GrowGeneration Corp to Announce Fourth Quarter and Full-Year 2020 Results on Wednesday, March 24, 2021

Rhea-AI Summary

GrowGeneration Corp. (NASDAQ: GRWG) will release its financial results for Q4 and full-year 2020 on March 24, 2021, post-market. A live earnings call is scheduled for March 25, 2021, at 9:00 a.m. ET. GrowGeneration operates 50 hydroponic and organic garden centers across the U.S. and aims to expand its brand nationwide. By 2025, the global hydroponics system market is projected to reach approximately $16 billion. Investors are advised to monitor the upcoming earnings report and conference call for financial insights.

Positive

• Expansion potential with 50 hydroponic stores across various states.
• Projected growth in the hydroponics market, estimated to reach $16 billion by 2025.

Negative

• None.

DENVER, March 4, 2021 /PRNewswire/ - GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced it will release its financial results for fourth quarter and full-year 2020 after market close on Wednesday, March 24, 2021.  The announcement will be followed by a live earnings conference call on Thursday, March 25, 2021 at 9:00 a.m. ET.

To participate in the call, please dial (888)-664-6383 (domestic) or (416)-764-8650 (international). The conference access code is 61305331.  This call is being webcast and can also be accessed on the Investor Relations section of the GrowGeneration website, at: IR.growgeneration.com.

A replay of the webcast will be available approximately two hours after the conclusion of the call and remain available for approximately 90 calendar days.                                                                                               

About GrowGeneration Corp.

GrowGen owns and operates specialty retail hydroponic and organic gardening stores. Currently, GrowGen has 50 stores, which include 8 locations in Colorado, 17 locations in California, 2 locations in Nevada, 1 location in Arizona, 2 locations in Washington, 6 locations in Michigan, 1 location in Rhode Island, 5 locations in Oklahoma, 2 locations in Oregon, 5 locations in Maine and 1 location in Florida. GrowGen also operates an online superstore for cultivators at growgeneration.com. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers. Our mission is to own and operate GrowGeneration branded stores in all the major states in the U.S. and Canada. Management estimates that roughly 1,000 hydroponic stores are in operation in the U.S. By 2025, the global hydroponics system market is estimated to reach approximately $16 billion.

Forward Looking Statements:

This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent our current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this release. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as "look forward," "believe," "continue," "building," or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are often discussed in filings we make with the United States Securities and Exchange Commission, available at: www.sec.gov, and on our website, at: www.growgeneration.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/growgeneration-corp-to-announce-fourth-quarter-and-full-year-2020-results-on-wednesday-march-24-2021-301240892.html

SOURCE GrowGeneration

FAQ

When will GrowGeneration Corp. announce its Q4 2020 financial results?

GrowGeneration Corp. will announce its Q4 2020 financial results on March 24, 2021.

What time is the GrowGeneration earnings conference call?

The earnings conference call is scheduled for March 25, 2021, at 9:00 a.m. ET.

Where can I access the GrowGeneration earnings call?

The earnings call can be accessed via phone or through the Investor Relations section of the GrowGeneration website.

How many stores does GrowGeneration currently operate?

GrowGeneration currently operates 50 hydroponic and organic garden centers across the U.S.

What is the projected market size for the global hydroponics system by 2025?

The global hydroponics system market is projected to reach approximately $16 billion by 2025.