GrowGeneration Corp. (GRWG) Misses Q2 EPS by 1c

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Go back to GrowGeneration Corp. (GRWG) Misses Q2 EPS by 1c

GrowGeneration Reports Second Quarter 2023 Financial Results

August 8, 2023 4:05 PM EDT

Net Revenue of $63.9 million Represents a 12% Sequential Improvement from Prior Quarter

Net Loss of $5.7 million and Non-GAAP Adjusted EBITDA(1) Profit of $0.9 million, Driven by Sequentially Stronger Sales

DENVER--(BUSINESS WIRE)-- GrowGeneration Corp. (NASDAQ: GRWG) (GrowGen or the Company), the largest chain of specialty hydroponic and organic garden centers in the United States with 62 stores across 18 states, today reported financial results for the second quarter ended June 30, 2023.

Second Quarter 2023 Highlights

Net sales increased 12% quarter-over-quarter to $63.9 million Comparable... More