Hydroponic and Organic Gardening Retail

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GrowGeneration Partners with Arett Sales to Expand Nationwide Distribution of Proprietary Cultivation Brands
Globenewswire· 2025-08-26 12:00
Core Insights - GrowGeneration Corp. has announced a strategic partnership with Arett Sales to expand its distribution network for organic fertilizers and sustainable growing media across the U.S. [1][2] - The collaboration will enhance GrowGeneration's wholesale and B2B strategy, allowing its proprietary brands to reach thousands of new retail locations [1][3] Company Overview - GrowGeneration is the largest specialty hydroponic and organic gardening retailer in the U.S., offering a wide range of products including nutrients, additives, and proprietary brands [4] - The company operates an online superstore and a wholesale business for resellers, as well as a storage solutions business [4] Partnership Details - Arett Sales will distribute GrowGeneration's proprietary product lines through its extensive network serving independent garden centers, hardware stores, and nurseries across 32 states [2][3] - The partnership includes support through merchandising, marketing campaigns, and trade shows, aimed at enhancing retail access and driving growth [3] Market Impact - This partnership is expected to significantly increase GrowGeneration's retail footprint in the lawn and garden sector, providing innovative and sustainable solutions to a broader market [3] - Arett Sales, with over 650,000 square feet of warehousing, will facilitate daily deliveries and store-level service, enhancing distribution efficiency [2][6]
GrowGeneration Schedules Second Quarter 2025 Earnings Release Conference Call for August 11, 2025
Globenewswire· 2025-07-30 12:00
Core Viewpoint - GrowGeneration Corp. will release its financial results for the second quarter ended June 30, 2025, on August 11, 2025, after market close, followed by a live earnings conference call [1]. Company Overview - GrowGeneration Corp. is the largest specialty retailer of hydroponic and organic gardening products in the United States [3]. - The company offers a wide range of products including nutrients, additives, growing media, lighting, environmental control systems, and proprietary brands such as Charcoir, Drip Hydro, Power Si, Ion lights, and The Harvest Company [3]. - GrowGeneration operates an online superstore for cultivators and has a wholesale business for resellers, as well as a benching, racking, and storage solutions business called Mobile Media or MMI [3]. Earnings Call Information - To participate in the earnings call, domestic participants can dial 1-(888)-699-1199 and international participants can dial 1-(416)-945-7677, using the conference code 53471 [2]. - The call will be webcast and accessible through the Investor Relations section of the GrowGeneration website, with a replay available approximately two hours after the call for about 90 days [2].
GrowGeneration to Participate in the Benzinga Cannabis Capital Conference on June 8-10, 2025
Globenewswire· 2025-06-03 12:00
Core Insights - GrowGeneration Corp. is the largest specialty retailer of hydroponic and organic gardening products in the United States [3] Group 1: Company Participation in Events - GrowGeneration's CEO Darren Lampert, President Michael Salaman, CFO Greg Sanders, and VP of Sales Matthew Koch will participate in the Benzinga Cannabis Capital Conference from June 8-10, 2025, in Chicago [1] - Lampert and Koch will engage in a panel discussion titled "Can the Sun Compete with the Socket? Greenhouse vs Indoor in the Fight for Premium Pricing" on June 10, 2025, at 4:20 p.m. Central Time [2] - The company will host one-on-one meetings during the conference for interested parties [2] Group 2: Company Overview - GrowGeneration offers a wide range of products including nutrients, additives, growing media, lighting, environmental control systems, and proprietary brands such as Charcoir, Drip Hydro, and Power Si [3] - The company operates an online superstore for cultivators at growgeneration.com and has a wholesale business for resellers, as well as a benching, racking, and storage solutions business called Mobile Media or MMI [3]
GrowGeneration to Participate in the 25th Annual Oppenheimer Consumer Growth and E-Commerce Conference on June 9–11, 2025
GlobeNewswire News Room· 2025-05-30 12:00
Company Overview - GrowGeneration Corp. is the nation's largest specialty hydroponic and organic gardening retailer, offering thousands of products including nutrients, additives, growing media, lighting, and environmental control systems [4] - The company operates an online superstore for cultivators at growgeneration.com and has a wholesale business for resellers, as well as a benching, racking, and storage solutions business called Mobile Media or MMI [4] Upcoming Events - Management will participate in Oppenheimer's 25th Annual Consumer Growth and E-Commerce Conference, scheduled for June 9–11, 2025 [1] - Darren Lampert, the CEO and Co-Founder, will engage in a Fireside Chat on June 9, 2025, at 9:00 a.m. Eastern Time, with a webcast available on the Investor Relations site [2] - The company will host 1x1 meetings during the conference, with scheduling available through Oppenheimer representatives or via email [3]
GrowGeneration’s MMI Announces New Luxury Mobile Package & Luggage Storage Solution Designed Exclusively for Waldorf Astoria Hotels
Globenewswire· 2025-05-13 12:00
GrowGen is the nation's largest specialty hydroponic and organic gardening retailer. GrowGen carries and sells thousands of products, such as nutrients, additives, growing media, lighting, environmental control systems, and benching and racking, including proprietary brands such as Charcoir, Drip Hydro, Power Si, Ion lights, The Harvest Company, and more. The Company also operates an online superstore for cultivators at growgeneration.com, as well as a wholesale business for resellers, and a benching, racki ...
GrowGeneration Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-08 20:05
Core Insights - GrowGeneration Corp. reported a first quarter net sales of $35.7 million, a decrease from $47.9 million in the same period last year, primarily due to the closure of 19 retail locations in 2024 [4][6] - Proprietary brand sales increased to 32.0% of total Cultivation and Gardening revenue, up from 22.6% year-over-year, reflecting the strength of the company's product portfolio [5][6] - The gross profit margin improved to 27.2%, compared to 25.8% in the first quarter of 2024, indicating operational efficiency [7][9] Financial Performance - The company reported a net loss of $9.4 million for the first quarter of 2025, compared to a net loss of $8.8 million in the same quarter of 2024 [9][10] - Adjusted EBITDA loss was $4.0 million, worsening from a loss of $2.9 million in the prior year [10][26] - Cash, cash equivalents, and marketable securities totaled $52.6 million with no debt, providing financial flexibility for future growth initiatives [6][10] Operational Strategy - The company is transitioning to a regional fulfillment center model and focusing on B2B engagement, moving away from same-store sales as a key performance metric [3][12] - Store and other operating expenses decreased by approximately 17.3% to $8.8 million compared to $10.6 million in the first quarter of 2024 [8][9] - The company has withdrawn its full-year 2025 financial outlook due to macroeconomic uncertainties and is exploring strategies to mitigate risks [12] Future Outlook - For the second quarter of 2025, GrowGeneration expects total consolidated net sales to exceed $40 million [13]