Aankondiging • Apr 30
GrowGeneration Corp. to Report Q1, 2026 Results on May 12, 2026 GrowGeneration Corp. announced that they will report Q1, 2026 results After-Market on May 12, 2026 Aankondiging • Apr 29
GrowGeneration Corp., Annual General Meeting, Jun 18, 2026 GrowGeneration Corp., Annual General Meeting, Jun 18, 2026. Aankondiging • Mar 25
GrowGeneration Corp. Unveils Two New Propagation Products Under the Char Coir Brand, the Coco Coin Tray and the Insert Tray GrowGeneration Corp. unveiled two new propagation products under the Char Coir brand, the Coco Coin Tray and the Insert Tray, offering gardeners, commercial growers, and greenhouse operators a modern, mess-free system for improved cultivation performance compared to traditional soil or peat-based methods. Built for both home gardeners and commercial cultivators, the new Char Coir Propagation System expands GrowGen’s proprietary brand offering in growing media and propagation, reinforcing the Company’s strategy to drive higher-margin sales through differentiated, in-house product innovation. The new system is designed to provide a cleaner, more efficient solution for seed starting and early-stage plant development across both commercial and consumer applications. The Char Coir Propagation System is engineered to address key challenges in early-stage cultivation by promoting faster root development and reducing transplant stress. The system offers a simplified, user-friendly three-step process in which growers add water, insert seed or clone, and transplant into the final growing medium. The Coco Coin Tray is pre-filled with 50 compressed, RHP-certified coco coir plugs that expand with water to create a uniform, aerated growing medium. The coir is triple-washed for low salt content, buffered for stable pH and low electrical conductivity, and sourced from a single origin to ensure consistency. The Insert Tray is a durable, reusable 50-cell propagation tray designed for repeated use in commercial environments. Compatible with a range of grow media including coco coir, peat plugs, and rockwool, the tray fits standard 10x20 flats and incorporates features that support propagation efficiency. The Coco Coin Tray and Insert Tray are being introduced as part of a broader retail merchandising program designed to support sell-through at garden centers and hydroponic retailers. Both products are available through GrowGeneration’s retail locations, e-commerce platform, and distribution network, as well as through select retail partners nationwide. Reported Earnings • Mar 20
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: US$0.40 loss per share (improved from US$0.82 loss in FY 2024). Revenue: US$161.7m (down 14% from FY 2024). Net loss: US$24.0m (loss narrowed 51% from FY 2024). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Aankondiging • Mar 05
GrowGeneration Corp. to Report Q4, 2025 Results on Mar 19, 2026 GrowGeneration Corp. announced that they will report Q4, 2025 results After-Market on Mar 19, 2026 New Risk • Dec 22
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$213k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$13m net loss next year). Significant insider selling over the past 3 months (US$213k sold). New Risk • Dec 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$13m net loss next year). Market cap is less than US$100m (US$85.0m market cap). Recent Insider Transactions Derivative • Nov 14
Co-Founder notifies of intention to sell stock Darren Lampert intends to sell 70k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of November. If the sale is conducted around the recent share price of US$1.75, it would amount to US$123k. For the year to December 2018, Darren's total compensation was 46% salary and 54% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Darren's direct individual holding has increased from 1.73m shares to 1.92m. Company insiders have collectively bought US$625k more than they sold, via options and on-market transactions, in the last 12 months. Aankondiging • Nov 12
GrowGeneration Corp. to Exhibit Commercial Cultivation Solutions At 2025 CEAg World Conference and Expo GrowGeneration Corp. announced it will host an exhibit at the 2025 CEAg World Conference and Expo, taking place November 19-21, 2025, in Durham, North Carolina. At CEAg World Conference and Expo. At CEAg World Conference & Expo, GrowGeneration will feature its extensive portfolio of proprietary brands and integrated solutions purpose-built for performance across different settings including indoor, greenhouse, and mixed-light environments. Key product lines include: Char Coir -- the highest-grade coco available, sourced from a single farm to ensure consistency and quality. Each batch comes with a chemical analysis available to the client and serves as a testament to quality and standards. Drip Hydro -- a complete nutrient solution engineered for one purpose: to make growing easier and more productive. Developed by growers for growers and backed by 45+ years of cultivation experience, it delivers high-quality results, higher yields and low overhead. PowerSi -- high quality, concentrated additives that improve the health of plants, yields, and crop quality. The Harvest Company -- offers a diverse range of essential products designed specifically for all home garden and commercial growing needs. carefully developed products are crafted to help get the most out of each growing season. From Seed to Harvest, the company're here to deliver the perfect solutions for growing journey. Dialed In Under Canopy LED lights, Environmental & Fertigation Systems -- a first-of-its-kind lighting solution engineered to boost lower-canopy flower development in commercial cannabis cultivation. This system helps cultivators address a universal issue, penetrate lower buds which are typically smaller, less potent and often unsellable due to the spectrum of light stopping at the top of the canopy. Reported Earnings • Nov 12
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: US$0.041 loss per share (improved from US$0.19 loss in 3Q 2024). Revenue: US$47.3m (down 5.5% from 3Q 2024). Net loss: US$2.44m (loss narrowed 79% from 3Q 2024). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Aankondiging • Nov 07
GrowGeneration Corp. Provides Consolidated Earnings Outlook for Fourth Quarter of 2025 GrowGeneration Corp. provided consolidated earnings outlook for fourth quarter of 2025. For the quarter, the Company expects total consolidated net sales of approximately $40 million, reflecting normal seasonality and continued progress on proprietary brand and cost-optimization initiatives. Aankondiging • Oct 29
GrowGeneration Corp. Launches Dialed In™? Tri-Spec Under Canopy Light, A Breakthrough in Cannabis Flower Development and Yield Efficiency GrowGeneration Corp. announced the launch of its Dialed In™? Tri-Spec Under Canopy Light, a first-of-its-kind lighting solution engineered to boost lower-canopy flower development in commercial cannabis cultivation. The Dialed In™?Tri-Spec system delivers a tunable spectrum of Full Spectrum, Far Red, and UV light directly beneath the canopy to activate photosynthesis, anthocyanin development, and secondary metabolite production from the bottom up. This system helps cultivators address a universal issue, penetrate lower buds which are typically smaller, less potent and often unsellable due to the spectrum of light stopping at the top of the canopy. Early trials reported up to 35% yield increases, faster maturation, and stronger terpene expression -- resulting in better flavor, richer aroma, and a more uniform, high-quality flower from top to bottom. A New Layer of Light - A New Layer of Light - a New Layer of Revenue: MSRP per fixture: $179; Average yield increase: up to 35% per harvest cycle; Flowering time reduction: 5-7 days faster using Short-Cycle™? recipe; Spectrums: Full Spectrum + 660 nm Red, Far Red, UV; Commercial features: Daisy-chain installation, 150W, IP65 waterproof, 100-277V, fits 4'x8' tables and vertical racks. The Dialed In™®? Tri-Spec Under Canop Light is now available through licensed GrowGeneration retail stores nationwide, the GrowGeneration B2B portal (portal. growgeneration.com), and commercial and wholesale ordering channels. Aankondiging • Oct 23
GrowGeneration Corp. to Report Q3, 2025 Results on Nov 06, 2025 GrowGeneration Corp. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Price Target Changed • Aug 08
Price target decreased by 42% to US$1.88 Down from US$3.25, the current price target is an average from 2 analysts. New target price is 79% above last closing price of US$1.05. Stock is down 42% over the past year. The company is forecast to post a net loss per share of US$0.42 next year compared to a net loss per share of US$0.82 last year. Aankondiging • Jul 30
GrowGeneration Corp. to Report Q2, 2025 Results on Aug 11, 2025 GrowGeneration Corp. announced that they will report Q2, 2025 results After-Market on Aug 11, 2025 Aankondiging • Jul 10
GrowGeneration Corp. to Exhibit Cultivation Innovations for Lawn & Garden, Greenhouse, and Nursery Markets at Cultivate'25 GrowGeneration Corp. announced it will showcase its latest innovations at Cultivate'25, Booth #1353, to be held July 12-15, 2025, at the Greater Columbus Convention Center in Columbus, Ohio. Cultivate'25 is the premier horticulture trade show for greenhouse growers, nurseries, and lawn & garden professionals. Attendees can explore the Company's extensive, proprietary portfolio of cultivation products and services built for modern greenhouse, nursery and commercial growing operations. At the event, attendees will experience new and proven product offerings from the Company's proprietary brands, including, Viagrow, Charcoir, Drip Hydro, Ion lights, and more. New Products to be Featured from The Harvest Company: Viagrow™? Premium Aged Cow Manure; Recycled Rubber Mulch (available in multiple colors); Mulch Glue for decorative and erosion-resistant landscaping; Viagrow patented seedling station and clone machine; Seed-starting inserts and pre-filled plug trays for propagation and transplanting efficiency. New Charcoir Product Showcases: Coco Coins with Insert Trays - ideal for plug-and-play propagation and retail display; 70/30 Coco-Perlite Blend - designed for optimal air-to-water ratio in greenhouse and container growing systems. GrowGeneration will also highlight its Commercial Services Division, offering complete facility planning, irrigation design, product procurement, and ongoing cultivation support. Aankondiging • Jun 11
GrowGeneration Corp. (NasdaqCM:GRWG) acquired Viagrow, LLC. GrowGeneration Corp. (NasdaqCM:GRWG) acquired Viagrow, LLC on June 9, 2025. Viagrow reported total revenue of $3 million.
GrowGeneration Corp. (NasdaqCM:GRWG) completed the acquisition of Viagrow, LLC on June 9, 2025. Aankondiging • May 14
GrowGeneration’s MMI Announces New Luxury Mobile Package & Luggage Storage Solution Designed Exclusively for Waldorf Astoria Hotels GrowGeneration Corp. announced the launch of MMI Storage Solutions' new mobile package and luggage solution designed exclusively for the Waldorf Astoria, one of the world's most iconic luxury hotel brands. This custom-engineered system will elevate the Waldorf guest experience by providing hotel staff with an elegant, efficient, and secure way to handle guest luggage -from arrival, all the way through to checkout. MMI, a division of the Company, is a leader in shelving and mobile storage solutions for businesses. The mobile package and luggage solution integrates MMI's signature craftsmanship with customized finishes that complement the refined interiors of the Waldorf Astoria. Designed with both function and aesthetics in mind, the system includes high-density mobile carriages with attractive Lyon shelving customized in the Hilton blue color. Aankondiging • May 01
GrowGeneration Corp., Annual General Meeting, Jun 19, 2025 GrowGeneration Corp., Annual General Meeting, Jun 19, 2025. Aankondiging • Apr 30
GrowGeneration's MMI Launches Mobile Golf Bag System At Bonita Bay Club GrowGeneration Corp. announced the launch of MMI Storage Solutions' new Mobile Golf Bag System at Bonita Bay Club (Bonita Bay), Florida's member-owned golf facility. The new system will revolutionize storage operations and drive greater operational efficiency at the club's existing bag room, which manages over 2,800 golf bags daily. Aankondiging • Apr 24
GrowGeneration Corp. to Report Q1, 2025 Results on May 08, 2025 GrowGeneration Corp. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Aankondiging • Apr 02
GrowGeneration Corp. Launches B2B Pro Portal, Expanding Digital Capabilities for Commercial Cultivators and Retailers GrowGeneration Corp. announced the official launch of its B2B Pro Portal, an advanced e-commerce platform designed to streamline and modernize purchasing for commercial cultivators and retailers. The Company's B2B e-commerce platform, the GrowGen Pro Portal, utilizes cutting-edge technology to optimize procurement for commercial growers with features such as real-time inventory, automated quoting, and direct ordering. Using the B2B Edition Pro Portal, customers including large-scale cultivators, greenhouse operations, and vertical farms can now improve ordering efficiency, reduce operational burdens, and deliver seamless user experiences that drive brand loyalty and repeat business. With the GrowGen B2B Portal, customers can: Access Real-Time Inventory & Pricing - Instantly view availability and bulk pricing on thousands of products, including nutrients, lighting, irrigation, and more. Generate Instant Quotes & Place Orders - Self-service tools allow for faster decision-making and procurement. Utilize Customized Account Management - Personalized pricing, order history tracking, and volume-based discounts. Leverage Seamless Logistics & Financing - Integrated shipping options and flexible financing solutions for high-cost equipment. The B2B e- commerce platform had a soft launch in the fourth quarter of 2024 and has already been utilized by commercial customers, who have offered real-time input to shape, refine, and improve the online portal. Recent Insider Transactions • Mar 21
Co-Founder recently bought US$103k worth of stock On the 19th of March, Michael Salaman bought around 85k shares on-market at roughly US$1.21 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of US$403k worth in shares. Major Estimate Revision • Mar 20
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$183.1m to US$173.7m. Losses expected to increase from US$0.33 per share to US$0.36. Specialty Retail industry in the US expected to see average net income growth of 11% next year. Consensus price target down from US$3.25 to US$3.08. Share price rose 18% to US$1.22 over the past week. Reported Earnings • Mar 14
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: US$0.82 loss per share (further deteriorated from US$0.76 loss in FY 2023). Revenue: US$188.9m (down 16% from FY 2023). Net loss: US$49.5m (loss widened 6.5% from FY 2023). Like-for-like sales growth: 0.9% vs FY 2023 Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Revenue is expected to decline by 2.4% p.a. on average during the next 2 years, while revenues in the Specialty Retail industry in the US are expected to grow by 5.0%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Aankondiging • Mar 14
GrowGeneration Corp. Provides Earnings Guidance for the Year 2025 GrowGeneration Corp. provided earnings guidance for the year 2025. The company expects full year 2025 net revenues in the range of $170 million to $180 million. Aankondiging • Feb 25
GrowGeneration Corp. to Report Q4, 2024 Results on Mar 13, 2025 GrowGeneration Corp. announced that they will report Q4, 2024 results After-Market on Mar 13, 2025 Aankondiging • Feb 06
GrowGeneration Corp. Provides Earnings Guidance for the Year 2024 GrowGeneration Corp. provided earnings guidance for the year 2024. For the full year 2024, the Company anticipates Total 2024 net sales in the range of $188 million to $190 million; Total 2024 proprietary brand sales in the range of $39 million to $40 million; Positive same store sales for full year 2024; Total 2024 storage solutions sales in the range of $25 million to $26 million. Recent Insider Transactions • Nov 22
Co-Founder recently bought US$102k worth of stock On the 19th of November, Michael Salaman bought around 58k shares on-market at roughly US$1.74 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of US$300k worth in shares. Aankondiging • Nov 20
GrowGeneration Corp. Unveils New Product Lines Across Its Proprietary Brands Portfolio GrowGeneration Corp. announced the launch of three new premium product lines across its portfolio of proprietary brands, in product categories including grow lighting, essential accessories and medium for indoor growing and greenhouse Hydroponics. In line with GrowGen's stated objective for proprietary brand sales to account for 35% of total gardening sales by the end of 2025, over the next two months GrowGen has and will be releasing a number of exciting new products across its exclusive portfolio. Starting in November, the Company recently launched its new ION 135 Watt Under Canopy LED Light, designed to help cultivators improve their harvest quality, increase yields and to grow more profitably. Coming in December, GrowGen expects to launch new essential accessories lines of pest management traps under The Harvest Company brand, as well as a new line of Char Coir Crush Pots in its grow medium products category. Combined, these product launches bring GrowGen's total proprietary product SKU count to over 220. Major Estimate Revision • Nov 19
Consensus EPS estimates fall by 24% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$0.486 to -US$0.603 per share. Revenue forecast unchanged at US$193.3m. Specialty Retail industry in the US expected to see average net income growth of 16% next year. Consensus price target of US$3.42 unchanged from last update. Share price fell 5.9% to US$1.75 over the past week. New Risk • Nov 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$99.5m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$23m net loss next year). Market cap is less than US$100m (US$99.5m market cap). Reported Earnings • Nov 13
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: US$0.19 loss per share (further deteriorated from US$0.12 loss in 3Q 2023). Revenue: US$50.0m (down 10% from 3Q 2023). Net loss: US$11.4m (loss widened 56% from 3Q 2023). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 65%. Revenue is expected to decline by 6.3% p.a. on average during the next 2 years, while revenues in the Specialty Retail industry in the US are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 55% per year, which means it is performing significantly worse than earnings. Aankondiging • Oct 28
GrowGeneration Corp. to Report Q3, 2024 Results on Nov 12, 2024 GrowGeneration Corp. announced that they will report Q3, 2024 results After-Market on Nov 12, 2024 Recent Insider Transactions • Aug 29
Lead Independent Director recently bought US$51k worth of stock On the 27th of August, Eula Adams bought around 25k shares on-market at roughly US$2.02 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$198k. Insiders have collectively bought US$2.6m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 18
Co-Founder recently bought US$198k worth of stock On the 14th of August, Michael Salaman bought around 105k shares on-market at roughly US$1.88 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of US$1.2m worth in shares. Major Estimate Revision • Aug 15
Consensus EPS estimates fall by 33% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$199.0m to US$195.0m. Losses expected to increase from US$0.37 per share to US$0.49. Specialty Retail industry in the US expected to see average net income growth of 17% next year. Consensus price target down from US$3.20 to US$3.00. Share price was steady at US$1.92 over the past week. Reported Earnings • Aug 09
Second quarter 2024 earnings: EPS misses analyst expectations Second quarter 2024 results: US$0.097 loss per share (further deteriorated from US$0.093 loss in 2Q 2023). Revenue: US$53.5m (down 16% from 2Q 2023). Net loss: US$5.90m (loss widened 3.5% from 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Specialty Retail industry in the US are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 61% per year, which means it is performing significantly worse than earnings. Aankondiging • Jul 25
GrowGeneration Corp. to Report Q2, 2024 Results on Aug 08, 2024 GrowGeneration Corp. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 New Risk • May 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$20m net loss next year). Aankondiging • May 10
GrowGeneration Corp. Reiterates Earnings Guidance for the Year 2024 GrowGeneration Corp. reiterated earnings guidance for the year 2024. For the year, the company expects Full-year 2024 net sales in the range of $205 million to $215 million. Reported Earnings • May 09
First quarter 2024 earnings: EPS misses analyst expectations First quarter 2024 results: US$0.14 loss per share (further deteriorated from US$0.10 loss in 1Q 2023). Revenue: US$47.9m (down 16% from 1Q 2023). Net loss: US$8.84m (loss widened 44% from 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has fallen by 56% per year, which means it is performing significantly worse than earnings. Aankondiging • May 01
GrowGeneration Corp., Annual General Meeting, Jun 20, 2024 GrowGeneration Corp., Annual General Meeting, Jun 20, 2024, at 16:00 Eastern Daylight. Agenda: To elect five directors to the Board of Directors of the Company to serve until the Company's 2025 Annual Meeting of Shareholders and until their respective successors are duly elected and qualified; to conduct an advisory vote on the compensation paid to the Company's named executive officers; to approve and ratify the amendment and restatement of the Company's Amended and Restated 2018 Equity Incentive Plan, as set forth in Exhibit A attached to the Proxy Statement; to approve and ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm to audit the Company's financial statements as of December 31, 2024 and for the fiscal year then ending; and to transact such other business as may properly be brought before the Annual Meeting, and at any adjournments or postponements of the Annual Meeting. Aankondiging • Apr 26
GrowGeneration Corp. Announces Change to Board of Directors GrowGeneration Corp. announced that Paul Ciasullo is retiring and therefore resigning from the Company’s Board of Directors, effective April 23, 2024. In conjunction with this announcement, Starlett (Star) Carter has been appointed to the Board, effective April 25, 2024, to fill the vacancy created by Mr. Ciasullo’s retirement. Ms. Carter will serve as an independent director on the Board and sit on the Audit, Compensation, and Nominating and Corporate Governance committees. Ms. Carter is currently a Leadership Advisor and Consultant at Egon Zehnder in Dallas, Texas. Previously, she served on the Board of Directors of Kanarys Inc. from 2018 to 2022 and was a member of the Board of Directors of Legal Aid Texas from 2013 to 2022, including acting as Chair of the Board of Directors from 2017 to 2019 and serving on the Audit and Finance Committee and the Nomination Committee. Ms. Carter earned a Bachelor of Business Administration in Marketing from The University of Texas at Austin and a Juris Doctor from Harvard Law School. She has received several awards and recognitions, including being named to Inc. Magazine’s Top 100 Female Founders in 2021, AfroTech’s 31 Influential Black Women Who Accomplished Famous Firsts to Make History in 2021, and Entrepreneur Magazine’s Top 100 Most Powerful Women in 2020. Aankondiging • Apr 24
GrowGeneration Corp. to Report Q1, 2024 Results on May 08, 2024 GrowGeneration Corp. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Aankondiging • Mar 26
GrowGeneration Corp. (NasdaqCM:GRWG) announces an Equity Buyback for $6 million worth of its shares. GrowGeneration Corp. (NasdaqCM:GRWG) announces a share repurchase program. Under the program, the company will repurchase up to $6 million worth of its outstanding common stock. The plan will be valid for 1 years. Reported Earnings • Mar 14
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: US$0.76 loss per share (improved from US$2.69 loss in FY 2022). Revenue: US$225.9m (down 19% from FY 2022). Net loss: US$46.5m (loss narrowed 72% from FY 2022). Like-for-like sales growth: Down 19.3% vs FY 2022 Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 70%. Revenue is forecast to stay flat during the next 2 years compared to a 5.2% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's earnings growth rate has exceeded its share price growth rate by 2 percentage points per year. Aankondiging • Mar 14
GrowGeneration Corp. Provides Revenue Guidance for the First Quarter 2024 and Full Year 2024 GrowGeneration Corp. provided revenue guidance for the First quarter 2024 and Full year 2024. The company expects First quarter 2024 net revenues in the range of $45 million to $48 million.The company expects Full year 2024 net revenues in the range of $205 million to $215 million. Aankondiging • Feb 29
GrowGeneration Corp. to Report Q4, 2023 Results on Mar 13, 2024 GrowGeneration Corp. announced that they will report Q4, 2023 results After-Market on Mar 13, 2024 Recent Insider Transactions • Nov 17
Co-Founder recently bought US$994k worth of stock On the 15th of November, Darren Lampert bought around 496k shares on-market at roughly US$2.00 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Darren's only on-market trade for the last 12 months. Aankondiging • Nov 10
GrowGeneration Corp. Provides Revenue Guidance for the Full Year 2023 GrowGeneration Corp. provided revenue guidance for the full year 2023. for the year, the company expects revenue in the range of $220 million to $225 million. Reported Earnings • Nov 10
Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2023 results: US$0.12 loss per share (further deteriorated from US$0.12 loss in 3Q 2022). Revenue: US$55.7m (down 21% from 3Q 2022). Net loss: US$7.35m (loss widened 2.0% from 3Q 2022). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 7.5%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 24 percentage points per year, which is a significant difference in performance. Price Target Changed • Nov 10
Price target decreased by 13% to US$4.55 Down from US$5.26, the current price target is an average from 7 analysts. New target price is 153% above last closing price of US$1.80. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$0.45 next year compared to a net loss per share of US$2.69 last year. Aankondiging • Oct 26
GrowGeneration Corp. to Report Q3, 2023 Results on Nov 08, 2023 GrowGeneration Corp. announced that they will report Q3, 2023 results After-Market on Nov 08, 2023 Major Estimate Revision • Aug 15
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$254.8m to US$223.5m. Forecast losses increased from -US$0.319 to -US$0.428 per share. Specialty Retail industry in the US expected to see average net income decline 7.6% next year. Consensus price target down from US$5.26 to US$5.08. Share price fell 18% to US$2.90 over the past week. New Risk • Aug 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$9.4m net loss in 2 years). Reported Earnings • Aug 09
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: US$0.093 loss per share (improved from US$2.25 loss in 2Q 2022). Revenue: US$63.9m (down 10% from 2Q 2022). Net loss: US$5.70m (loss narrowed 96% from 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Buying Opportunity • Aug 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 1.1%. The fair value is estimated to be US$4.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 94% in the next 2 years.