GrowGeneration Corp.·Consumer Cyclical

DENVER, May 27, 2026 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGeneration,” “GrowGen” or “the Company”), one of the nation's largest suppliers of specialty products for controlled environment agriculture (CEA), commercial cultivation, and garden centers, today announced that management will participate in Oppenheimer's 26th Annual Consumer Growth and E-Commerce Conference, to be held virtually on June 10, 2026. Darren Lampert, Chief Executive Officer and Co-Founder of GrowGeneration, and Gregory Sanders, Chief Financial Officer, will participate in a Fireside Chat on Wednesday, June 10, 2026 at 9:45 a.m.

GrowGeneration Corp. (GRWG) Q1 2026 Earnings Call Transcript

GrowGeneration NASDAQ: GRWG reported higher first-quarter 2026 revenue and a narrower loss, with management pointing to commercial business momentum, proprietary brand growth and contributions from its storage solutions segment as key drivers.

GrowGeneration (GRWG) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to a loss of $0.16 per share a year ago.

Second Consecutive Quarter of Year-Over-Year Revenue Growth driven by Commercial B2B Sales Net Loss Improved by $4.5 million and Adjusted EBITDA Improved by $2.4 million Year-Over-Year, Reflecting Operating Leverage from Cost Actions Proprietary Brand Penetration Increased 500 Basis Points Year-Over-Year to 37.0% of Cultivation and Gardening Revenue $41.1 million in Cash, Cash Equivalents, and Marketable Securities with no Debt Company Reaffirms 2026 Outlook: Revenue of $162 million to $168 million and Approximately Breakeven Adjusted EBITDA (1) DENVER, May 12, 2026 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGeneration,” “GrowGen,” or the “Company”), one of the nation's largest suppliers of specialty products for controlled environment agriculture (CEA), commercial cultivation, and retail garden centers, today announced financial results for the first quarter of 2026. First Quarter 2026 Summary Net sales of $38.4 million, up 7.5% year-over-year; Proprietary brand sales as a percentage of Cultivation and Gardening net sales increased to 37.0%, compared to 32.0% in the first quarter of 2025; Gross profit margin of 25.4%, compared to 27.2% for the first quarter of 2025; Store and other operating expenses declined approximately 27.2% to $6.4 million, compared to $8.8 million for the same period in the prior year; Total operating expenses decreased $4.6 million, or 23.4%, to $15.0 million in the first quarter of 2026, compared to $19.6 million for the same period in the prior year; Net loss was $4.9 million compared to a net loss of $9.4 million for the same period in 2025; Adjusted EBITDA(1) loss of $1.6 million compared to a loss of $4.0 million for the comparable prior year period; and Cash, cash equivalents, and marketable securities of $41.1 million and no debt.

DENVEVER, Colo., April 30, 2026 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGeneration,” “GrowGen” or “the Company”), one of the nation's largest suppliers of specialty products for controlled environment agriculture (CEA), commercial cultivation, and retail garden centers, today announced that it will release its financial results for the first quarter ended March 31, 2026, on Tuesday, May 12, 2026, after market close. The announcement will be followed by a live earnings conference call at 4:30 p.m. ET.
GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It engages in the marketing and distribution of nutrients, growing media, advanced indoor and greenhouse lighting, environmental control systems, vertical benching, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products. The company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. As of March 01, 2022, it operated a chain of 63 stores, which includes 23 in California, 8 in Colorado, 7 in Michigan, 5 in Maine, 6 in Oklahoma, 4 in Oregon, 3 in Washington, 2 in Nevada, 1 in Arizona, 1 in Rhode Island, 1 in Florida, 1 in Massachusetts, and 1 in New Mexico, as well as growgeneration.com, an online superstore for cultivators. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.
Consumer Cyclical
Specialty Retail
289
2018-02-07
2.39