GrowGeneration Corp. (GRWG) Tops Q1 EPS by 1c; Offers FY23 Revenue Guidance
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GrowGeneration Reports First Quarter 2023 Financial Results
May 9, 2023 4:05 PM EDTNet Revenue of $57 million Represents Sequential Improvement from Prior Quarter
Gross Margin Improved Substantially to 28.7%
Net Loss of $6.1 million and Non-GAAP Adjusted EBITDA(1) Loss of $1.8 million, Above Guidance
DENVER--(BUSINESS WIRE)-- GrowGeneration Corp. (NASDAQ: GRWG) (GrowGen or the Company), the largest chain of specialty hydroponic and organic garden centers with 61 locations across 17 states, today reported financial results for the first quarter ended March 31, 2023.
First Quarter 2023 Highlights
Net sales increased quarter-over-quarter to $56.8... More