DENVER, Jan. 28, 2026 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGeneration,” “GrowGen” or “the Company”), one of the nation’s largest suppliers of specialty products for controlled environment agriculture (CEA), commercial cultivation, and retail garden centers, today announced that it will participate in the Oppenheimer 11th Annual Emerging Growth Conference being held virtually on February 3-4, 2026. The Company will host 1x1 meetings throughout the conference. For more information or ...

Core Insights - GrowGeneration Corp. reported a significant improvement in financial performance for Q3 2025, with a net loss of $2.4 million, a $9.0 million improvement year-over-year, and positive Adjusted EBITDA of $1.3 million, marking the strongest profitability in four years [1][3][9][10]. Financial Performance - Net sales reached $47.3 million for Q3 2025, exceeding guidance by nearly $6 million, but down from $50.0 million in Q3 2024 [4][6]. - Cultivation and Gardening net sales were $38.4 million, a decrease from $41.4 million year-over-year, attributed to fewer retail locations [4][6]. - Gross profit increased to $12.9 million, with a gross profit margin of 27.2%, up from 21.6% in the prior year [6][7]. Cost Management - Store operating expenses declined by 27.8% year-over-year to $7.2 million, while total operating expenses decreased by 31.5% to $15.7 million [8][9]. - Selling, general, and administrative expenses improved by 22.9% to $5.7 million compared to the same period in 2024 [8]. Proprietary Brands - Proprietary brand sales accounted for 31.6% of Cultivation and Gardening net sales, up from 23.8% in the previous year, indicating a successful strategic initiative [5][6]. Future Outlook - The company anticipates fourth-quarter revenue of approximately $40 million and expects continued positive revenue growth and Adjusted EBITDA in 2026 [3][13]. - Management aims for proprietary brands to represent about 40% of segment revenue in 2026, further supporting margin expansion and customer loyalty [3].

Core Insights - GrowGeneration Corp. (NASDAQ:GRWG) is recognized as one of the 12 best marijuana stocks to buy according to analysts, highlighting its strong market position in the hydroponic and organic gardening sector [1] - The company has formed a strategic distribution partnership with Arett Sales to enhance its wholesale presence across the United States, leveraging Arett's extensive network [1][2] - This collaboration will significantly expand GrowGeneration's retail footprint and market access through Arett's 650,000 square feet of warehouse space located in Connecticut, Ohio, and California, facilitating improved delivery and service [1][2] Group 1 - The partnership is described as a "major milestone" for GrowGeneration's wholesale growth, aiming to place its sustainable products in thousands of new stores nationwide [2] - Arett Sales' president emphasized the market potential for GrowGeneration's environmentally friendly products and the opportunity for growth across North America [2] - The agreement aligns with GrowGeneration's strategy to enhance its wholesale and national account capabilities, increase retail channel access, and promote margin-accretive growth [2]

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]

Core Insights - GrowGeneration Corp. reported net sales of $41.0 million for Q2 2025, reflecting a 14.7% increase sequentially but a decline from $53.5 million in Q2 2024 [4][6] - Proprietary brand sales accounted for 32.0% of total Cultivation and Gardening revenue, up from 21.5% in the same period last year, indicating strong brand performance [5][6] - The company achieved a gross profit margin of 28.3%, an improvement from 26.9% in Q2 2024, driven by higher private label penetration [7][6] Financial Performance - Net sales for the Cultivation and Gardening segment were $32.9 million, down from $46.1 million year-over-year due to fewer retail locations [4] - Storage Solutions segment net sales increased to $8.1 million from $7.4 million in the prior year [4] - Store operating expenses decreased by approximately 22.9% to $7.9 million compared to $10.2 million in Q2 2024 [8][6] Profitability Metrics - Gross profit was $11.6 million for Q2 2025, down from $14.4 million in Q2 2024, attributed to decreased sales volume [7] - The net loss narrowed to $4.8 million from a loss of $5.9 million in the same quarter last year [9][6] - Adjusted EBITDA loss was $1.3 million, slightly worse than a loss of $1.1 million in Q2 2024 [10][6] Strategic Initiatives - The company is focusing on a transformation strategy aimed at enhancing long-term profitability, including expanding its online B2B portal and entering the home gardening segment [3] - GrowGeneration established distribution partnerships in the European Union and Costa Rica, indicating international expansion efforts [3] - The company aims for proprietary brands to represent 35.0% of segment sales by year-end 2025 [3] Operational Footprint - As of June 30, 2025, GrowGeneration operated 29 retail locations across 11 states, with a total retail and warehouse space of 709,000 square feet [11] - The company closed two retail locations as part of its network optimization strategy [11] Future Outlook - For Q3 2025, the company expects total consolidated net sales to exceed $41 million, indicating continued sequential growth [13] - Due to macroeconomic uncertainties, the company is not providing a full-year 2025 financial outlook at this time [12]

Core Insights - GrowGeneration Corp. is the largest specialty retailer of hydroponic and organic gardening products in the U.S. and will showcase innovations at Cultivate'25 from July 12-15, 2025 [1][2] Company Overview - GrowGeneration offers a wide range of products including nutrients, additives, growing media, lighting, and environmental control systems, featuring proprietary brands like Charcoir, Drip Hydro, and The Harvest Company [6] Event Participation - At Cultivate'25, GrowGeneration will present its proprietary portfolio of cultivation products and services tailored for modern greenhouse, nursery, and commercial growing operations [2][3] Product Innovations - The company will highlight new and proven products from its brands, including Viagrow, Charcoir, Drip Hydro, and Ion lights, emphasizing its commitment to innovation and performance [3][5] Expansion Strategy - GrowGeneration is expanding into the lawn, garden, and nursery sectors through The Harvest Company and Viagrow, providing scalable, retail-ready solutions for growers nationwide [3]