp Announces Financial Results Release Date

DENVER, Feb. 15, 2022 /PRNewswire/ - GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company") today announced it will release its financial results for the fourth quarter and full year ended December 31, 2021 on Tuesday, March 1, 2022 after the market close. The announcement will be followed by a live earnings conference call at 5:00 p.m.

GrowGeneration To Announce Fourth Quarter and Full Year 2021 Financial Results on Tuesday, March 1, 2022

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The hydroponics supplier's stock rose nearly $1 in early trading on Monday.

Why Shares of GrowGeneration Rose 16.1% on Monday

GrowGeneration Corp (NASDAQ: GRWG) has acquired Horticultural Rep Group  (HRG) for an undisclosed sum. HRG is a specialty marketing and sales organization of horticultural products based in Ogden, Utah.

GrowGeneration Acquires Horticultural Rep Group For Undisclosed Sum

GrowGeneration Corp. GRWG the nation's largest chain of specialty hydroponic and organic garden centers, confirmed Monday it will acquire Horticultural Rep Group (HRG). In addition, Keith Harrington founder and president of HRG has been appointed senior vice president of business development at GrowGen.

GrowGeneration To Acquire Horticultural Rep Group For Undisclosed Price

Expands GrowGen's Global Supply Chain and Private Label Initiatives DENVER, Jan. 31, 2022 /PRNewswire/ - GrowGeneration Corp. (NASDAQ: GRWG) ("GrowGen" or the "Company"), the nation's largest chain of specialty hydroponic and organic garden centers, today announced the acquisition of Horticultural Rep Group (HRG). "With this acquisition, GrowGen is strengthening its global product supply chain and adding significant distribution of its growing list of private label products," said Michael Salaman, President and co-founder of GrowGen.

GrowGeneration Acquires Horticultural Rep Group

GRWG, as the leading hydroponics gardening supplies retailer, has been under pressure amid weaker trends in the cannabis market.

GrowGeneration Stock: Bullish Following The Selloff While Waiting For Green Shoots

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GrowGeneration's (GRWG) new store location takes its total number of hydroponic garden store locations to 63 in the United States.

GrowGeneration (GRWG) Opens Sixth Hydroponic Store in Oklahoma

Hydroponics innovator GrowGeneration Corp. (NASDAQ:GRWG) on Monday announced the opening of a new hydroponic garden center at 1511 Broadway Street in Ardmore Oklahoma. The 25,000 square foot location is conveniently located in southern Oklahoma at Interstate 35 near the Texas border.

GrowGeneration Opens 63rd Hydroponic Garden Center in Ardmore, Oklahoma

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GrowGen's 63rd Location Adds 25,000 square feet of Retail Space in Oklahoma Market DENVER, Jan. 24, 2022 /PRNewswire/ -  GrowGeneration Corp . (NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced the opening of a new hydroponic garden center at 1511 Broadway Street, in Ardmore Oklahoma.

GrowGeneration Announces Opening of a New Hydroponic Garden Center in Ardmore, Oklahoma

"American Idol" Style Competition in New Jersey will Award 25 Cultivation Teams a Full Scholarship Package and Award Five Teams with the Grand Prize DENVER, Jan. 18, 2022 /PRNewswire/ -  GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, announced today that, together with Harvest 360 Technologies, LLC (H360), they are launching a new National Program to support education and training for Social Equity applications. Regulations in both New York and New Jersey seek to create a framework to regulate cannabis in these states in a manner that promotes social equity and economic development, placing an emphasis on promoting inclusion of diverse populations in the medicinal and recreational cannabis industries.

GrowGeneration Announces Social Equity Initiative

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GrowGeneration (GRWG) expects full-year revenues between $420 million and $422 million.

GrowGeneration (GRWG) Updates Financial View for Q4 and 2021

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As the legal marijuana industry gains steam, Trulieve Cannabis, Columbia Care, and GrowGeneration are well-positioned for success.

News for GrowGeneration Corp Stock (GRWG)