Welcome to our dedicated page for Growgeneration news (Ticker: GRWG), a resource for investors and traders seeking the latest updates and insights on Growgeneration stock.
GrowGeneration Corp (NASDAQ: GRWG) features frequently in news coverage as one of the nation’s largest specialty hydroponic and organic gardening retailers and a supplier of products for controlled environment agriculture (CEA), commercial cultivation, and retail garden centers. Company press releases and SEC filings provide regular updates on its financial performance, proprietary product launches, distribution partnerships, and participation in industry events.
News about GrowGeneration often centers on quarterly financial results, where the company reports net sales, gross margin trends, operating expenses, and the contribution of proprietary brands to Cultivation and Gardening revenue. These releases highlight how private‑label brands such as Char Coir, Drip Hydro, PowerSi, Ion lights, The Harvest Company, and Viagrow influence margins and segment performance.
Another recurring theme in GRWG news is product and technology announcements. For example, the company has announced the launch of Dialed In under‑canopy LED lighting systems and related environmental and fertigation solutions designed for commercial cannabis cultivation. Such stories provide detail on how GrowGeneration develops and markets specialized equipment for indoor, greenhouse, and mixed‑light environments.
GrowGeneration also issues news about wholesale and distribution initiatives, including partnerships that expand the reach of its proprietary brands into additional lawn and garden channels, independent retailers, and national accounts. These items describe how the company’s wholesale and B2B strategy extends beyond its own retail locations and online platforms.
In addition, the company regularly announces its participation in industry conferences and expos in the United States and abroad, where it exhibits cultivation solutions and engages with commercial operators, distributors, and investors. Investors and observers who follow GRWG news can use this page to review these press releases and related updates in one place.
GrowGeneration (NASDAQ: GRWG) has officially launched its B2B Pro Portal, an advanced e-commerce platform designed to enhance procurement efficiency for commercial cultivators and retailers. The platform features real-time inventory management, automated quoting, and direct ordering capabilities.
The new portal enables large-scale cultivators, greenhouse operations, and vertical farms to streamline their ordering process with features including:
- Real-time inventory and bulk pricing access
- Self-service quote generation and ordering
- Customized account management with personalized pricing
- Integrated shipping options and flexible financing solutions
According to CEO Darren Lampert, the platform represents a significant step in GrowGen's digital transformation strategy, focusing on B2B customers while driving operational efficiencies to reduce expenses and improve profitability. The portal was soft-launched in Q4 2024 and has already received positive customer feedback.
GrowGeneration (NASDAQ: GRWG) reported its Q4 and full-year 2024 financial results, with annual net sales of $188.9 million, including proprietary brand sales of $39.5 million. The company's proprietary brand sales increased to 24.2% of cultivation and gardening net sales, up from 18.8% in 2023.
Key financial metrics include a full-year gross profit margin of 23.1%, down from 27.1% in 2023, and a net loss of $49.5 million compared to $46.5 million in 2023. The company ended 2024 with $56.5 million in cash and no debt.
During 2024, GrowGen consolidated 19 retail locations, reducing its footprint to 31 stores across 12 states. For 2025, the company projects revenue between $170-180 million, with Adjusted EBITDA ranging from a $2 million loss to a $2 million profit, and expects gross profit margins of 29-31%.
GrowGeneration (NASDAQ: GRWG), a leading retailer and distributor of specialty hydroponic and organic gardening products in the United States, has announced its participation in the upcoming 37th Annual ROTH Conference. The event will take place in Dana Point, California, from March 16-18, 2025.
The company will be conducting one-on-one meetings during the conference. Interested investors can schedule meetings with GrowGen management either through ROTH MKM or by emailing GrowGen@kcsa.com.
GrowGeneration Corp. (NASDAQ: GRWG), one of the largest retailers and distributors of specialty hydroponic and organic gardening products in the United States, has announced it will release its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, March 13, 2025, after market close.
The announcement will be followed by a live earnings conference call at 4:30 p.m. ET. Interested participants can dial 1-(888)-699-1199 (domestic) or 1-(416)-945-7677 (international) using the conference code 00406.
The call will also be webcast and can be accessed through 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 will remain accessible for approximately 90 calendar days.
GrowGeneration Corp. (NASDAQ: GRWG), a leading retailer and distributor of specialty hydroponic and organic gardening products in the United States, has announced its participation in the upcoming Oppenheimer 10th Annual Emerging Growth Conference. The virtual event is scheduled for February 25-26, 2025.
The company will be conducting one-on-one meetings throughout the conference. Interested parties can schedule meetings through their Oppenheimer representative or by contacting GrowGen directly via email at GrowGen@kcsa.com.
GrowGeneration (NASDAQ: GRWG) reports significant transformation in 2024, focusing on B2B operations and proprietary brand growth. The company achieved over 30% of cultivation and gardening revenue from proprietary products in Q4 2024, targeting 35% by end of 2025.
Preliminary 2024 results show anticipated net sales of $188-190 million, proprietary brand sales of $39-40 million, and storage solutions sales of $25-26 million. The company maintains a debt-free balance sheet with over $56 million in cash and equivalents.
Key developments include launching a new B2B e-commerce platform, streamlining operations to 31 stores and two distribution centers, and implementing cost-reduction measures expected to save $12 million annually. The company's focus on proprietary brands like Char Coir Coco, Drip Hydro nutrients, and Ion LED lighting solutions aims to drive higher margins and recurring revenue.
GrowGeneration (NASDAQ: GRWG) announced the launch of three new premium product lines across its proprietary brands portfolio. The company introduced the ION 135 Watt Under Canopy LED Light in November, with plans to release pest management traps under The Harvest Company brand and Char Coir Crush Pots in December. These launches increase GrowGen's proprietary product SKU count to over 220. The initiative aligns with the company's goal to have proprietary brand sales represent 35% of total gardening sales by the end of 2025, as part of their profitability strategy focusing on higher margin sales growth.
GrowGeneration (NASDAQ: GRWG) reported its Q3 2024 financial results, noting a 10.2% decline in net sales to $50.0 million due to 25 fewer retail locations. Despite this, same-store sales increased 12.5% year-over-year, and proprietary brand sales rose to 23.8% from 19.4% in Q3 2023. The company reported a net loss of $11.4 million, compared to a $7.3 million loss in the prior year. Operating expenses fell by 5.4% to $22.9 million, while gross profit margin decreased to 21.6% from 29.1% due to restructuring activities. Adjusted EBITDA showed a loss of $2.4 million, down from a $0.9 million loss last year. The company retains a strong cash position with $55.2 million and no debt. CEO Darren Lampert highlighted progress in strategic restructuring and plans to launch an e-commerce portal in Q4 2024. Full-year 2024 net sales are projected to range between $190 million and $195 million.
GrowGeneration (NASDAQ: GRWG), a leading retailer of hydroponic and organic gardening products, announced a webinar co-hosted with MJ Biz Daily titled 'Scaling Success: Building a Profitable Cultivation Business' scheduled for November 12th at 2:00p.m. ET.
The webinar will focus on optimizing cultivation operations, building cost-efficient facilities, and exploring product innovation's role in yield improvement. Speakers include Matt Koch (VP of Commercial Sales), Travis Goldstein (Director of Market Development), and Sean Reardon (Commercial Sales Account Manager, East), alongside two commercial grower influencers.
The event will also showcase GrowGen's new commercial division, aimed at helping cultivators scale their operations effectively.
GrowGeneration (NASDAQ: GRWG), a leading retailer and distributor of specialty hydroponic and organic gardening products in the United States, has announced its Q3 2024 earnings release schedule. The company will disclose financial results for the quarter ended September 30, 2024, on Tuesday, November 12, 2024, after market close. A live earnings conference call will follow at 4:30 p.m. ET, accessible via phone or webcast through the company's investor relations website.
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