Tillkännagivande • May 14
GrowGeneration Corp. Provides Earnings Guidance for the Second Quarter of 2026 and Reaffirms Earnings Guidance for the Full Year 2026 GrowGeneration Corp. provided earnings guidance for the second quarter of 2026 and reaffirmed earnings guidance for the full year 2026. For the second quarter of 2026, the Company expected total consolidated net sales in the range of $42 million to $44 million, representing continued sequential growth.
For the full year 2026, the Company reaffirmed that it expects net revenue in the range of $162 million to $168 million. Reported Earnings • May 14
First quarter 2026 earnings released: US$0.082 loss per share (vs US$0.16 loss in 1Q 2025) First quarter 2026 results: US$0.082 loss per share (improved from US$0.16 loss in 1Q 2025). Revenue: US$38.4m (up 7.5% from 1Q 2025). Net loss: US$4.92m (loss narrowed 48% from 1Q 2025). Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Specialty Retail industry in South America. Tillkännagivande • 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 Tillkännagivande • Apr 29
GrowGeneration Corp., Annual General Meeting, Jun 18, 2026 GrowGeneration Corp., Annual General Meeting, Jun 18, 2026. Tillkännagivande • 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. Tillkännagivande • 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: Mex$3.9m 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 Shares are highly illiquid. 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 (Mex$3.9m sold). Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • May 01
GrowGeneration Corp., Annual General Meeting, Jun 19, 2025 GrowGeneration Corp., Annual General Meeting, Jun 19, 2025. Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • 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 27
Co-Founder recently bought Mex$2.1m worth of stock On the 19th of November, Michael Salaman bought around 58k shares on-market at roughly Mex$35.14 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 Mex$5.8m worth in shares. Tillkännagivande • 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. New Risk • Nov 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: Mex$2.03b (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: Major Risk Shares are highly illiquid. 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 (Mex$2.03b market cap, or US$99.5m). Reported Earnings • Nov 13
Third quarter 2024 earnings released: US$0.19 loss per share (vs US$0.12 loss in 3Q 2023) 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 is expected to decline by 6.4% p.a. on average during the next 2 years, while revenues in the Specialty Retail industry in South America are expected to grow by 3.1%. 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 56% per year, which means it is performing significantly worse than earnings. Tillkännagivande • 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 30
Lead Independent Director recently bought Mex$994k worth of stock On the 27th of August, Eula Adams bought around 25k shares on-market at roughly Mex$39.77 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 Mex$3.7m. Insiders have collectively bought Mex$46m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 18
Co-Founder recently bought Mex$3.7m worth of stock On the 14th of August, Michael Salaman bought around 105k shares on-market at roughly Mex$35.44 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 Mex$21m worth in shares. Tillkännagivande • 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 Reported Earnings • May 13
First quarter 2024 earnings released: US$0.14 loss per share (vs US$0.10 loss in 1Q 2023) 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 is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Specialty Retail industry in South America. 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 59% per year, which means it is performing significantly worse than earnings. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • Jul 26
GrowGeneration Corp. to Report Q2, 2023 Results on Aug 08, 2023 GrowGeneration Corp. announced that they will report Q2, 2023 results After-Market on Aug 08, 2023 Tillkännagivande • May 24
GrowGeneration Corp. (NasdaqCM:GRWG) acquired Southside Garden Supply. GrowGeneration Corp. (NasdaqCM:GRWG) acquired Southside Garden Supply on May 23, 2023. As a part of the transaction, GrowGen took over both existing store locations at 2809 Artic Boulevard, Anchorage, Alaska, and 449 West Parks Highway, Wasilla, Alaska.GrowGeneration Corp. (NasdaqCM:GRWG) completed the acquisition of Southside Garden Supply on May 23, 2023. Tillkännagivande • Jan 17
GrowGeneration Corp. Names Aaron Hook as VP of Sales GrowGeneration Corp. reported the hiring of Aaron Hook as Vice President of Sales. The company noted that Hook will be responsible for driving revenue growth and directing organizational strategy, implementation, and execution of sales programs across all channels. Previously, Hook held leadership positions at Sunlight Supply and, most recently, Hawthorne, a business segment of The Scott's Miracle-Gro Company. He will report directly to Michael Salaman, Co-Founder and President of GrowGen. Tillkännagivande • Nov 11
GrowGeneration Corp. (NasdaqCM:GRWG) acquired St. Louis Hydroponic Company. GrowGeneration Corp. (NasdaqCM:GRWG) acquired St. Louis Hydroponic Company on November 7, 2022.GrowGeneration Corp. (NasdaqCM:GRWG) completed the acquisition of St. Louis Hydroponic Company on November 7, 2022. Tillkännagivande • Nov 08
GrowGeneration Corp. Updates Earnings Guidance for the Fiscal Year 2022 GrowGeneration Corp. updated earnings guidance for the fiscal year 2022. For the year, the company updated revenue guidance to be between $270 million to $280 million, an improvement from the previous range of $250 million to $275 million. Tillkännagivande • Oct 27
GrowGeneration Corp. to Report Q3, 2022 Results on Nov 07, 2022 GrowGeneration Corp. announced that they will report Q3, 2022 results After-Market on Nov 07, 2022 Tillkännagivande • Aug 06
GrowGeneration Corp. Revises Earnings Guidance for the Fiscal Year 2022 GrowGeneration Corp. revised earnings guidance for the fiscal year 2022. For the year, the company revised revenue guidance to be between $250 million to $275 million, down from a range of $340 million to $400 million previously. Tillkännagivande • Jul 20
GrowGeneration Corp. to Report Q2, 2022 Results on Aug 04, 2022 GrowGeneration Corp. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 04, 2022 Tillkännagivande • Jun 11
GrowGeneration Corp. Announces Executive Changes GrowGeneration Corp. announced on June 7, 2022, Dennis Sheldon resigned from his role as Chief Supply Chain & Technology Officer of the Company effective immediately. On June 9, 2022, Paul Rutenis resigned from his role as Chief Merchandise Officer of the Company, effective immediately. Tillkännagivande • May 04
GrowGeneration Corp. to Report Q1, 2022 Results on May 10, 2022 GrowGeneration Corp. announced that they will report Q1, 2022 results After-Market on May 10, 2022 Tillkännagivande • Apr 06
GrowGeneration Corp. Announces Retirement of Sean Stiefel as Member of the Board of Directors 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. Mr. Stiefel's decision to not stand for re-election was not the result of a disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Tillkännagivande • Feb 16
GrowGeneration Corp. to Report Q4, 2021 Results on Mar 01, 2022 GrowGeneration Corp. announced that they will report Q4, 2021 results After-Market on Mar 01, 2022 Tillkännagivande • Feb 01
GrowGeneration Corp. (NasdaqCM:GRWG) acquired Horticultural Rep Group. GrowGeneration Corp. (NasdaqCM:GRWG) acquired Horticultural Rep Group on January 31, 2022. HRG generated estimated revenue of $10 million in 2021 from sales agent commissions and distribution activity. Keith Harrington, Founder and President of Horticultural will be joining GrowGeneration.
GrowGeneration Corp. (NasdaqCM:GRWG) completed the acquisition of Horticultural Rep Group on January 31, 2022. Tillkännagivande • Jan 14
GrowGeneration Corp. Revises Revenue Guidance for the Fourth Quarter and Full Year 2021 GrowGeneration Corp. revises revenue guidance for the fourth quarter and full year 2021. For the quarter, the company's revenue expectation is between $88 million to $90 million. For the year, the company revised revenue expectations between $420 million to $422 million. Tillkännagivande • Jan 05
GrowGeneration Corp. (NasdaqCM:GRWG) acquired Assets of Mobile Media, Inc and MMI Agriculture from Mobile Media, Inc. for $9.4 million. GrowGeneration Corp. (NasdaqCM:GRWG) acquired Assets of Mobile Media, Inc and MMI Agriculture from Mobile Media, Inc. for $9.4 million on January 4, 2022. MMI generated over $14.0 million of revenue in FY2021.
GrowGeneration Corp. (NasdaqCM:GRWG) completed the acquisition of Assets of Mobile Media, Inc and MMI Agriculture from Mobile Media, Inc. on January 4, 2022. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorated over the past week After last week's 19% share price decline to Mex$380, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 22x in the Specialty Retail industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$691 per share. Reported Earnings • Nov 14
Third quarter 2021 earnings released: EPS US$0.069 (vs US$0.07 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$116.0m (up 111% from 3Q 2020). Net income: US$4.03m (up 21% from 3Q 2020). Profit margin: 3.5% (down from 6.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Tillkännagivande • Aug 25
GrowGeneration Corp. (NasdaqCM:GRWG) acquired Commercial Grow Supply. GrowGeneration Corp. (NasdaqCM:GRWG) acquired Commercial Grow Supply on August 24, 2021. Commercial Grow Supply with annual revenues approaching $10 million.
GrowGeneration Corp. (NasdaqCM:GRWG) completed the acquisition of Commercial Grow Supply on August 24, 2021. Tillkännagivande • Aug 24
GrowGeneration Corp. (NasdaqCM:GRWG) acquired Hoagtech Hydroponics. GrowGeneration Corp. (NasdaqCM:GRWG) acquired Hoagtech Hydroponics on August 23, 2021. As part of the transaction, Hoag and his team of eight cultivation experts will join GrowGeneration.
GrowGeneration Corp. (NasdaqCM:GRWG) completed the acquisition of Hoagtech Hydroponics on August 23, 2021. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS US$0.11 (vs US$0.067 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: US$125.9m (up 190% from 2Q 2020). Net income: US$6.71m (up 161% from 2Q 2020). Profit margin: 5.3% (down from 5.9% in 2Q 2020). The decrease in margin was driven by higher expenses. Tillkännagivande • Aug 13
GrowGeneration Corp. Raises Revenue Guidance for the Year 2021 GrowGeneration Corp. raised revenue guidance for the year 2021. 2021 revenue guidance raised to $455 to $475 million. Recent Insider Transactions • Jun 05
Independent Director recently sold Mex$64m worth of stock On the 3rd of June, Sean Stiefel sold around 75k shares on-market at roughly Mex$853 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$99m. Insiders have been net sellers, collectively disposing of Mex$444m more than they bought in the last 12 months. Tillkännagivande • May 26
GrowGeneration Corp. (NasdaqCM:GRWG) acquired The Harvest Company. GrowGeneration Corp. (NasdaqCM:GRWG) acquired The Harvest Company on May 25, 2021. Robert Masterso, Founder of The Harvest Company will stay on in an advisory role and The Harvest Company's team of 16 employees will join GrowGen.
GrowGeneration Corp. (NasdaqCM:GRWG) completed the acquisition of The Harvest Company on May 25, 2021. Recent Insider Transactions • May 21
Executive VP & COO recently sold Mex$99m worth of stock On the 19th of May, Tony Sullivan sold around 131k shares on-market at roughly Mex$761 per share. This was the largest sale by an insider in the last 3 months. This was Tony's only on-market trade for the last 12 months. Reported Earnings • May 14
First quarter 2021 earnings released: EPS US$0.10 (vs US$0.055 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$90.0m (up 173% from 1Q 2020). Net income: US$6.15m (up US$8.24m from 1Q 2020). Profit margin: 6.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Tillkännagivande • May 13
GrowGeneration Corp. Provides Revenue Guidance for the Full Year of Fiscal 2021 GrowGeneration Corp. provided revenue guidance for the full year of fiscal 2021. For the year, the company expects revenues to be between $450 million and $470 million, more than double the Company's sales in 2020. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS US$0.12 (vs US$0.057 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$193.4m (up 143% from FY 2019). Net income: US$5.33m (up 184% from FY 2019). Profit margin: 2.8% (up from 2.4% in FY 2019). The increase in margin was driven by higher revenue. Like-for-like sales growth: 63.0% vs FY 2019 Tillkännagivande • Mar 25
GrowGeneration Corp. Provides Earnings Guidance for the First Quarter and Full Year 2021 GrowGeneration Corp. provided earnings guidance for the first quarter and full year 2021. For the first quarter 2021 revenue guidance $86.0 million - $88.0 million.
Full-year of 2021, revenue guidance increased to $415 million - $430 million. Tillkännagivande • Mar 19
GrowGeneration Corp. (NasdaqCM:GRWG) acquired Aquarius Hydroponics from Mark Hynes. GrowGeneration Corp. (NasdaqCM:GRWG) acquired Aquarius Hydroponics from Mark Hynes on March 17, 2021. Aquarius has an annual revenues approaching $5 million. Owner Mark Hynes also will stay on in a technical support position. As part of the transaction, Aquarius Hydroponics' team of 10 employees will join GrowGen's team of over 500 grow professionals.
GrowGeneration Corp. (NasdaqCM:GRWG) completed the acquisition of Aquarius Hydroponics from Mark Hynes on March 17, 2021.