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GrowGeneration Corp - GRWG STOCK NEWS

Welcome to our dedicated news page for GrowGeneration (Ticker: GRWG), a resource for investors and traders seeking the latest updates and insights on GrowGeneration.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GrowGeneration's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GrowGeneration's position in the market.

Rhea-AI Summary
GrowGeneration Corp. (GRWG) expects revenue for full-year 2023 to be at the top-end of the previously guided $220 million to $225 million range. Adjusted EBITDA guidance remains unchanged between a loss of $4 million to $6 million. The company is the largest chain of specialty hydroponic and organic garden centers in the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.89%
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none
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Rhea-AI Summary
GrowGeneration Corp. (NASDAQ: GRWG) announced its participation in the 26th Annual ICR Conference in Orlando, Florida. The CEO will take part in a fireside chat on January 8, 2024, with a live webcast accessible on the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
conferences
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Rhea-AI Summary
GrowGeneration Corp. (NASDAQ: GRWG) reported Q3 2023 net revenue of $55.7 million, a 13% decrease in net sales quarter-over-quarter. The gross profit margin of 29.1% represents a 230 basis point sequential improvement over Q2 2023. The company also reported a net loss of $7.3 million and non-GAAP adjusted EBITDA(1) loss of $0.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.58%
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Rhea-AI Summary
GrowGeneration Corp. will release its Q3 2023 financial results on November 8, 2023. The earnings conference call will be held at 4:30 p.m. ET and can be accessed via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.96%
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Rhea-AI Summary
GrowGeneration Corp. to participate in Benzinga Cannabis Capital Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
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conferences
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Rhea-AI Summary
GrowGeneration Corp. reports net revenue of $63.9 million for Q2 2023, a 12% increase from the previous quarter. The company also achieved a non-GAAP Adjusted EBITDA profit of $0.9 million. However, comparable store sales decreased by 15.1% compared to the prior year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-22.87%
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Rhea-AI Summary
NASDAQ: GRWG - GrowGeneration Corp. Announces Q2 2023 Financial Results Release Date and Earnings Conference Call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.13%
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Rhea-AI Summary
Harvest 360 Technologies and GrowGeneration Corp. have announced the final phase of the New Jersey NEXTGEN education and training accelerator for micro-cultivation cannabis license applicants. The last cohort of micro-cultivation teams will be announced on October 1st, 2023. Grand Prize winners will be selected at MJBizCon in November.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
33.33%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.14%
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conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.83%
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GrowGeneration Corp

Nasdaq:GRWG

GRWG Rankings

GRWG Stock Data

146.38M
57.41M
5.95%
47.79%
7.09%
Farm Supplies Merchant Wholesalers
Wholesale Trade
Link
United States
Greenwood Village

About GRWG

growgeneration corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the united states. it engages in the marketing and distribution of horticultural, organics, and lighting and hydroponics products, including lighting fixtures, nutrients, seeds and growing media, systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. the company also operates growgen.pro, an online e-commerce store. the company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. as of march 27, 2020, it operated a chain of 27 retail and commercial hydroponic/gardening centers, including 5 locations in colorado, 4 locations in california, 4 locations in michigan, 2 locations in nevada, 1 location in washington, 1 location in oregon, 4 locations in oklahoma, 1 location in rhode island, 3 locations in maine, 1 location in florida,