Growgeneration (GRWG) Stock News

GrowGeneration (NASDAQ: GRWG), the largest specialty hydroponic retailer, reported Q2 2025 financial results with net sales of $41.0 million, up 14.7% quarter-over-quarter. The company achieved a gross profit margin of 28.3%, improved from 26.9% in Q2 2024, driven by increased proprietary brand sales reaching 32% of cultivation revenue.

Notable improvements include a 22.9% reduction in store operating expenses to $7.9 million and reduced net loss of $4.8 million compared to $5.9 million year-over-year. The company maintains a strong financial position with $48.7 million in cash and no debt. GrowGen operates 29 retail locations across 11 states, spanning 709,000 square feet of retail and warehouse space.

GrowGeneration (NASDAQ: GRWG), the largest specialty retailer of hydroponic and organic gardening products in the United States, has scheduled its Q2 2025 earnings release for August 11, 2025, after market close.

The company will host a conference call at 4:30 p.m. ET to discuss the results. Investors can participate by dialing 1-(888)-699-1199 (domestic) or 1-(416)-945-7677 (international) using conference code 53471. A webcast will be available on GrowGeneration's investor relations website, with a replay accessible for approximately 90 days.

GrowGeneration (NASDAQ: GRWG), the largest specialty retailer of hydroponic and organic gardening products in the US, will showcase its latest innovations at Cultivate'25 in Columbus, Ohio from July 12-15, 2025.

The company will present new products from its proprietary brands including Viagrow and Charcoir, featuring premium aged cow manure, recycled rubber mulch, mulch glue, seedling stations, and specialized coco-based growing media. GrowGeneration will also highlight its Commercial Services Division, which provides facility planning, irrigation design, and cultivation support.

GrowGeneration (NASDAQ: GRWG), the largest specialty retailer of hydroponic and organic gardening products in the US, has announced a significant international expansion through two key initiatives. First, the company has partnered with V1 Solutions, a Macedonia-based firm, to distribute its proprietary product lines across the European Union. The expansion targets key markets including Germany, Portugal, Malta, Luxembourg, Netherlands, Czech Republic, Greece, and Macedonia, capitalizing on the evolving cannabis legalization landscape. Second, GrowGen has established a presence in Costa Rica, marking its entry into Central America where over 50 hemp and cannabis production licenses have been issued in the past year. The company will offer its proprietary brands including Drip Hydro, Char Coir, Ion Lighting, Power Si, and The Harvest Company to commercial cultivators, garden centers, and licensed operators in these regions.

GrowGeneration Corp (NASDAQ: GRWG), the largest specialty retailer of hydroponic and organic gardening products, has acquired Viagrow, a domestic supplier of gardening and hydroponic equipment. Viagrow, founded in 1998 in Athens, Georgia, generates $3 million in annual revenue and distributes products through major retailers like Home Depot, Lowe's, Walmart, and Amazon. The acquisition aims to expand GrowGen's presence in home gardening and big box retail segments. The deal is expected to be accretive to gross margins in FY2025, supporting GrowGen's goal of achieving 30%+ margins through private-label expansion. The strategic move strengthens GrowGen's omni-channel strategy, enhances e-commerce performance, and provides a platform for expanding proprietary brands into mass retail.

GrowGeneration Corp. (NASDAQ: GRWG), the leading specialty retailer of hydroponic and organic gardening products in the US, announced its participation in the upcoming Benzinga Cannabis Capital Conference from June 8-10, 2025, in Chicago. CEO and Co-Founder Darren Lampert, along with President & Co-Founder Michael Salaman, CFO Greg Sanders, and VP of Sales Matthew Koch will represent the company. Notably, Lampert and Koch will join a panel discussion titled 'Can the Sun Compete with the Socket? Greenhouse vs Indoor in the Fight for Premium Pricing' on June 10 at 4:20 p.m. CT. The company will also be available for one-on-one meetings during the conference.

GrowGeneration Corp. (NASDAQ: GRWG), the leading specialty hydroponic and organic gardening retailer in the US, has announced its participation in the upcoming virtual Oppenheimer Consumer Growth and E-Commerce Conference. The event will take place from June 9-11, 2025. CEO and Co-Founder Darren Lampert will engage in a Fireside Chat on June 9 at 9:00 AM ET. Investors can access the chat through GrowGen's IR website or a direct webcast link. The company will also be available for one-on-one meetings during the conference, which interested parties can schedule through Oppenheimer representatives or by contacting GrowGen directly.

GrowGeneration Corp. (NASDAQ: GRWG) has announced that its MMI Storage Solutions division has launched a new mobile package and luggage storage system exclusively designed for Waldorf Astoria Hotels. The custom-engineered solution features high-density mobile carriages with Lyon shelving in Hilton blue, combining functionality with luxury aesthetics to enhance the guest experience.

The system aims to streamline luggage management operations from guest arrival through checkout, providing hotel staff with an efficient and secure storage solution. Initial implementation has shown improvements in operational flow and efficiency. Following this success, GrowGeneration plans to expand similar solutions to other luxury hospitality partners in the upcoming year.

GrowGeneration (NASDAQ: GRWG) reported Q1 2025 financial results with net sales of $35.7 million, down from $47.9 million in Q1 2024, primarily due to the closure of 19 retail locations. Notable highlights include: - Proprietary brand sales increased to 32.0% of Cultivation/Gardening sales (up from 22.6%) - Gross profit margin improved to 27.2% (up from 25.8%) - Net loss of $9.4 million (compared to $8.8 million loss in Q1 2024) - Strong balance sheet with $52.6 million in cash/equivalents and no debt - Operating expenses decreased 17.3% to $8.8 million The company withdrew its full-year 2025 guidance due to macroeconomic uncertainties but expects Q2 2025 revenue to exceed $40 million. GrowGen maintains 31 retail locations across 12 states and is transitioning to a regional fulfillment center model.