GrowGeneration Corp

News & Events zu GrowGeneration Corp (GRWG)

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GRWG-News

GRWG-Events

3/19 16:20

Company Board Approves Share Repurchase Program Up to $10M

The company also announced that its board of directors has authorized a share repurchase program for up to $10M of the company's outstanding common stock.

3/19 16:10

GrowGen Expects Net Revenue of $162 to $168 Million for 2026

The company said, "For the full year 2026, the Company expects net revenue in the range of $162 to $168 million. The Company expects proprietary brand sales as a percentage of Cultivation & Gardening revenue to reach approximately 40% by year-end. The Company expects continued improvement in gross margin and operating expense efficiency during 2026. With this and the improvements made in its inventory base, the Company anticipates gross margins for the full year 2026 to be in the range of 27% to 29%. Based on these improvements, GrowGen expects to achieve breakeven Adjusted EBITDA for the full year 2026. The Company's full year 2026 guidance assumes a softer first quarter for revenue and Adjusted EBITDA, given its usual seasonality, with profitable second and third quarters reflecting the outdoor cultivation and gardening season as well as continued improvements in gross margin and a lower operating expense base compared to 2025."

3/19 16:10

GrowGen Q4 Revenue at $37.82M, Below Consensus

Reports Q4 revenue $37.82M, consensus $40.02M. Darren Lampert, GrowGen's co-founder and CEO, commented, "2025 was a transformational year for GrowGen. We further streamlined our operating footprint, expanded proprietary brand sales to 32.8% of Cultivation & Gardening revenue, and delivered a 370 basis-point improvement in gross margin to 26.8%. These structural improvements drove a 58.9% year-over-year improvement in Adjusted EBITDA and reduced our GAAP net loss by more than half, reflecting the strength of our operating discipline and strategic focus."

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