GrowGeneration Corp to Announce Third Quarter 2020 Financial Results on Wednesday, November 11, 2020
GrowGeneration (NASDAQ: GRWG) will announce its third-quarter financial results for the period ending September 30, 2020, on November 11, 2020. A live earnings conference call is scheduled for November 12, 2020, at 9:00 a.m. ET. GrowGeneration operates 31 specialty hydroponic and organic gardening stores across several states, aiming to expand its presence in the US and Canada. The global hydroponics market is projected to reach $16 billion by 2025, indicating growth opportunities for the company.
- Scheduled announcement of third-quarter financial results could lead to favorable investor sentiment.
- Expansion potential with 31 stores and a growing global hydroponics market estimated at $16 billion by 2025.
- None.
DENVER, Colo, Oct. 22, 2020 /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 the third quarter ended September 30, 2020, on Wednesday, November 11, 2020. The announcement will be followed by a live earnings conference call on Thursday, November 12, 2020 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 96567037. This call is being webcast and can be accessed by on the Investor Relations section of the GrowGeneration website using the below link: 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 31 stores, which include 5 locations in Colorado, 6 locations in California, 2 locations in Nevada, 1 location in Washington, 6 locations in Michigan, 1 location in Arizona, 1 location in Rhode Island, 4 locations in Oklahoma, 1 location in Oregon, 3 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 US and Canada. Management estimates that roughly 1,000 hydroponic stores are in operation in the US. By 2025, the global hydroponics system market is estimated to reach approximately
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
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SOURCE GrowGeneration
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