GrowGeneration Corp.

NasdaqCM:GRWG Stock Report

Market Cap: US$98.3m

GrowGeneration Management

Management criteria checks 3/4

GrowGeneration's CEO is Darren Lampert, appointed in Mar 2014, has a tenure of 10.75 years. total yearly compensation is $1.30M, comprised of 38% salary and 62% bonuses, including company stock and options. directly owns 2.93% of the company’s shares, worth $2.88M. The average tenure of the management team and the board of directors is 5.4 years and 10.6 years respectively.

Key information

Darren Lampert

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage38.0%
CEO tenure10.8yrs
CEO ownership2.9%
Management average tenure5.4yrs
Board average tenure10.6yrs

Recent management updates

Recent updates

Investor Optimism Abounds GrowGeneration Corp. (NASDAQ:GRWG) But Growth Is Lacking

Jul 30
Investor Optimism Abounds GrowGeneration Corp. (NASDAQ:GRWG) But Growth Is Lacking

GrowGeneration Corp. (NASDAQ:GRWG) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Mar 26
GrowGeneration Corp. (NASDAQ:GRWG) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

GrowGeneration Corp.'s (NASDAQ:GRWG) Share Price Not Quite Adding Up

Jan 15
GrowGeneration Corp.'s (NASDAQ:GRWG) Share Price Not Quite Adding Up

Analysts Are More Bearish On GrowGeneration Corp. (NASDAQ:GRWG) Than They Used To Be

Aug 11
Analysts Are More Bearish On GrowGeneration Corp. (NASDAQ:GRWG) Than They Used To Be

GrowGeneration Corp.'s (NASDAQ:GRWG) Intrinsic Value Is Potentially 30% Above Its Share Price

Jul 04
GrowGeneration Corp.'s (NASDAQ:GRWG) Intrinsic Value Is Potentially 30% Above Its Share Price

GrowGeneration Corp. (NASDAQ:GRWG) Just Reported Earnings, And Analysts Cut Their Target Price

Nov 11
GrowGeneration Corp. (NASDAQ:GRWG) Just Reported Earnings, And Analysts Cut Their Target Price

Is There Any Hope For GrowGeneration? A Bear Turns Bullish After 90% Decline

Oct 20

GrowGeneration to open hydroponic garden in Virginia, signs 2 new leases

Sep 20

Cannabis Is Important, But GrowGeneration Is Not Just Smoke

Aug 26

GrowGeneration CFO steps down, internal executive picked for role

Aug 12

GrowGeneration Isn't Growing Stock Profits

Jul 27

GrowGeneration: Gearing Up For A Strong 2023

Apr 20

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

Jan 28

With A 30% Price Drop For GrowGeneration Corp. (NASDAQ:GRWG) You'll Still Get What You Pay For

Dec 02
With A 30% Price Drop For GrowGeneration Corp. (NASDAQ:GRWG) You'll Still Get What You Pay For

Jim Belushi's Mission From God; GrowGeneration Partnership (Podcast Transcript)

Oct 20

Jim Belushi's Mission From God; GrowGeneration Partnership (Podcast)

Oct 13

Why GrowGeneration Fell 40% After Earnings: What To Know

Oct 04

Here's Why We Think GrowGeneration (NASDAQ:GRWG) Is Well Worth Watching

Sep 25
Here's Why We Think GrowGeneration (NASDAQ:GRWG) Is Well Worth Watching

GrowGeneration Corp.'s (NASDAQ:GRWG) Intrinsic Value Is Potentially 23% Below Its Share Price

Sep 07
GrowGeneration Corp.'s (NASDAQ:GRWG) Intrinsic Value Is Potentially 23% Below Its Share Price

The Red Flags At GrowGeneration

Aug 10

Returns On Capital Are Showing Encouraging Signs At GrowGeneration (NASDAQ:GRWG)

Aug 08
Returns On Capital Are Showing Encouraging Signs At GrowGeneration (NASDAQ:GRWG)

GrowGeneration: Doesn't Only Help Grow Plants, But Your Potential Returns Too

Jul 11

CEO Compensation Analysis

How has Darren Lampert's remuneration changed compared to GrowGeneration's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$53m

Jun 30 2024n/an/a

-US$49m

Mar 31 2024n/an/a

-US$49m

Dec 31 2023US$1mUS$493k

-US$46m

Sep 30 2023n/an/a

-US$34m

Jun 30 2023n/an/a

-US$34m

Mar 31 2023n/an/a

-US$165m

Dec 31 2022US$1mUS$345k

-US$164m

Sep 30 2022n/an/a

-US$153m

Jun 30 2022n/an/a

-US$142m

Mar 31 2022n/an/a

US$1m

Dec 31 2021US$2mUS$301k

US$13m

Sep 30 2021n/an/a

US$18m

Jun 30 2021n/an/a

US$18m

Mar 31 2021n/an/a

US$14m

Dec 31 2020US$871kUS$303k

US$5m

Sep 30 2020n/an/a

US$3m

Jun 30 2020n/an/a

US$510k

Mar 31 2020n/an/a

-US$1m

Dec 31 2019US$3mUS$212k

US$1m

Sep 30 2019n/an/a

-US$64k

Jun 30 2019n/an/a

-US$2m

Mar 31 2019n/an/a

-US$4m

Dec 31 2018US$356kUS$193k

-US$5m

Sep 30 2018n/an/a

-US$4m

Jun 30 2018n/an/a

-US$4m

Mar 31 2018n/an/a

-US$3m

Dec 31 2017US$430kUS$165k

-US$3m

Compensation vs Market: Darren's total compensation ($USD1.30M) is above average for companies of similar size in the US market ($USD654.40K).

Compensation vs Earnings: Darren's compensation has been consistent with company performance over the past year.

CEO

Darren Lampert (63 yo)

10.8yrs

Tenure

US$1,298,148

Compensation

Mr. Darren Lampert co-founded GrowGeneration Pueblo, Corp., (a/k/a, EasyLife, Corp., GrowGeneration Corp.) in March 6, 2014 and has been its Chief Executive Officer since March 6, 2014. Mr. Lampert began h...

Leadership Team

NamePositionTenureCompensationOwnership
Darren Lampert
Co-Founder10.8yrsUS$1.30m2.93%
$ 2.9m
Michael Salaman
Co-Founder10.8yrsUS$1.31m3.36%
$ 3.3m
Gregory Sanders
Chief Financial Officer2.3yrsUS$753.77k0.21%
$ 201.9k
John Evans
Head of Investor Relationsno datano datano data
Robert Nardelli
Senior Strategic Advisor5.4yrsno datano data
Brooks Barkow
Senior Vice President of Merchandisingless than a yearno datano data
Matthew Koch
National Sales Directorno datano datano data
Travis Goldstein
Director of Market Developmentno datano datano data
Sean Reardon
Commercial Sales Account Manager of Eastno datano datano data

5.4yrs

Average Tenure

63yo

Average Age

Experienced Management: GRWG's management team is seasoned and experienced (5.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Darren Lampert
Co-Founder10.8yrsUS$1.30m2.93%
$ 2.9m
Michael Salaman
Co-Founder10.8yrsUS$1.31m3.36%
$ 3.3m
Eula Adams
Lead Independent Director3.3yrsUS$97.50k0.17%
$ 170.8k
Stephen Aiello
Independent Director10.6yrsUS$82.80k1.14%
$ 1.1m
Starlett Carter
Independent Directorless than a yearno data0.034%
$ 33.2k

10.6yrs

Average Tenure

63yo

Average Age

Experienced Board: GRWG's board of directors are seasoned and experienced ( 10.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:55
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

GrowGeneration Corp. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aaron GreyAlliance Global Partners
Michael LeggBenchmark Company
Eric Des LauriersCraig-Hallum Capital Group LLC